Header: Header: Header:

BID Group Becomes Comact

 

BID Group has announced it will transition to new identity, Comact, marking a significant evolution in the company’s journey and reflects its commitment to innovation and excellence. From its origins as an OEM, Comact has been instrumental in transforming the wood processing industry. The company has consistently invested in research and development, addressed customer challenges, and adapted to their evolving needs. Through strategic alliances and acquisitions of leading brands, Comact has established itself as a world-class leader and pioneer renowned for its high-performance technology and equipment and its exceptional customer engagement.

“The decision to transition to Comact aligns with our strategic plan to expand as a high-tech OEM with key customers worldwide,” explains Alistair Cook, president and CEO. “This new identity signifies the beginning of a transformative phase for us. We are reaffirming our commitment to being the premier OEM in the industry by delivering cutting-edge technologies, world-class project services, and unparalleled dedication—qualities that have cemented Comact’s reputation as a market leader in high-performance, innovative solutions.”

As Comact, the company will continue to focus on what matters most to its clients: Optimizing operational performance, leveraging advanced technologies, and delivering exceptional field support. Comprehensive project services, including construction and installation, will continue without interruption.

The company will gradually implement the new brand across all touchpoints starting now. Customers, partners, and stakeholders can expect a seamless transition with no disruption to its operations. Further details will be shared soon.

Latest News

Endowment Welcomes New Board Members

U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive perspective and unique vision. We look forward to collaborating with them to further the mission of the Endowment,” comments Pete Madden, President and CEO of the Endowment…

Kadant Completes Key Knife Acquisition

Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…

The Luck Of The Irish

Article by Jessica Johnson, Senior Editor, Timber Processing, November 2023 – Earlier this fall, I had the privilege of heading to Ireland to see the sights, enjoy the scenes and. . .do a little work while I was at it. My second work trip to the Emerald Isle did not disappoint.

MiCROTEC Appoints New Corvallis CEO

MiCROTEC has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Ore. Heyman brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team…

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.