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
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…
SPI Names Robert Hoover Vice President Of Resources
Sierra Pacific Industries (SPI) has named Robert Hoover Vice President of Resources, effective Jan. 1, 2024. He will work with SPI’s team of professionals who sustainably manage the company’s 2.4 million acres of timberlands and provide a steady log supply for the company’s sawmills. Hoover is assuming this role following the retirement of Dan Tomascheski at the end of the year…
U.S. Housing Starts Boom In November
U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October…
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.