Home » NEWS » Agribusiness » Molpus Group buys 192,000 Louisiana acres

Molpus Group buys 192,000 Louisiana acres

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.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply