AUSTIN, TX - Temple-Inland Inc. reported net income for full year 2009 of $206 million compared with a net loss of $8 million in 2008.
Doyle R. Simons, chairman and CEO of Temple-Inland, said, “We delivered strong operating results and cash flow in 2009 despite tough economic conditions. Cash from operations was $640 million. We reduced debt by $482 million for the year."
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