AUSTIN, TX –- Temple-Inland Inc. reported third quarter 2006 net income of $96 million or $0.87 per diluted share, compared with third quarter 2005 net income of $38 million or $0.33 per diluted share. Operating income for the third quarter 2006 of $83 million represented a record for the company’s forest products business segment, partly due to improved particleboard and gypsum prices. Read more.