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
Peak Announce SYP Pellet Mill
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area. Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan…
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S. housing starts dropped 8.1% in September from August to a seasonally adjusted annual rate of 1.439 million, including a drop in single-family starts of 4.7% to 892,000 and a decline in multi-family starts of 13.1% to 530,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a…
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.