▁ ▁The ▁ 2 0 0 6 ▁purchase ▁of ▁ ▁in ▁six ▁states ▁brought ▁the ▁company ' s ▁total ▁of ▁land ▁owned , ▁le ased ▁or ▁managed ▁to ▁ ▁in ▁the ▁U . S . ▁and ▁New ▁Zealand . ▁ ▁In ▁March ▁ 2 0 0 8 , ▁the ▁company ▁purchased ▁ ▁for ▁$ 2 1 5 ▁million ▁in ▁south west ▁Washington ▁state ▁from ▁Sierra ▁Pacific ▁▁ ▁In ▁March ▁ 2 0 1 3 , ▁the ▁company ▁sold ▁its ▁wood ▁products ▁division , ▁including ▁its ▁mill s ▁in ▁B ax ley , ▁Sw ains bor o , ▁and ▁E at ont on , ▁Georgia , ▁to ▁British ▁Columbia - based ▁International ▁Forest ▁Product s ▁( Inter for ) ▁for ▁$ 8 0 ▁million . ▁ ▁In ▁April ▁ 2 0 1 3 , ▁the ▁company ▁increased ▁its ▁share hold ing ▁in ▁the ▁joint ▁vent ure ▁'' Mat ar iki ▁Forest ry ▁Group ▁in ▁New ▁Zealand ▁from ▁ 2 6 % ▁to ▁ 6 5 % ▁for ▁$ 1 4 0 ▁million . ▁ ▁In ▁May ▁ 2 0 1 4 , ▁Ray on ier ▁named ▁David ▁L . ▁N unes ▁as ▁post - separ ation ▁president ▁and ▁CE O ▁for ▁Ray on ier . ▁ ▁A ▁class ▁action ▁against ▁members ▁of ▁the ▁former ▁management ▁team ▁by ▁certain ▁share hold ers ▁was ▁launched ▁for ▁the ▁period ▁from ▁October ▁ 2 6 , ▁ 2 0 1 0 , ▁to ▁November ▁ 7 , ▁ 2 0 1 4 , ▁claim ing ▁over - har