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
Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…
Biofuels Project Sinks
The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment…
Opticom Celebrates 50th Anniversary
Opticom Technologies, a leader in industrial video monitoring solutions, is celebrating 50 years in business. The company, founded in 1973, has evolved to continue offering innovative products as video monitoring technology has advanced. “It’s unique for a video monitoring company to have 50 years of history under its belt,” comments Opticom Global…
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.