Rayonier is a leading international forest products company structured as a Real Estate Investment Trust (REIT) with three core businesses: Timber, Real Estate and Performance Fibers. It owns, leases or manages 2.6 million acres of timber and land in the U.S. and New Zealand. The company's holdings include approximately 200,000 acres with residential and commercial development potential along the fast-growing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida. Its Performance Fibers business is the world's leading producer of high-value specialty cellulose fibers. Approximately 40 percent of the company's sales are outside the U.S. to customers in more than 40 countries.
As a REIT, Rayonier creates value for shareholders through solid cash flows that fund a substantial dividend, and through the increasing value of our core businesses Forest Resources, Real Estate and Performance Fibers.
Much of our value resides in our 2.6 million acres of timberland a renewable resource that generates cash flow and historically has appreciated faster than inflation. Our knowledge of land and how to maximize its return carries over to our Real Estate business, as demographics and population growth increase property values above those of timberland.
Over 80 years of expertise in advanced cellulosic chemistry and decades-long customer relationships are the basis of Performance Fiber's leadership in cellulose specialties products, used in customized applications such as filtration, food, pharmaceuticals and LCD screens.
