The Molpus Woodlands Group, a timberland investment management organization headquartered in Jackson, Miss., has, on behalf of two clients, purchased approximately 86,605 acres of timberland in east Texas.
Located in five counties in east Texas and comprising properties with more than 75 years of management, these timberlands provide exposure to broad timber markets that represent the diverse spectrum of pulp, paper, lumber, and panel producers across east Texas. 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. ESG values inform everything Molpus does in the forest and throughout its company. Molpus also recognizes the critical importance of land-based solutions and healthy forests in climate change mitigation and carbon sequestration.
“We are pleased to further increase our presence in east Texas, a region where we have a long history of successfully managing timberland properties in a sustainable manner,” said Bob Lyle, president of Molpus. “Private working forests, such as these, are an important part of the economic infrastructure of east Texas, and they provide vital environmental benefits like clean air and water. They produce renewable, recyclable and reusable wood and paper products, provide quality recreational experiences, and supply a growing resource for renewable energy.”
The Molpus Woodlands Group 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 1.8 million acres of timberland investments in 17 states.
