Issue link: https://www.e-digitaleditions.com/i/1366075
May 2021 / 11 Ardent Mills to acquire chickpea product company Hinrichs Trading Co. Ardent Mills, Denver, CO, a flour-milling and ingredient com- pany, announced that it plans to purchase Hinrichs Trading Co., a North American chickpea sourcing, cleaning, and packing company. The move aligns with Ardent Mills' strategic plan to invest in specialty ingredients and diversify its port- folio of solutions. The two parties expect the deal to be completed in April 2021. Hinrichs Trading is a family- owned company headquartered in Pullman, WA, and operates five locations in Washington and Mon- tana. The company has 30 years of experience in the chickpea indus- try from the first introduction of the company to optimize products, production assets, and manufac- turing processes along the entire value chain, essentially building a real-time digital twin. The service allows manufacturers to comply with regulatory requirements and data privacy. Siemens AG is a global conglom- erate headquartered in Munich, Germany, and Siemens Digital Industries Software is part of Sie- men's Digital Industries business. IBM is a multinational technol- ogy company headquartered in Armonk, NY. Owned by IBM but operated independently, Red Hat is a provider of enterprise open- source software solutions, including high-performing Linux, hybrid cloud, container, and Kubernetes technologies based in Raleigh, NC. and operating costs (40 percent) versus manual production. The consortium is aiming to create a pilot line concept and manufacture two different types of electrical insulation components. The proj- ect is scheduled to be completed in March 2022. Consortium partners are from several steps along the value chain, including three large industries, five small and medium-sized enter- prises, and two research partners. The industrial partners understand the business side of the project, and the research organizations provide expertise on the cellulose material, novel process technologies, and testing of prototype components. More info on the partners is avail- able at www.novumproject.eu. Siemens, IBM, Red Hat collaborate on IIoT service solution to better harness data Siemens, IBM, and Red Hat have announced a collaboration that will use a hybrid cloud to gather real- time value from operational data to improve how manufacturers use the industrial internet of things (IIoT). According to a report from IBM, a single manufacturing site may produce as much as 2,200 tera- bytes of data but most of that data goes unanalyzed. Siemens Digital Industries Soft- ware will apply IBM's open hybrid cloud approach, which is built on Red Hat's OpenShift, to extend the deployment flexibility of Mind- Sphere. MindSphere is an IIoT service solution that uses analytics and artificial intelligence to power IoT solutions either on-site or in the cloud. The service solution is used by organizations to collect and analyze real-time sensor data from products, plants, systems, and machines. This data allows