Mississippi firm adds to timberland

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.

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