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Mississippi firm adds to timberland

Jeff Selle Hagadone News Network | Hagadone News Network | UPDATED 9 years, 4 months AGO
by Jeff Selle Hagadone News Network
| January 14, 2016 6:00 AM

COEUR d’ALENE — A timber management group from Mississippi has purchased nearly 27,000 acres of timberland from a single seller in North Idaho and eastern Washington.

Michael R. Cooper, a spokesman for Molpus Woodlands Group, said the property is located in six of Idaho’s northernmost counties and three counties in northeastern Washington.

“One seller owned the land,” Cooper said, adding he could not disclose the name of the seller or the price that was paid. “It was a reputable company.”

The Molpus Woodlands Group is a timberland investment management organization headquartered in Jackson, Miss. The company said it purchased approximately 26,786 acres of timberland.

For the rest of the story, see the print edition of the Bonner County Daily Bee or subscribe to our e-edition.

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