Temple-Inland, Inc. was an American corrugated packaging and building products company. It was acquired by International Paper in 2012. Inland Container Corporation was founded by Herman C. Krannert as Anderson Box Company in Anderson, Indiana in 1918. Kannert then founded Inland Box Company in Indianapolis in 1925; this was considered the founding date of the company. In 1973, Time, Inc. acquired Temple Industries, Inc., merging it with Eastex Pulp and Paper Company to form Temple-Eastex, Inc. Time Inc. had entered the forest products business in 1952 with the purchase of 500,000 acres of timberland in East Texas. In 1978, Inland was acquired by Time, Inc. in a deal worth about $280 million (equivalent to $1,163,286,000 in 2021). At the time, Inland was manufacturing corrugated shipping containers and container board at 28 plants in the United States and Puerto Rico. It also had 50% ownership, along with Mead paper Co., in Georgia Kraft Co. which produced 1.2 million tons of linerboard in 1977, and which owned 950,000 acres of timberland in the southeast U.S., and leased another 125,000 acres. More information...
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