From the time of the Ford Model T and the invention of the airplane to the age of GIS software and satellite imagery, Molpus has proven that its legacy of more than a century of timber-related experience and knowledge is beneficial to its timberland investors. When this experience and knowledge base is coupled with Molpus' unique commitment to its client performance, a timberland investor will see that Molpus' legacy will make for a strong, trustworthy investment partner for your timberland investments.
Molpus' Legacy in the Timber Business
1905 Two young mercantile clerks from Meridian, Miss., formed a partnership that would have an influence on the lives of residents throughout the mid-South for generations to come. Richard H. Molpus and M. H. Henderson formed Henderson-Molpus Mercantile Store, the predecessor to Molpus Lumber Company. Under the leadership of Richard Henderson Molpus, the son of the original founder, Molpus Lumber Company continued its growth and eventually became the 10th largest independently owned lumber manufacturer in the United States.
1911 The company filled a void in the trade area by opening a small lumberyard consisting of a dry kiln and planer mill. This proved to be a very successful enterprise as a year-end inventory revealed 11 million feet of lumber on the yard.
1940 By this time, the company had its first sawmill and soon contracted with the U.S. government to construct utility boxes.
1969 After years of growth in the lumber industry, Molpus Hardwood Company was formed to best utilize the existing timber mix.
1974 The company opened a facility in Morton, Miss., which became one of the nation's largest and most technologically advanced sawmills.
1984 As timber resources grew, the focus of the company moved away from lumber production. With the sale of its Philadelphia, Miss., mill to Louisiana-Pacific, The Molpus Company ended an era of mill operation. However, the company continued its forest products legacy, merchandising timber throughout the mid-South in order to achieve the products' highest and best use.
1996 Molpus Woodlands Group (MWG) was established as a timberland investment management organization with its executive office in Jackson, Miss.
1999 Molpus Timberlands Management, LLC (MTM) was created as the timberland management arm of The Molpus Woodlands Group, LLC and serves the timber management needs of MWG's clients' large holdings in Alabama, Arkansas, Florida, Georgia, Idaho, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, New York, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia and Washington. The operational headquarters is in Hattiesburg, Miss., and 13 forestry offices are located in Bay Minette and Birmingham, Ala.; El Dorado and Hope, Ark.; Coeur d'Alene, Idaho; Bossier City, DeRidder and Monroe, La.; Houghton and L'Anse, Mich.; International Falls, Minn.; Saranac Lake, N.Y.; and Clinton, Tenn. The administrative office is located in Philadelphia, Miss.
2005 Molpus celebrates 100 years of sound stewardship and investment, becoming the only TIMO with a century of experience. With this accrued wisdom and keen foresight, Molpus is prepared to flourish for the next century.
2015 As part of the continuing Molpus legacy, and to create an additional century of continuity, Molpus Woodlands Group develops a transition plan that allows key executives at the firm to acquire a significant stake in the company. Over time, majority control will shift to these employees.
2017 Bob Lyle becomes President of The Molpus Woodlands Group, LLC, as Dick Molpus transitions to the role of chairman. Mr. Lyle has been an integral part of the team since 1996, serving as it Executive Vice President. Mr. Molpus remains involved in the management and operations of the business. MWG has purchased, on behalf of clients, more than 3.8 million acres and is currently managing approximately 2.1 million acres valued at over $2.5 billion.