8-K

UNITED STATES

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: June 2, 2010

(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 Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1300 MoPac Expressway South, 3rd Floor

Austin, Texas 78746

(Address of Principal Executive Offices, including Zip code)

(512) 434-5800

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

G	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
G	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
G	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
G	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

On June 2, 2010, Doyle R. Simons, Chief Executive Officer of Temple-Inland Inc., gave an address to the Goldman Sachs Basic Materials Conference in New York City.  Copies of the presentation materials used by Mr. Simons are furnished as exhibit 99.1 of this report.

Item 9.01. Financial Statements and Exhibits.

(d)           Exhibits.

99.1 Presentation materials used by Mr. Simons during his address to the Goldman Sachs Basic Materials Conference in New York City on June 2, 2010.

SIGNATURES

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: June 2, 2010	By:	/s/ J. Bradley Johnston
		Name:           J. Bradley Johnston
		Title:           Chief Administrative Officer

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EXHIBIT INDEX

Exhibit	Description	Page
99.1	Presentation materials used by Mr. Simons during his address to the Goldman Sachs Basic Materials Conference in New York City on June 2, 2010	4

3

EX-99.1

4

Our job is to be the best

Goldman Sachs

Basic Materials Conference

June 2, 2010

5

This presentation contains “forward-looking statements” within the meaning of the federal
securities laws. These statements reflect management’s current views with respect to future
events and are subject to risk and uncertainties. We note that a variety of factors and uncertainties
could cause our actual results to differ significantly from the results discussed in the forward-
looking statements. Factors and uncertainties that might cause such differences include, but are
not limited to: general economic, market, or business conditions; the opportunities (or lack
thereof) that may be presented to us and that we may pursue; fluctuations in costs and expenses
including the costs of raw materials, purchased energy, and freight; changes in interest rates;
current conditions in financial markets could adversely affect our ability to finance our operations;
demand for new housing; accuracy of accounting assumptions related to impaired assets,
pension and postretirement costs, contingency reserves and income taxes; competitive actions by
other companies; changes in laws or regulations; our ability to execute certain strategic and
business improvement initiatives; the accuracy of certain judgments and estimates concerning the
integration of acquired operations; and other factors, many of which are beyond our control.
Except as required by law, we expressly disclaim any obligation to publicly revise any forward-
looking statements contained in this presentation to reflect the occurrence of events after the date
of this presentation.

This presentation includes non-GAAP financial measures.The required reconciliations to
GAAP financial measures are included on our website, www.templeinland.com.

6

Create Superior and Sustainable Value

•Maximize ROI

•Profitably grow our business

7

Corrugated Packaging earned a record $347 million

*Corrugated Packaging peer group includes:IP, PKG and SSCC

Corrugated Packaging - Highest 2009
Return in Peer Group

8

Building Products EBITDA 2009 vs. 2008

9

Premier Boxboard Ltd.

10

$482

$710

$1,192

Long-term debt reduced by $482 million in 2009

($ in millions)

2009 Long-Term Debt Reduction

11

•7 mills

- 3.9 million tons

•60 converting facilities

- 3.7 million tons

•# 3 industry producer

Business Highlights

Financial Highlights

($ in Millions)	2006	2007	2008	2009
Revenue	$2,977	$3,044	$3,190	$3,001
EBIT	$255	$287	$225	$347
Investment	$2,039	$2,004	$1,990	$2,109
ROI	12.5%	14.3%	11.3%	16.5%
EBITDA	$408	$429	$371	$492

Corrugated Packaging Segment Highlights

12

• Maintain high integration level

- Box plant consumption =mill capacity

•Drive forlow cost

- Asset utilization and manufacturing excellence

•Improve mix and margins

- Sales excellence

• Profitably grow business

- Organically / Acquisition

Lowering Costs, Improving Efficiencies and Growing Profitably

Corrugated Packaging Strategic Initiatives

13

Source:Company reports

Temple-Inland is the most integrated producer of corrugated containers

Integration Level - Highest in the Industry

14

Box Plant Transformation I (2006-2010)

•EBIT (Lower Costs) $80MM/Year

–Fewer Plants 4

–Fewer Machines 88

–Fewer Positions1,157

•Investment $174MM

•ROI 46%

15

Box Plant Transformation II (2010-2013)

•EBIT (Lower Costs) $100MM/Year

–Fewer Plants 12

–Fewer Machines 65

–Fewer Positions 900

•Investment $250MM

•ROI 40%

16

Improve Mix and Margins

•Customer segmentation

•Target richer segment of customer
portfolio

17

PBL

Profitably grow our business

•PBL acquisition

–$20 million of synergies

–$30 million from white-top

–60% ROI

18

TIN has highest ROA in the Peer Group

Notes: (1) As reported by segment excluding special itemsfor TIN, IP and Weyerhaeuser. For TIN and IP, the asset base was adjusted to include acquisitions made in Q3 2008. (2) For PCA, EBIT =
Gross profit-selling and administrative expenses. (3) For SSCC, EBIT as reported by segment; total assets reported for the company in 2007, 2008 and 2009.For prior years, total assets =
segment assets + other assets of $3.3 billion.

Corrugated Packaging - Highest ROA in
Peer Group

19

Source: RISI

Improving Demand and Lower Inventories

20

Source: AF&PA and RISI

Rising Industry Operating Rates
and Higher Pricing

21

Corrugated Packaging Summary

•Simple, effective strategy…execution = results

•Track record of success

•Improved industry fundamentals

22

•Portfolio of Products

–Lumber

–Gypsum

–Particleboard

–MDF

•Lowest quartile cost converting
operations

•Located near large, high-growth
markets

Business Highlights

($ in Millions)	2006	2007	2008	2009
Revenue	$1,119	$806	$694	$576
EBIT	$221	$8	($40)	($27)
Investment	$586	$562	$560	$535
ROI	37.7%	1.4%	(7.1%)	(5.0%)
EBITDA	$265	$53	$8	$17
Housing Starts (000’s)	1,812	1,342	900	553

Building Products

23

Building Products Strategic Initiatives

•Deliver tailored portfolio of building products

–Products for new home, repair and remodeling
and commercial markets

•Drive low cost

–Manufacturing excellence

•Serve preferred markets

–Favorable demographics

•Profitably grow business

24

Tailored Products

25

Buna

Pineland

Diboll

Rome

DeQuincy

Lumber

Competitive

Position

1st

Quartile

2nd

Quartile

3rd

Quartile

4th

Quartile

Gypsum

Competitive

Position

Cumberland

Fletcher

W.Memphis

McQueeney

Panels

Competitive

Position

Monroeville

Hope

Diboll

Thomson

PB

MDF

El Dorado

Mt. Jewett

80% of Building Products operations are in lowest cost quartile

1st

Quartile

2nd

Quartile

3rd

Quartile

4th

Quartile

1st

Quartile

2nd

Quartile

3rd

Quartile

4th

Quartile

Source:Beck & RISI studies and internal analysis

Low Cost Operations

26

Building Products Facilities

Mt. Jewett

Cumberland City

West Memphis

Fletcher

El Dorado

Hope

Rome

Thomson

Pineland

Diboll

Monroeville

DeQuincy

Buna

McQueeney

27

Housing Starts

TIN EBITDA

2006

2007

2008

2,127

2009

906

554

$8

$17

28

2010 Financial Priorities

•Return cash to shareholders

–Maintained dividend during 2009

–Q1 2010 dividend increased 10% to annual
rate of $0.44 per share

•Reduce debt

•Invest in our business

•Profitably grow

29

Create Superior and Sustainable Value

•Maximize ROI

•Profitably grow our business

30

Appendix

31

Total Debt

$764

Borrowings Under

Committed Credit

Facilities

$209

Term Debt

$555

($ In Millions)

First Quarter 2010 Debt Structure

32

Term debt

($ In Millions)

Total Term Debt = $555MM

Term Debt Maturity Profile as of First
Quarter 2010

33

Accounts

ReceivableCommitted

SecuritizationCredit

FacilityAgreementsTotal

($ In Millions)

First Quarter 2010
Committed Credit Facilities

Committed$ 250$ 825$1,075

Less:

Borrowings(168)(41)(209)

Letters of credit-(30)(30)

Unused borrowing capacity$82$ 754$836

Facility MaturitiesOct, 2012July, 2011 ($750MM revolver)

Covenants (as specifically defined):1Q-End, 2010

Debt/total capital45.0%70% Max

Interest coverage *10.2x 3.0xMin

* Best 4 out of 5 trailing quarters

1Q/2010 = 5.8x

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Our job is to be the best