Company type | Public |
---|---|
NYSE: RYN S&P 400 Component | |
Industry | Timber |
Founded | 1926 |
Headquarters | 1 Rayonier Way Wildlight, Florida 32097 |
Key people | Dod A. Fraser – Chairman, David L. Nunes – President and CEO, Mark McHugh – SVP and Chief Financial Officer[1] |
Products | Timber, real estate |
Revenue | US$909 million (2022)[2] |
US$107 million (2022)[2] | |
Number of employees | 419 (322 in US)[2] |
Website | rayonier |
Footnotes / references [1][3] |
Rayonier Inc, headquartered in Wildlight, Florida, is a timberland real estate investment trust ("REIT") with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.
As of December 31, 2022, the company owned or leased approximately 2.8 million acres of timberlands overall, located in the U.S. South (1.92 million acres) and U.S. Pacific Northwest (474,000 acres). The company also has a 77% ownership interest in Matariki Forestry Group, a joint venture, that owns or leases approximately 417,000 acres of timberlands in New Zealand.[2]