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
Mississippi’s Biewer Lumber Announces $40 Million Expansion
Business is good for Biewer Lumber. So good the company announced it will expand their sawmill in Newton and ramp up production by 100-million board feet per year. The expansion means forty-five new jobs will be added to operations at the facility. The development...
Canfor To Acquire South Carolina’s Elliott Sawmilling Co.
Canadian wood product leader Canfor Corp. has purchased South Carolina-based Elliott Sawmilling Co. for $110 million. The purchase price represents a 4.3 times earnings before interest, tax, depreciation, and amortization (EBITDA) multiple based on Elliott's twelve...
Have A Question?
Send Us A Message