Rayonier

-6.75%

1. Timber and Forest Products
Rayonier is primarily a timberland real estate investment trust (REIT), and as such, its most prominent product is timber and forest products. The company owns and manages over 2.7 million acres of timberland in the United States and New Zealand. It primarily grows pine and hardwood timber for the production of lumber, paper, and other wood products.
2. Real Estate
In addition to its timberland operations, Rayonier also engages in real estate development and sales. The company owns and develops prime properties for commercial, residential, and industrial use. It also sells rural and recreational land to individual buyers and manages commercial leasing activities.
3. Fibers
Rayonier's fibers segment produces specialty fibers used in the manufacture of products such as cigarette filters, food casings, and other industrial applications. The company has two manufacturing facilities in Jesup, Georgia, and Temiscaming, Quebec.
4. Land Resources
Rayonier's Land Resources segment focuses on leasing and managing its rural and timberland properties for hunting, fishing, and other recreational activities. The company also leases subsurface rights for oil and gas exploration on its land.
5. Carbon Credits
Rayonier is involved in the sale and management of carbon credits through its subsidiary, Rayonier Climate Solutions. The company owns nearly 200,000 acres of forestland that is certified under sustainable forestry programs, allowing it to generate carbon credits from carbon sequestration.
6. Bioenergy Development
As part of its sustainability efforts, Rayonier is actively involved in the development of renewable bioenergy projects. The company produces renewable energy from biomass and has partnerships with universities and government agencies to research and develop new bioenergy technologies.
7. Conservation and Land Management Services
Rayonier offers conservation and land management services to third-party clients, including private landowners, local governments, and conservation organizations. These services include timber harvest planning, recreational leasing, and wildlife and habitat management.
8. Consulting and Advisory Services
Rayonier's subsidiary, TerraPointe LLC, provides consulting and advisory services to private clients and government agencies on land purchases, sales, and conservation easements. The company has a team of real estate, forestry, and environmental experts who assist clients with land transactions and land management strategies.