Temple-Inland

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Temple-Inland's Building-Products Div. Sold to Georgia-Pacific

Georgia Pacific will buy the building-products division of International Paper's Temple-Inland as IP pursues the packaging business. Read more

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International Paper Completes Acquisition of Temple-Inland

International Paper Co. (IP) completed its acquisition of Temple-Inland after receiving clearance from the federal Justice Department. As part of the clearance agreement, IP promised to divest two Temple-Inland facilities and one of its own plants. IP will also pay $32 per share of Temple-Inland stock and take on approximately $700 million of the company's debt. Read more

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Consent Decree Clears Path for International Paper to Buy Temple-Inland

International Paper Co. won the federal Justice Department's clearance to acquire Temple-Inland Inc. after promising to divest two Temple-Inland faciities and an IP plant. Read more

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Temple-Inland's Net Income Nosedives 95% During 3Q

Temple-Inland's net income plummeted 95% during the third quarter, compared with the same period last year, to $6 million, despite a 1% rise in net sales to $974 million, the corrugated packaging and building material manufacturer reported. Read more

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International Paper To Buy Temple-Inland

International Paper Co. concluded four months of wooing when it announced it will acquire Temple-Inland Inc. for $32 per share plus assumption of Temple-Inland's $600 million debt--a deal valued at roughly $4.3 billion. Read more

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International Paper Makes Tender Offer to Acquire Temple-Inland

International Paper Co. commenced a fully financed tender offer to acquire all outstanding Temple-Inland shares as part of a $3.3 billion takeover attempt of the corrugated packaging and building material manufacturer. Read more

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Temple-Inland Increases Operating Income During 1Q

Temple-Inland increased its overall operating income by almost 150% during the first quarter, despite a $6 million operating loss in the company's building products segment the company announced. The company was carried by a $98 million operating income in its corrugated packaging segment. Read more

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Temple-Inland's Building Products Posts Improved 4Q Op. Loss

Temple-Inland's building products segment posted a $15 million operating loss during the fourth quarter of 2010, the company announced. The loss is an improvement from the $18 million operating loss the segment posted during the same period last year. Read more

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2Q Earnings Roundup: Brief Sunshine Before More Clouds

Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. Read more

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Temple-Inland Building Products Unit Swings to 2Q Profit

Powered by a 32% jump in revenues to $190 million, Temple-Inland Inc.'s building products segment swung to a $15 million operating profit in the second quarter from a year-earlier $3 million loss, Read more

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