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
Interfor Completes Acquisition Of Simpson Lumber Sawmills
Interfor Completes Acquisition Of Simpson Lumber SawmillsInterfor Corporation (IFP) announced today it has completed the acquisition of four sawmills from Simpson Lumber Company, LLC, increasing its annual lumber production capacity by 30 percent to 3.1 billion board...
Shrinking Timber Supply Sends B.C. Companies On U.S. Mill Buying Spree
At first blush, year-end financials and stock prices for B.C.’s largest forest companies would suggest the province’s forestry sector is well on the road to recovery after a decade-long slump. Interfor Corp., for example, posted record sales of $1.4 billion in 2014...
Northwest Hardwoods Completes Acquisition Of Industrial Timber & Lumber
Northwest Hardwoods Completes Acquisition Of Industrial Timber & LumberNorthwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. NWH is headquartered in Tacoma, WA and has...
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.