The mass timber group will move production to three other Austrian sites by year-end, and most of the plant's 40 workers will stay with the company.
Konut inşaatı
Minnesota-based Andersen, which bought the window and door maker in 2017, did not disclose terms; the deal is expected to close in December.
Goldman Sachs forecasts single-family starts of 870,000 and existing-home sales of 3.9 million next year, before lower mortgage rates revive activity in the second half.
Wooden starts rose 2.3%; January–September starts were up 1.6% from a year earlier.
The Texas homebuilder lifted orders 3% with incentives of 11% and says owning and developing its own land has largely locked in its lot costs.
Housing permits, a guide to future construction, fell 44.3% to 25,938 units; January–September starts were up 1% from a year earlier.
Manufactured home shipments rose 2%, while net income fell 40% as sales to RV makers dropped 15%.
Net sales orders fell 7% and cancellations rose to 23%; the largest U.S. homebuilder expects incentives to stay elevated and fiscal 2027 revenue of $30 billion to $32 billion.
The 15-year fixed mortgage rate declined, reaching 6.60% from 6.68% a week earlier.
Higher mortgage rates affected orders and deliveries; the company expects 9,350 to 9,650 home deliveries and $3.3 billion to $3.4 billion in 2026 home sales revenue.
The median monthly mortgage payment rose 10.7% from a year earlier to $2,786, the second-highest level in Redfin records.
Constrained affordability weighed on consumer sentiment; management expects unpredictable market conditions over the next several quarters.
Northeast and Midwest prices gained 4.0% and 3.6%, while West prices fell 0.6%.
Homebuilding revenue rose 3% to $942 million while homebuilding gross margin fell to 14.9%; the company maintains 2026 guidance for approximately 9,250 home closings.
Owner-built housing completions are down 20.8% and apartment-building completions up 2% so far in 2026 compared with the same period last year.
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.
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.
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.