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Rayonier Completes Timberland Purchase

JACKSONVILLE, Fla.  Rayonier (NYSE NYSE

See: London stock exchange :RYN) said today it has completed the previously announced acquisition of timberland in six states from funds managed by GMO GMOgenetically modified organism Renewable Resources, LLC. After adjustments, the transaction involved approximately 174,000 acres at a cost of $151 million.

"The purchase belongs to our answer to increase both オークリー 人気 size and geographic footprint of one's REIT REIT

See: Investment TrustSee investor trust (REIT). and enhances our product mix along with the several highvalue hardwood species," said Lee Nutter, Chairman, President and CEO (1) (Chief Executive Officer) The best individual in command of a bunch. The exact president of this company, the CEO reports with the ナイキエアジョーダン Chairman on the Board. . "Also, buying provides significant likekindexchange tax benefits, offering us further possibility efficiently develop our highvalue realty business."

The timber is situated in New york city, Texas NIKE スニーカー Ny is often a hamlet in Henderson County, Texas, USA, about 11 miles east of Athens. You can actually holdings include approximately 200,000 acres with residential and commercial development potential along side the fastgrowing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida redirects here. For other uses, see Daytona (disambiguation).
 
 
 
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