Japan’s Nissin Foods Holdings is setting up a subsidiary in Turkey for the manufacture of noodles. The Tokyo-headquartered maker of the Soba and Cup Noodles brands said it is investing Tl1.59bn ($38.1m) in the project. In a statement signed off by president and CEO Koki Ando today (1 October), Nissin Foods said it has entered an agreement to purchase a factory in Turkey from pasta business Oba Makarnacılık Sanayi ve Ticaret. The deal includes the plant, located in Sakarya province, production equipment ...