From El Heraldo, Tegucigalpa, Honduras, 23 de Abril del 2026, Translated from the original:
Word has been received of the sale of the largest Teak plantation in Honduras to a consortium of Chinese businessmen. The sale price was not disclosed, but is estimated to be nearly one billion Lempira ($55M).
The plantation has been owned by American mogul Bernard Weisphapl for the past nine years. Mr. Weisphapl has been involved in larger and larger timber ventures since about 2005. When asked if the sale of the crown jewel of his international timber business means he will be retiring, Mr. Weisphapl replied "Well, that was my plan since I am nearing 93 years of age, but then I heard about a sawmill for sale on a creek, and that sure looks interesting to me."