Buck Horne
Raymond James & Associates, Inc., Analysis Division
(indiscernible) session. That is the Rayonier presentation. My identify is Buck Horne. I am the Raymond James Housing, Timber and Residential analyst. Actually thrilled to have the ability to carry again Rayonier. I believe it is a very well timed thought. Actually, we have added it to our analyst present favorites record. It is some of the compelling worth tales that I’ve bought on my complete protection record proper now publish the completion of the PotlatchDeltic merger. We have Wayne Wasechek, the brand new CFO of Rayonier, the previous CFO of Potlatch right here; Mark McHugh, the CEO, to my left as nicely; Collin Mings, who’s an amazing good friend of the agency as nicely.
So completely happy to run by means of the story right here, all of the totally different information gadgets from the merger in addition to I simply wish to spotlight for you the valuation of this story specifically. It’s the second largest landholder in the USA, over 4.1 million acres in addition to a high 10 U.S. lumber producer, which you get completely free of charge. And mainly, when you simply worth the land holdings alone, it’s lower than, I believe, $1,900 an acre for a number of the most prime U.S. forestry within the continent.
So with that, I’ll hand it over to Mark, and we’ll run by means of the story.
Mark McHugh
President, CEO & Director
All proper. Thanks, Buck, and thanks, everyone, for becoming a member of us at the moment. I’ll give a short intro on Rayonier referencing just a few slides from the investor presentation that we posted to our web site earlier