Rayonier's past provides a strong foundation for the future. Our predecessors were true pioneers in this industry. Since 1926, we have grown and prospered because of our skill in identifying, researching and acting on new opportunities.
2006
Rayonier purchases 228,000 acres of timberland in six states and becomes the fifth largest private timberland owner in the U.S., with 2.2 million acres in nine states. Overall we own, lease, or manage 2.6 million acres in the U.S. and New Zealand.
2005
Rayonier forms a real estate development company, TerraPointe LLC, to maximize the value of our extensive higher- and better-use properties.
2004
On January 1, Rayonier reorganizes as a Real Estate Investment Trust (REIT) focusing on three core businesses: Timber, Real Estate and Performance Fibers.
2000
Rayonier moves corporate offices from Stamford, Conn., to Jacksonville, Fla., to capture the synergies of being in the southeast U.S. where the majority of the company's employees and assets are located.
1999
The company acquires 969,000 acres of timberland in Florida, Georgia and Alabama, bringing our total ownership to 2.3 million acres in the U.S. and New Zealand.
1994
Rayonier once again becomes an independent public corporation in a spin-off from ITT Corporation and trading begins on the New York Stock Exchange under the symbol RYN.
1992
Significant international expansion occurs when Rayonier acquires 250,000 acres of timberland in New Zealand from the government.
1988
Rayonier opens a log-trading office in New Zealand.
1985
Rayonier makes a fundamental change in our timber business by selling timber to the highest bidder on a market-based auction system. Previously, like others in the industry, we had transferred timber to our manufacturing businesses at non-market based prices.
The company opens an office in Beijing, China--the second U.S. forest products company to do so.
1980
Only one year after the restoration of diplomatic relations with China, Rayonier successfully establishes a customer base there for our U.S. pulp and logs.
1978
Company headquarters moves from New York City, N.Y. to Stamford, Conn.
1974
Further expansion of the Jesup Mill makes it the largest facility of its kind in the world.
1968
Rayonier is acquired and becomes ITT Rayonier, a wholly-owned subsidiary of ITT Corporation, a major international conglomerate.
1954
The company's second southeast pulp mill opens in Jesup, Ga. The facility doubles in size within three years to meet growing demand. Our first international offices open in Europe and Asia.
1952
The company forms The Rayonier Foundation to provide contributions to civic, educational and charitable causes in local communities.
1945
Major timberland purchases begin in the northwest.
1944
Company headquarters moves from San Francisco, Calif., to New York City, N.Y.
1939
Rayonier completes the construction of our first southeast pulp mill in Fernandina Beach, Fla.
1938
Rayonier purchases our southeast U.S. timberlands.
1937
Public trading begins on the New York Stock Exchange as "Rayonier;" a name created from the union of the word rayon with Mt. Rainier, the 14,410-foot mountain visible from the first mill site. At its founding, with three mills in northwest Washington state, Rayonier already is the largest single maker of dissolving pulps in the world.
1931
Rainier research scientists team up with DuPont, the leading producer of rayon, to perfect the world's first dissolving pulp made from hemlock, designed especially for the growing rayon industry.
1926
The Rainier Pulp and Paper Company mill is constructed in Shelton, Wash., to use the area's plentiful western hemlock tree species for the production of a superior grade of bleached paper pulp.
