About this deal
Rayonier opened international sales offices in Europe and Asia during 1954. That same year, another pulp mill in the southeast was constructed at Jesup, Georgia. High demand prompted the facility to double its capacity by 1957. [ citation needed] 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. Scanlan, Dan. "Nassau's county attorney resigns after State Attorney's Office findings that he 'committed criminal acts' ". The Florida Times-Union . Retrieved September 24, 2023.
Cole, Robert J. (September 15, 1981). "I.T.T. HOLDS RAYONIE SALES TALKS". The New York Times. ISSN 0362-4331 . Retrieved September 24, 2023. Rayonier Names David Nunes Post-Separation CEO for Rayonier" (PDF). Rayonier. May 12, 2014 . Retrieved May 21, 2014.A log-trading office was opened in New Zealand during 1988. The New Zealand government sold Rayonier 250,000 acres (1,000km 2) of timberland in 1992. [ citation needed] Godwin, Brent. "Rayonier beginning work on 15,000 acres for second phase of Wildlight". www.bizjournals.com . Retrieved September 24, 2023. A class action against members of the former management team by certain shareholders was launched for the period from October 26, 2010, to November 7, 2014, claiming over-harvesting while communicating publicly harvesting below a sustainable rate. [14]
Rayonier Upgrades Pacific Northwest Timberland Portfolio Through Acquisition of 61,000 acres and Disposition of 55,000 acres". Rayonier. May 2, 2016 . Retrieved November 10, 2018. Metha, Guatama. "Georgia pulp mill accused of polluting Altamaha River. How is the state responding?". Macon.com.
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In August 2017, Rayonier consolidated its corporate headquarters, real estate, and forest resources offices into a newly constructed, state-of-the-art building in Wildlight, Florida. [20] The company is currently constructing a 23,600 acre development in Wildlight. [21] It began work on phase two of the project in 2022, developing 15,000 acres of land. [22]