Molpus Woodlands Group has purchased the 112,238-acre holdings of The Forestland Group. A price was not disclosed. The purchase makes Molpus, of Philadelphia, Mississippi, the Adirondack Park’s largest private landowner at more than 273,000 acres. [Note: This story has been corrected to reflect that Molpus is in fact the largest private landowner – in recent years Lyme Timber Company has sold 121,000 acres and now owns 239,500].
The lands are in Lewis, St. Lawrence and Franklin counties, and include frontage on several northern-flowing rivers, including the St. Regis and the Grasse. Prior to The Forestland Group, the lands were owned by Champion International. Molpus had owned only 30,000 acres (near Saranac Lake) until its January 2014 purchase of nearly 131,000 acres in St. Lawrence, Clinton, Franklin and Lewis counties from Rayonier Forest Resources. » Continue Reading.