The Molpus Woodland Group LLC, a timberland investment management organization, headquartered in in Jackson Mississippi, announced today (6-29-22) that it has on behalf of a client, successful completed the purchase of approximately 117,773 acres of timberland in east Texas and northwest Louisiana from clients of Manulife Investment Management.
The timberland is located in eight counties in east Texas and eight parishes in northwest Louisiana. The acreage consists of well-managed, high-quality timberlands with over 75 years of commercial management. With a large inventory of quality timber, Molpus believes these properties provide an opportunity for steady and significant cash flow due to the access to broad timber markets representing a diverse spectrum of pulp, paper, lumber, and panel producers across this region. Molpus’s vertically integrated management team will be responsible for the management of the timberlands, including volume commitments under beneficial long-term supply agreements and opportunistic open market timber sales.
Molpus plans to include these timberlands in its certification with the Sustainable Forestry Initiative® 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 investment analysis and decision-making.
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