22.030001 USD
0.18
0.82%
Last update Dec 15, 3:59 PM EST
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21.65000
22.090000
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Rayonier Inc.
22.03
0.18
0.82%

Overview

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Description

Rayonier Inc. is a leading timberland real estate investment trust (REIT) that manages and operates a portfolio of timberlands across the diverse landscapes of the United States and New Zealand. The primary function of Rayonier is to generate revenue from the sustainable harvesting of timber, which is a critical raw material for various industries including construction, paper manufacturing, and wood products. By owning approximately 2.7 million acres of timberland, Rayonier plays a vital role in influencing the forestry sector and supply chains dependent on wood-derived products. The company is committed to sustainable forestry practices, which not only ensures a renewable supply of timber but also supports environmental conservation. This sustainable approach helps balance economic growth with ecological responsibility, addressing both market and environmental needs. In financial markets, Rayonier is significant as it provides investors with exposure to the timber industry, combining the benefits of a stable real estate asset with potential returns from timber sales and land management. With its strategic holdings and emphasis on environmental stewardship, Rayonier Inc. stands out as a key player in the natural resources sector.

About

CEO
Mr. Mark D. McHugh J.D.
Employees
424
Address
1 Rayonier Way
Wildlight
Yulee, 32097, FL
United States
Phone
904 357 9100
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Specialty
Country
United States
MIC code
XNYS
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