MBJ staff The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, announced Monday the purchase of approximately 192,000 acres of timberland and a timber lease in southwest Louisiana.
The timberland is a primarily southern pine plantation property that has been in production for decades. Molpus maintains offices in Bossier City, DeRidder and Monroe to oversee the management of an additional 207,000 acres in this state.
“We continue to seek opportunities to acquire high-quality timberlands in the U.S.,” stated Dick Molpus, president of Molpus. Which manages 1.88 million acres in 17 states, valued in excess of $2 billion.