November 28, 2014

Economic yearbook 2011

Florida's Biggest Private Landowners

The 10 — which own about a tenth of the state — will play a key role in Florida's future.

Cynthia Barnett | 4/1/2011

4 Rayonier Timber

Rayonier Timber
[Photo: Will Dickey]

Publicly held diversified real estate investment trust (NYSE-RYN)
Florida acres: 401,000
Headquarters: Jacksonville

In addition to growing trees for pulp and lumber, Rayonier manufactures "performance fibers" from cellulose that are used around the world in products from LCD screens and pharmaceuticals to disposable diapers. In 2010, the company earned $214 million on performance fibers, $53 million on real estate and $33 million on timber.

President and CEO Lee Thomas says the company's long-term plans in Florida are to focus on growing trees and manufacturing performance fibers. But Rayonier will sell land through real estate subsidiary TerraPointe when values for residential and commercial development outweigh those for timber. Its holdings include 200,000 acres with high-value potential along the coastal Interstate 95 corridor between Savannah, Ga., and Daytona Beach.

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

What your doctor won’t disclose
What your doctor won’t disclose

Wouldn’t you want to know if your doctor was a paid spokesman for a drug company? Or held personal beliefs incompatible with the treatment you want? Right now, in the US at least, your doctor simply doesn’t have to tell you about that. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

What's your favorite thing about the Thanksgiving break?

  • Spending time with family & friends
  • Shopping & deals
  • Eating!!
  • Watching sports
  • What break? I'm busy working!

See Results

Ballot Box
Subscribe