The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization (TIMO), headquartered in Jackson, Mississippi, has announced today, on behalf of its clients, the successful purchase of approximately 36,283 acres in Virginia.

Located in twenty-three counties surrounding the Richmond, Virginia, area, the primarily southern pine planation property has been in timber production for decades and is located in a stable timber market and a growing bioenergy market area.  The property offers unique recreational opportunities due to its proximity to major metropolitan areas such as Richmond and Fredericksburg, Virginia, and Washington, D.C. 

“Molpus is pleased to expand its existing operations in Virginia, where we have strong existing relationships with major timber customers,” said Ken Sewell, Chief Operating Officer of Molpus Timberlands Management. “We will continue to intensively manage these productive pine plantations and look to expand existing recreational activities.” 

Molpus currently has 1,600,000 acres under management, valued in excess of $1.5 billion.

The Molpus Woodlands Group, LLC, a Registered Investment Advisor, was founded in 1996 as a Timber Investment Management Organization (TIMO) and has a company legacy dating to 1905. With its sister operating company, Molpus Timberlands Management, LLC (collectively, Molpus), Molpus is one of the oldest timber-related companies in the nation, with experience in all facets of timber management, manufacturing, and marketing. Molpus is one of the few TIMOs that have all of their core businesses and forestry functions handled or supervised by in-house experts.

Molpus acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high-net-worth individual investors. The company focuses on ensuring long-term optimal cash returns on investments while practicing responsible forest stewardship. Molpus currently manages approximately 1.55 million acres of timberland investments located in seventeen states.

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.