Despite improvements to economy, foreclosures continue to drag down housing starts, prices

Home foreclosures decreased dramatically in 2011, but industry experts are cautioning that this is not a reflection of improvements in the housing market, but a result of legal, process and “robo-signing” issues. At the 2012 International Builders’ Show in Orlando recently, Ed Sullivan, chief economist for Portland Cement Association, said that the 1.9 million foreclosures reported in 2011 is understated…

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Essroc Nazareth plant hit with $82K EPA fine for reporting violations

The U.S. Environmental Protection Agency recently announced that Essroc Cement Corp. has agreed to pay an $82,000 penalty to settle alleged violations of toxic chemical reporting requirements at its manufacturing Nazareth, Pa. facility. According to EPA, Essroc failed to submit three years of required reports on a regulated toxic chemical (lead) that was processed at this facility.

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Higher oil prices drive up state infrastructure costs

Home foreclosures decreased dramatically in 2011, but industry experts are cautioning that this is not a reflection of improvements in the housing market, but a result of legal, process and “robo-signing” issues. At the 2012 International Builders’ Show in Orlando recently, Ed Sullivan, chief economist for Portland Cement Association, said that the 1.9 million foreclosures reported in 2011 is understated…

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PCA chief economist expects modest cement consumption for 2012 forecast

Source: Portland Cement Association, Skokie, Ill. Stronger than expected job creation and the beginning of a construction industry recovery means gains in real construction spending will materialize this year—after seven years of consecutive declines. According to the new forecast from PCA, increases in cement consumption will follow. PCA revised its fall forecast upward from 1.1 percent, to a modest 3.7…

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