Feb 06, 2008. /Lesprom Network/. Temple-Inland today reported 4Q 2007 net income of $1.165 billion, or $10.76 per diluted share, compared with 4Q 2006 net income of $103 million, or $0.96 per diluted share, and 3Q 2007 net income of $36 million, or $0.33 per diluted share. Results for 4Q 2007 include special net after-tax income of $1.139 billion, or $10.53 per diluted share, including after-tax income of $1.208 billion related to the completion of our transformation plan and after-tax charges of $69 million related to a previously-announced facility closure and litigation settlements. As reflected in the table below, net income per diluted share, excluding special items for 4Q 2007 was $0.23 per share, compared with $0.34 per share in 4Q 2006, and $0.17 per share in 3Q 2007. Temple-Inland is a manufacturing company focused on corrugated packaging and building products. The fully integrated corrugated packaging operation consists of 5 linerboard mills and 1 corrugated medium mill, which produce 3.5 million tons of containerboard each year, and 64 converting facilities which produce 3.6 million tons of corrugated packaging per year.