Temple-Inland CEO discusses the state of the company

LUFKIN, TX (KTRE) - Temple-Inland discussed the state of their company today at The Chamber's first Friday business lunch at Crown Colony.

The company's CEO said East Texas is very important to Temple-Inland and said the company was focusing on two key objectives, maximizing Return on Investment and growing their business. He said they have had to make some difficult choices.

"We curtailed production at some facilities to match our supply with demand and we've reduced our head count," said Temple-Inland Chairman and CEO Doyle R. Simon.

He said he feels like the economy has reached the bottom, but what matters is how Temple-Inland is doing compared to their competitors and how they will emerge when the economy rebounds.  Simon said they are in good shape.