The largest North American cabinet maker has started a search for a permanent finance chief as it integrates American Woodmark.

Record group sales lifted results, while inflation, tariffs and Mineral Fiber mix pressured margins; Armstrong expects 2026 adjusted EBITDA of $602 million to $612 million.

The publicly owned mill expects the shutdown to last about two months, until frozen ground lets crews reach hemlock stands.

The 20-City Composite rose 2.7%, while home values fell in real terms for the 15th month in a row as inflation held at 3.4%.

Sales of new single-family homes were 676,000 in September from a revised 680,000 in August and were 5.3% below a year earlier.

Custom cabinet sales rise 1.5%, semi-custom fall 4.7% and stock fall 12.1%, while cabinet quantity drops 9.0%.

The paperboard maker is pushing through price increases and expects the market to keep recovering, while problems at its Augusta mill continued into October.

The Reidsville factory opened in 2019; the company said it has more manufacturing capacity than it needs and expects stronger growth elsewhere.

Duties on Canadian softwood lumber would go into loan funds for homes built with U.S. wood, and tariffs on mill machinery not made in the U.S. would be removed.

About 70% of the country's wood is estimated to come from illegal logging, and in top timber state Chihuahua the illegal trade rivals the legal market.

Smurfit Westrock and Pratt Industries allege dumping margins of up to 297% on Chinese boxes; Turkey also faces a subsidy investigation.

A final rule signed on Thursday lets mills use a newer small-chamber method for routine quality-control testing and updates six other test standards.

An amendment in force since October 22 lets the Korea Forest Service give national forest timber to state bodies and forestry public institutions for wood construction and research.

The deal adds about $55 million in annual sales and 165 employees to UFP Packaging's PalletOne network on the Gulf Coast; closing is expected around Nov. 16.

Compared with the previous month, production was up 2.4%.

Lower timber prices, efficiency gains and currency effects improved the result; planned maintenance shutdowns weakened July performance.