Rayonier, Inc. is a real estate investment trust, which engages in investment in timberlands. The company is headquartered in Jacksonville, Florida and currently employs 424 full-time employees. The Company’s segments include Southern Timber, Pacific Northwest Timber, Real Estate, and Trading. The Southern Timber and Pacific Northwest Timber segments include all activities related to the harvesting of timber and other value-added activities, such as the licensing of properties for hunting, the leasing of properties for mineral extraction and cell towers and land-based solutions. The Real Estate segment includes all land sales disaggregated into six sales categories: improved development, unimproved development, rural, timberland & non-strategic, conservation easements and large dispositions. The company also includes residential and commercial lease activity, primarily in the town of Port Gamble, Washington. The Trading segment reflects log trading activities conducted in the United States South and Pacific Northwest.
