New Home Starts Dip in March; Higher for Year

Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1 percent above the pace in 2016.

Read more: New Home Starts Dip in March; Higher for Year

LafargeHolcim CEO Resigns

Eric Olsen, CEO of LafargeHolcim, has resigned effective July 15, two years after taking up the CEO role and assuming responsibility for successfully implementing the merger of Lafarge and Holcim. His resignation is in response to the controversy regarding payments the company made to armed groups in Syria to ensure staff safety.

Read more: LafargeHolcim CEO Resigns

March Construction Starts Climb 5 Percent

New construction starts in March increased 5 percent to a seasonally adjusted annual rate of $743.7 billion, marking the third straight monthly gain, according to Dodge Data & Analytics. The total construction growth in March was led by the nonbuilding construction sector, and particularly by public works, which featured the start of two large pipeline projects – the $4.2 billion Rover natural gas pipeline in Ohio and Michigan, and the $2.5 billion Mariner East 2 propane and natural gas liquids pipeline in Pennsylvania.

Read more: March Construction Starts Climb 5 Percent

Cemex USA Wins 3 Global Health and Safety Awards

Cemex USA showed it is helping set the standard inside global Cemex by winning three Cemex Health and Safety Awards this year, highlighting safety and innovation.

Read more: Cemex USA Wins 3 Global Health and Safety Awards