Two US lumber giants are merging and bringing their new corporate headquarters to Atlanta. Bloomberg reports the $3.4 billion deal between Rayonier Inc. and PotlatchDeltic will create one of the largest publicly traded timber and wood products companies in North America.
Word of the deal comes on the same day as new tariffs on imported lumber take effect.
It’s not clear yet how many jobs the deal might create in Atlanta or exactly where the corporate headquarters will be located…