What is the history of Rayonier?

Written by Editorial Team | Last Updated: August 2026

Rayonier Inc. traces its corporate origins back to 1926 when the Rainier Pulp and Paper Company was founded in Shelton, Washington, pioneering the production of specialized dissolving wood cellulose used in rayon manufacturing. During the mid-20th century, the enterprise expanded its timberland ownership and manufacturing facilities across the Pacific Northwest and the American Southeast, eventually adopting the Rayonier name. In 1994, Rayonier underwent a strategic structural conversion to become a publicly traded real estate investment trust focused on timberland ownership. Today, Rayonier manages vast, highly productive timberland portfolios across the United States and New Zealand while supplying high-quality timber and cellulose fibers.

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Rayonier is widely recognized as a well-managed timberland real estate investment trust that sustainably owns, leases, and manages millions of acres of high-quality softwood forests across the United States and New Zealand.

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Rayonier Inc. (NYSE: RYN) trades at $21.54 per share, reflecting a market capitalization of approximately $6.48 billion.