Jul 27, 2010. /Lesprom Network/. Temple-Inland Inc. reported 2Q 2010 net income of $20 million, compared with a 1Q 2010 net loss of $4 million, and 2Q 2009 net income of $66 million. 2Q net income excluding special items was $21 million. Doyle R. Simons, Chairman and CEO of Temple-Inland Inc., said, “In Corrugated Packaging, we realized the benefit of the January linerboard price increase in the quarter. However, the price increase benefit was partially offset by extended and unanticipated mill outages and unprecedented low inventory levels that negatively affected our financial performance in the quarter by approximately $20 million. “An extended maintenance outage at our Rome, Georgia, mill and unscheduled outages of almost a week at our Maysville, Kentucky, and Newport, Indiana, mills due to third party utility interruptions negatively affected earnings in the quarter by approximately $11 million. The outages also affected inventories, which are at unprecedented low levels and well below our practical minimum. As a result, we were forced to make unscheduled outside purchases of containerboard and incur additional freight costs, negatively affecting earnings by an additional $9 million in the quarter. “In Building Products, we returned to solid profitability in the quarter. In addition to higher prices, we benefited from our low cost structure. Results in this quarter provide insight into the earnings potential in this business. “Looking ahead, we are positioned for a strong second half of the year in Corrugated Packaging as we will benefit from higher prices, box plant transformation and less mill maintenance downtime. Housing markets remain challenging, but we are well positioned in our Building Products business.” Temple-Inland Inc. is a manufacturing company focused on corrugated packaging and building products.