Ebro Puleva is to invest EUR94m (US$120.6m) between 2010 and 2012 to streamline its US and European dried pasta factories, according to the Spanish food company’s annual report.

Ebro said today (10 May) that it will spend EUR42m in its US factories and EUR59m in its European facilities to “substantially” improve their productivity.

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Through its New World Pasta division, Ebro owns dried pasta factories in Fresno, California; Saint Louis, Missouri; and Winchester, Virginia.

In Europe, the company’s main factories are located in France and Germany.