Rayonier Inc is a real estate investment trust that owns and manages approximately 2.7 million acres of timberlands in the U.S. South and Pacific Northwest, as well as in New Zealand. The company operates through multiple business segments including timber harvesting and sales, real estate development and sales of higher-value properties, and forest management services. Rayonier generates revenue by selling timber to manufacturers of lumber, paper, and other wood products while also developing rural and residential real estate projects on select portions of its land holdings.

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