Rayonier Will Stay Rayonier
Rayonier will maintain the Rayonier name after a thorough review of alternatives following its recent merger of equals with PotlatchDeltic, while also introducing a new corporate logo that reflects a fresh brand identity for the combined company.
“In a spirit of collaboration following our transformative merger of equals, we considered numerous alternatives for a new company name,” says Mark McHugh, President & CEO. “We also considered the rich history, considerable brand equity, and established market presence of both the legacy Rayonier and PotlatchDeltic corporate brands. Ultimately, the new Board of Directors and senior leadership team of the combined company agreed that the new organization would be best served by retaining the name ‘Rayonier,’ while also introducing a refreshed corporate logo that reflects the beginning of a new era as a combined company. This approach will allow us to honor our proud history and leverage our strong brand equity among stakeholders, while also mitigating the cost, complexity and potential risk of confusion in adopting an entirely new corporate identity.”
Rayonier owns nearly 4.2 million acres of forests across 11 U.S. states, with a strong presence in the U.S. South and Northwest, and operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program.
Latest News
Canada Gives $642 Million To Firms Hit By U.S. Softwood Lumber Tax
The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports. In April, Washington…
Idaho Industry Teams Up With Colleges To Fill Sawmill Jobs
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Idaho’s sawmills once relied on the brute strength of their workers to turn logs into lumber. Now, they need more employees like Jeremy Lozano-Keays. The 30-year-old electrical technician is part of…
Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share,…
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.