The Molpus Woodlands Group, LLC has, on behalf of two clients, successfully purchased approximately 66,946 acres of timberland in southeast Mississippi.
These historically well-managed timberlands have been under professional management for over seventy years and provide access to broad timber markets that represent a large spectrum of pulp, paper, lumber, and panel producers located across southeast Mississippi and southwest Alabama.
Molpus plans to include these timberlands in its certification with the Sustainable Forestry Initiative® (SFI) forest management standard, which includes key measures to protect biodiversity, sustainable harvest levels, water quality, protection of at-risk species, wildlife habitat, and regeneration.
"We look forward to adding these properties in an area where we already have a strong presence with our operational headquarters in Hattiesburg, Mississippi," said Bob Lyle, President of Molpus. "In this period of uncertainty in the marketplace, we believe that sustainably managed forests continue to be a sound diversification investment with its non-correlated attributes and attractive yield component from the biological growth of the trees."
The Molpus Woodlands Group, LLC is a timberland investment management organization headquartered in Jackson, Mississippi. Molpus currently manages approximately 1.9 million acres of timberland investments in 17 states.