Daily Stock Analysis, RYN, Rayonier Inc, priceseries

Rayonier, Inc. is a real estate investment trust, which engages in investment in timberlands. It operates through the following segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate, and Trading. The Southern Timber segment manages plantations of predominantly loblolly and slash pine in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Oklahoma, Tennessee and Texas. The Pacific Northwest Timber segment consists of timberlands primarily comprises second and third rotation western hemlock and Douglas-fir, as well as a small amount of other softwood species, such as western red cedar in Oregon and Washington. The New Zealand Timber segment operates through the Matariki Forest Group. The Real Estate segment reflects all U.S. land sales, which are reported in five sales categories: improved development, unimproved development, rural, non-strategic and timberlands, and large dispositions. The Trading segment, through the New Zealand JV, comprises of log trading activities in New Zealand and Australia. The company was founded in 1926 and is headquartered in Jacksonville, FL.

Rayonier Inc. operates as an investment arm of Rayonier TRS Operating Company. Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company operates in four segments: Timber, Real Estate, Performance Fibers, and Wood Products. Timber segment owns, leases, or manages timberlands and sells standing timber at auction to third parties, as well as sells delivered logs. Real Estate segment sells medium and large tracts of land with infrastructure. This segment holds development and rural properties primarily in the southeast United States. Performance Fibers segment manufactures cellulose specialties that are used principally in acetate textile fibers, cigarette filters, rigid packaging, LCD screens, photographic film, impact-resistant plastics, high-tenacity rayon yarn, pharmaceuticals, cosmetics, detergents, food casings, and food products; and absorbent materials that are used in disposable baby diapers, feminine hygiene products, incontinence pads, convalescent bed pads, industrial towels and wipes, and nonwoven fabrics. Wood Products segment primarily manufactures and sells dimension lumber used for residential and industrial construction applications. In addition, Rayonier involves in trading and exporting logs, lumber, and wood panel products. As of December 31, 2005, it owned, leased, or managed approximately 2.5 million acres of timberland and real estate. The company has a joint venture with RREEF Infrastructure to own and manage timber lands in New Zealand. Rayonier has elected to be treated as a real estate investment trust (REIT) for federal income tax purposes and would not be subject to federal income tax on its REIT income that it distributes to its shareholders. The company, formerly known as Rainier Pulp & Paper Company, was founded in 1926. Rayonier is headquartered in Jacksonville, Florida.