The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of two clients, successfully purchased approximately 66,946 acres of timberland in southeast Mississippi.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200402005121/en/
Molpus Woodlands Group Purchases 66,946 Acres in Southeast Mississippi (Photo: Business Wire)
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.
Molpus’s forest certification program is a key element of its commitment to incorporating environmental, social, and governance (ESG) policies and practices into its investment analysis and decision-making. Molpus knows that today’s investors are making the connection between adhering to ESG policies and practices, creating value, and reducing risk.
"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 (Molpus), acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. Molpus currently manages approximately 1.9 million acres of timberland investments in 17 states. Molpus incorporates environmental, social, and governance (ESG) policies and practices into investment analysis and decision-making. Molpus believes its strong ESG performance has positive implications for the environment and the future of Molpus. Molpus was founded in 1996 as a timber investment management organization (TIMO) and has a company legacy dating back to 1905. Molpus is one of the oldest timber- related companies in the United States.
For more information, visit http://www.molpus.com/. Nothing herein constitutes an offer to sell or a solicitation of an offer to subscribe for or buy any security with respect to any fund. In considering the performance of investments referred to in these materials, prospective timberland investors should keep in mind that prior performance of Molpus investments is not indicative of future results, and there can be no assurance that Molpus will achieve comparable results in the future.
Molpus Woodlands Group
Michael R. Cooper, Senior Director Client Relations & Business Development