Ferrero, the privately-owned confectionery giant, is investing in the “modernisation” of its ice cream plant in Spain. The move is intended to make the Ice Cream Factory Comaker (ICFC) plant in Alzira, Valencia the group’s European "technology hub for ice cream development", according to a statement from the Italian firm. The €140m ($162.3m) project will expand capacity, “modernise” processes and roll out new technologies. New production lines will be installed before 2030. The plant will manufacture ne ...