Microtec Purchases Lucidyne Technologies
In a move that creates one of the largest wood products scanning companies in the world, Microtec has acquired Lucidyne Technologies, Inc.
Microtec has been delivering technologically advanced scanning and optimization systems for 40 years, and is a premier scanning company across Europe. Lucidyne has been an industry leader in scanning and optimization throughout North America since 1985. This acquisition expands both companies’ product lines, geographical reach and, perhaps most importantly, brings the two highly advanced technologies and technology teams together.
The opportunities provided by this acquisition to the wood products industry are significant. Lucidyne’s products will now be enhanced by the availability of the entire Microtec product line. Together there will be a mill-wide integrated scanning opportunity. Microtec and Lucidyne will be introducing co-developed products that bring the best of the companies’ technologies together, including Lucidyne’s patented Perceptive Sight Intelligent Grading platform.
Microtec’s headquarters will remain in Bressanone, Italy, while Lucidyne’s operations will remain in Corvallis, Ore. There are no anticipated changes to staffing, support, plant operations or customer interaction, according to the companies. Customer support will remain an important top priority.
“Microtec and Lucidyne are eager to work together as the world’s largest wood products scanning company, delivering unparalleled results to our industry worldwide,” the companies state.
RELATED ARTICLES
Microtec Announces Branding Strategy
Lucidyne Adds Trammel To Sales Team
Latest News
Maine’s Katahdin Forest Products Mulls Sawmill Expansion
Katahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves a cloud of uncertainty…
Global Softwood Lumber Trade Forecasted To Increase In 2016
Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO)…
Trump’s ‘Get Tough’ Trade Plan Could Benefit Maine Lumber Industry
Maine sawmills and timber harvesters could benefit if President-elect Donald Trump goes through with a draft plan to aggressively renegotiate trade terms for competing softwood lumber imported from Canada. A Trump transition team memo obtained…
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.