Tuesday, January 8, 2008

Molpus Acquires 195,000 Acres

"The Molpus Woodlands Group, LLC (MWG), a timberland investment management organization, headquartered in Jackson, Mississippi has announced the successful purchase of 195,000 acres of timberland. The acreage is located in five states as follows: New York, Pennsylvania, Kentucky, Tennessee and Alabama. This acquisition increases the company's total acreage under management to 665,675. "

" These purchases mark the first acquisitions outside the southern United States for MWG. This acreage will be managed as a long-term timber investment on behalf of an institutional investor."

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