Rayonier, Inc. is a real estate investment trust, which engages in investment in timberlands. The company is headquartered in Jacksonville, Florida and currently employs 285 full-time employees. The firm operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program. The company operates through three segments, which include Southern Timber, Pacific Northwest Timber, and Real Estate. The Southern Timber segment includes pulp and paper, lumber, and to a lesser extent wood pellets. The Pacific Northwest Timber segment relies primarily on domestic lumber customers, though log exports to Asia-Pacific countries. The Real Estate segment includes residential and commercial lease activity, primarily in Port Gamble, Washington. The firm's Wood Products include Southern Lumber (Southern Yellow Pine), Western Lumber (Douglas-Fir / Larch and Hem-Fir), Great Lakes Studs (Spruce Pine Fir), and Plywood (Premium Industrial Grades). Its land-based solutions include renewable energy, minerals, carbon offsets and nature.
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