Mark McHugh | Rayonier, Inc. |
David L. Nunes | Rayonier, Inc. |
Douglas M. Long | Rayonier, Inc. |
Christopher T. Corr | Rayonier, Inc. |
Ketan Mamtora | BMO Capital Markets (United States) |
Mark Weintraub | The Buckingham Research Group, Inc. |
Collin P. Mings | Raymond James & Associates, Inc. |
John P. Babcock | Bank of America Merrill Lynch |
Steven Pierre Chercover | D.A. Davidson & Co. |
Charan Sanghera | RBC Dominion Securities, Inc. |
Welcome and thank you for joining Rayonier's Fourth Quarter 2017 Teleconference Call. At this time, all participants are in a listen-only mode. This conference is being recorded.
If you have any objections, you may disconnect at this time.
Now, I will turn the meeting over to Mr.