Rayonier (RYN) 8-K Other events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT — February 28, 2003

COMMISSION FILE NUMBER 1-6780

RAYONIER INC.

Incorporated in the State of North Carolina

I.R.S. Employer Identification Number l3-2607329

50 North Laura Street, Jacksonville, Florida 32202

(Principal Executive Office)

Telephone Number: (904) 357-9100

RAYONIER INC.

TABLE OF CONTENTS

	PAGE
Item 5.    Other Events	1
Item 7.    Financial Statements and Exhibits	1
Signature	2
Exhibit Index	3

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ITEM 5.    OTHER EVENTS

Incorporated by reference is a press release issued by Rayonier Inc. on February 26, 2003, attached as Exhibit 99.

ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS

See Exhibit Index on Page 3.

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

RAYONIER INC. (Registrant)

BY:/s/    HANS E. VANDEN NOORT

Hans E. Vanden Noort

Vice President and

Corporate Controller

February 28, 2003

2

EXHIBIT INDEX

Exhibit No.	Description	Location
99	Press release entitled,Rayonier to Invest $25 Million in Jesup, GA, Mill Upgrades, issued February 26, 2003.	Filed herewith

3