Rayonier Inc.
Rayonier Inc. is a leading timberland Real Estate Investment Trust (REIT) primarily engaged in sustainable forest management, land management, and real estate services. The company's mission is to provide industry-leading financial returns to its shareholders while acting as a responsible steward of the environment and a beneficial partner to the communities in which it operates. Rayonier's headquarters are currently located in Wildlight, Florida, with plans to relocate to Atlanta, Georgia.
Rayonier's core business segments include timber, real estate, wood products, and land-based solutions. The company manages approximately 4.2 million acres of timberlands across the United States, focusing on softwood and hardwood timber for construction, paper production, and packaging. Its real estate operations involve rural land sales, development properties, and conservation easements, optimizing land value for higher and better use. Additionally, Rayonier operates six sawmills and an industrial-grade plywood mill, producing lumber and plywood products. The company also explores land-based solutions such as carbon capture and solar energy, and offers complementary land uses like recreation and hunting.
In a significant development, Rayonier Inc. completed a merger of equals with PotlatchDeltic on January 30, 2026, creating a combined entity that owns over four million acres of U.S. timberland. Following the merger, the company retained the Rayonier name and its NYSE ticker symbol RYN, while introducing a new corporate logo. Mark McHugh serves as the President and Chief Executive Officer, having assumed the role effective April 1, 2024. Rayonier is positioned as one of the largest timber REITs, emphasizing sustainable forestry practices and strategic land management to drive value for its stakeholders.
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