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
Roseburg Announces Massive Investment
In a much-anticipated announcement, Roseburg Forest Products revealed in last week its plan to invest $700 million during the next four years to upgrade and expand its manufacturing operations in southern Oregon, including the construction of a MDF facility in Dillard, current site of multiple operations and where the company was founded nearly 90 years ago…
Single-Family Housing Starts Show Strength
U.S. housing starts had a minor dip in March, at 1.42 million, down 0.8% from February, though single-family starts were at a rate of 861,000 in March, an increase of 2.7% from February, while multi-family (five units or more) were 542,000, down 6.7% from February, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
TP&EE Sets 2024 Show Dates
Hatton-Brown Expositions LLC announces that the next Timber Processing and Energy Expo (TP&EE) will be held September 25-27, 2024 at the Portland Exposition Center in Portland, Ore. The 2024 show will be the sixth biennial TP&EE to be produced since 2012 by Hatton-Brown Expositions, LLC, an affiliate of Hatton-Brown Publishers, Inc. and of Timber Processing, Panel World and…
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.