BID Group acquired a manufacturer of sawmilling equipment, specializing in stickering lumber stackers and stick recovery systems in the US

BID Group has acquired MoCo Engineering and Fabrication (Spokane, Washington, USA). According to the announcement,  MoCo will continue to operate from the existing facility in the Spokane Valley.

MoCo is a leading manufacturer of sawmilling equipment, specializing in stickering lumber stackers and stick recovery systems. The combination of MoCo’s industry leading reputation and a joint dedication to customer service continues BID’s plan of worldwide growth and expansion

Alistair Cook, BID’s CEO, commented:

“The acquisition of MoCo allows us to expand our worldwide product offerings and further enhance the turnkey solutions we provide for customers in North America.”

Earlier BID Group closed an equity investment into the company.

About BID Group:

The holding is a privately-owned family of companies. It has over 30 years of experience in providing industry solutions for its customers in the wood processing industry. The company integrated BID Construction with its manufacturing companies, including Comact, PHL, Deltech, Miller and McGehee and BID has positioned itself to provide complete turnkey solutions.

Source: Woodbizforum