-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V6fKGrEupmVztHaG/UsDcWF/Cc+bwqkgmtMNSEmf9jMP9Tin5G/QGcFHOzwz0C07 JFWV2PUGI6/OwwdLU+4sEA== 0000731939-03-000006.txt : 20030415 0000731939-03-000006.hdr.sgml : 20030415 20030415110116 ACCESSION NUMBER: 0000731939-03-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030415 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLE INLAND INC CENTRAL INDEX KEY: 0000731939 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD MILLS [2631] IRS NUMBER: 751903917 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08634 FILM NUMBER: 03649692 BUSINESS ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: 5124348000 MAIL ADDRESS: STREET 1: 1300 MOPAC EXPRESSWAY SOUTH CITY: AUSTIN STATE: TX ZIP: 78746 8-K 1 tin8k04152003.txt 8-K ON MT. JEWETT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 _________________ Date of Report: April 15, 2003 (Date of earliest event reported) TEMPLE-INLAND INC. (Exact Name of Registrant as Specified in its Charter) Delaware 001-08634 75-1903917 (State or Other (Commission (IRS Employer Jurisdiction File Number) Identification No.) of Incorporation) 1300 South MoPac Expressway, Austin, Texas 78746 (Address of Principal Executive Offices) (512) 434-5800 (Registrant's telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) 2 Item 7. Exhibits. (c) Exhibits. 99.1 Press release issued by the Company on April 15, 2003, announcing an indefinite shut down of its Mt. Jewett, Pennsylvania, particleboard plant. Item 9. Regulation FD Disclosure. On April 15, 2003, the Company issued a press release announcing an indefinite shut down of its Mt. Jewett, Pennsylvania, particleboard plant. A copy of the press release is furnished as exhibit 99.1 of this report. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TEMPLE-INLAND INC. Date: April 15, 2003 By: /s/ M. Richard Warner --------------------------- Name: M. Richard Warner Title: Vice President and Chief Administrative Officer 3 EXHIBIT INDEX Exhibit Description Page - ------- ------------ ---- 99.1 Press release issued by the Company on April 4 15, 2003, announcing an indefinite shut down of its Mt. Jewett, Pennsylvania, particleboard plant. EX-99 3 tin8k04152003x99.txt PRESS RELEASE ON MT. JEWETT [TEMPLE-INLAND INC. LOGO] NEWS RELEASE-------------------------------------------- FOR IMMEDIATE RELEASE CONTACT: DOYLE R. SIMONS (512) 434-3737 TEMPLE-INLAND INC. TO INDEFINITELY SHUTDOWN MOUNT JEWETT PARTICLEBOARD PLANT AUSTIN, TEXAS, APRIL 15, 2003 -- Temple-Inland Inc. today announced the indefinite shutdown of its Mount Jewett, PA particleboard plant. The company temporarily curtailed production at this plant in March and has now made the decision to indefinitely shutdown the plant due to continued weak market conditions. This decision will be re-evaluated when market conditions improve. The plant has an annual production capacity of 200 million square feet. Customers previously supplied by the Mount Jewett plant will be serviced by other Temple-Inland Inc. facilities. "The decision to suspend operations at Mount Jewett particleboard is a difficult one. However, continuing to run the operation under current market pressures and economic conditions is not economically feasible," said Jack C. Sweeny, Temple-Inland group vice president - building products. "Primary markets for this plant, including the ready-to-assemble furniture industry, have been negatively affected by foreign competition." The shutdown will affect approximately 120 employees. "We deeply regret the impact on affected employees. The company will offer access to multiple resources to assist in the transition," concluded Sweeny. Temple-Inland Inc. is a major manufacturer of corrugated packaging and building products, with a diversified financial services operation. The Company's 2.1 million acres of forestland are certified as managed in compliance with ISO 14001 and in accordance with the Sustainable Forestry Initiative (SFISM) program of the American Forest & Paper Association to ensure forest management is conducted in a scientifically sound and environmentally sensitive manner. Temple-Inland's common stock (TIN) is traded on the New York Stock Exchange and the Pacific Exchange. Temple-Inland's address on the World Wide Web is www.templeinland.com. - ----------------------------------------------------------------- Temple-Inland Inc. A forest resource company P.O. Box 40 with major interests in Austin, Texas 78767 corrugated packaging, building products and financial services - ----------------------------------------------------------------- 2 This release contains forward-looking statements that involve risks and uncertainties. The actual results achieved by Temple-Inland may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include general economic, market, or business conditions; the opportunities (or lack thereof) that may be presented to and pursued by Temple-Inland and its subsidiaries; competitive actions by other companies; changes in laws or regulations; the accuracy of certain judgments and estimates concerning the integration of Gaylord into the operations of the company; the accuracy of certain judgments and estimates concerning the company's consolidation and supply chain initiatives; and other factors, many of which are beyond the control of Temple-Inland and its subsidiaries. -----END PRIVACY-ENHANCED MESSAGE-----