Lehigh Hanson Becomes Heidelberg Materials

Lehigh Hanson Inc. announced it has now changed its brand to Heidelberg Materials effective immediately. Previously announced in September of last year, this new brand identity goes into effect for the company’s corporate office and its core brands of Lehigh Cement and Hanson Aggregates. The majority of the company’s other subsidiaries in the United States and Canada will change their…

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November New Home Sales Up as Interest Rates Fall Back

While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs and challenging affordability conditions. Sales of newly built, single-family homes in November increased 5.8% to a 640,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of…

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