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Temple-Inland

Annual Report - Gaining Momentum

In one of the toughest business climates on record, with new housing starts coming to an abrupt halt, TIN had momentum with a strategy in place that allowed financial flexibility and an ability to "stay the course". The foresight of consolidation, reducing inventories, finding efficiencies, no downtime, and cutting costs actually enabled the company to increase momentum as many in the industry took 2008-2009 on the chin. This year's report reviews these measures. This "momentum" delivered in 2009 allowing TIN to lead the industry. But we'll save that story for 2009's report.