ADM to buy control of supplier of soy protein, gluten-free flour

by Jeff Gelski
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Textured soy protein from Harvest Innovations
Harvest Innovations offers expeller-pressed soy proteins, oils and gluten-free ingredients.

CHICAGO — Archer Daniels Midland Co. has agreed to purchase a controlling stake in Harvest Innovations, which offers expeller-pressed soy proteins, oils and gluten-free ingredients. Harvest Innovations uses expeller pressing to turn grains, legumes and oilseeds into non-bioengineered, organic and gluten-free ingredients, including non-bioengineered soy chips, expeller-pressed soy flour, textured vegetable protein, organic soy crisps, and gluten-free flours and pastas.

Vince Macciocchi, ADM
Vince Macciocchi, president of ADM’s Wild Flavors and Specialty Ingredients business unit

“More and more consumers are looking for foods that are gluten-free, that aren’t genetically modified, and that are healthy and organic, and ADM is perfectly positioned to meet those needs,” said Vince Macciocchi, president of ADM’s Wild Flavors and Specialty Ingredients business unit. “We were already the provider of choice for a wide range of healthy, clean label ingredients, and in the last year, we’ve significantly expanded our product portfolio. Today’s addition perfectly complements our existing ingredient businesses and offers customers a full-service, one-stop shop for their ingredient needs.”

Harvest Innovations is based in Indianola, Iowa, and has a second processing facility in Deshler, Ohio.

“This is a great opportunity for the Harvest business, the Harvest team and Harvest customers,” said Barry Nadler, president and co-owner of Harvest Innovations. “We’re excited to join our resources and expertise with ADM’s to grow our business and to serve more customers with more products, more innovation and more great customer service.”
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READER COMMENTS (1)

By Dr.Oleg V Anokhin 8/31/2017 2:15:20 AM
Good afternoon, dear company! To you the scientist chemist Dr. Oleg V Anokhin addresses. For forty years of working experience in the field of colloidal chemistry of natural food products from the class of compounds = Bast crops, I have invented and are now offering several innovative technologies in the American and Pacific markets for processing and improving the basic ingredients for the food and perfumery industry. To accelerate and clarify the essence of the proposal = this is the possibility of using amorphous polysaccharides in new, promising technology, technologies. By analyzing my patent searches, I see your achievements in this industry. I thought, why not offer my innovative technology to you? The level of my development is certainly not for the technological capabilities of Ukraine. The solutions and inventions offered by me will become in the future basic for new algorithms of new harvesting technologies. It is interesting that the proposed innovative "kit" comes up for any (!) of the species and cereals and the entire spectrum of Bast Crops! By the way, to clarify my real possibilities on these topics, I suggest that you open it in GOOGLE – Dr. Oleg V Anokhin and you can see a series of my proposals for world producers of urban food and perfumes. Yours faithfully Oleg Anokhin.