Lucidyne Becomes Microtec Corvallis
Corvallis, Ore.-based Lucidyne Technologies, which was purchased in 2020 by Microtec, is now named Microtec Corvallis as Microtec finalizes its branding integration plans.
Last year, following its acquisitions of Finscan and Woodeye, Microtec rebranded Finscan as Microtec Espoo and Woodeye as Microtec Linköping in Europe.
In addition, Microtec has announced that the former Springer-Microtec in Vancouver becomes Microtec Vancouver. It reports to Microtec Corvallis which becomes the hub for the North American market as well as Australia and New Zealand.
“Lucidyne’s excellent AI technology and outstanding service quality combined with a significantly expanded product portfolio and Microtec’s global experience is the basis for a new strong player in the North American market,” explains Frank Jöst, CEO of Microtec.
“We are very proud to be able to expand the competencies in the field of artificial intelligence for Europe with our U.S. know-how,” emphasizes Patrick Freeman, former CTO of Lucidyne and now CTO of Microtec.
With the brand integration of Lucidyne, Microtec’s turquoise is now the distinctive color of the leading scanner solutions for the wood industry worldwide.
The company’s headquarters remain in Bressanone, Italy, with additional branches in Finland, Sweden and Germany.
Latest News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
Analyst: Canfor Corp., West Fraser Timber Merger SpeculationRecent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival...
Time To Invest
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a major drop in housing starts, signs within and outside the industry are...
Simonds International Announces Merger With Scies B.G.R. Inc.
Simonds International and Scies B.G.R. Inc. recently announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber industry. The combined entity will continue...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.