Rayonier Inc. operates in the Real estate investment trusts sector. Rayonier Inc. (Rayonier) is a real estate investment trust. Rayonier is an international forest products company primarily engaged in activities associated with timberland management, the sale and entitlement of real estate, and the production and sale of specialty cellulose fibers and fluff pulp. It owns, leases or manages approximately 2.4 million acres of timberland and real estate located in the United States and New Zealand. It owns and operates two specialty cellulose mills in the United States. In addition, it manufactures lumber in three sawmills in Georgia and engages in the trading of logs. Its principal businesses are conducted through two entities: Rayonier Forest Resources, L.P. and Rayonier TRS Holdings Inc. In July 2010, it completed a reorganization of its operating structure by forming an operating entity, Rayonier Operating Company LLC. In November 2011, it acquired approximately 250,000 acres of timberlands from Joshua Timberlands LLC and Oklahoma Timber, LLC. In
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