Molpus Purchases 173,000 Acres in the Southeast

The Molpus Woodlands Group, LLC has purchased (on behalf of its clients, who are unnamed) approximately 173,000 acres of timberland in Alabama, Louisiana and Mississippi.

Molpus says the properties consist of well-managed, high quality timberlands, and it "believes these timberlands present a desirable investment opportunity because they are strategically located in areas with diverse and numerous pulpwood, plywood, and dimensional lumber facilities, strong mill proximity and growth potential." 

Molpus also says the timberlands present diversified income opportunities, including the possibility of solar projects, carbon capture and storage initiatives, recreation activities, and pine straw harvesting.

Molpus says it will oversee the management of these timberlands, including daily operations like planning sustainable harvests, reforesting and nurturing young stands, along with longer-term initiatives. Molpus says it plans to include these timberlands in its certification with the Sustainable Forestry Initiative forest management standard, which includes key measures to protect biodiversity, sustainable harvest levels, water quality, protection of at-risk species, wildlife habitat, and regeneration.

“As a long-time manager in Alabama, Louisiana, and Mississippi, we are excited to add these forests to regions where we already have a strong presence,” said Terrell Winstead, President and CEO of Molpus. “It is our view that these properties provide our clients with positive exposure to areas with established histories of sustainable timber production as well as numerous impact and value add opportunities.”

Founded in 1905, Molpus currently manages over 1.8 million acres of timberland investments in 15 states.