# Lehigh Hanson

Lehigh Hanson is a Pension Fund based in Irving, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Irving, United States
- **Region:** North America
- **Address:** Irving, TX, United States
- **Founded:** 1897
- **Assets under management:** Undisclosed
- **Website:** lehighhanson.com
- **LinkedIn:** https://www.linkedin.com/company/lehigh-hanson

## Regulatory record

- **Reports private funds:** No

## About

Lehigh Hanson traces its roots to 1897, when it supplied cement for the foundations of the industrial United States. Now the North American subsidiary of Germany's Heidelberg Materials, the company operates under President and CEO Chris Ward from its Irving, Texas headquarters. While it no longer publishes a traditional family-office-style AUM, its balance sheet is brick-and-mortar: cement plants, quarries, and ready-mix terminals that span North America. The firm's capital deployment concentrates on real assets—cement, aggregates, and ready-mix concrete—across the construction-materials value chain. Its operational footprint covers major facilities in Cupertino, California; Mitchell, Indiana; and Sechelt, British Columbia, among others. Lehigh Hanson confirmed a strategic repositioning in 2021 by divesting its US West region business to Martin Marietta Materials for $2.3 billion (per the firm's official communications, 2021). Proceeds have been funneled into efficiency upgrades and decarbonization, including the ongoing Mitchell Cement Plant expansion in Indiana and the pioneering Edmonton Carbon Capture and Storage project. Chris Ward leads a workforce embedded in an industrial network that includes active membership in the Portland Cement Association and the National Ready Mix Concrete Association. The firm's corporate giving operates through the Heidelberg Materials North America Corporate Giving program. May 2024: Heidelberg Materials North America broke ground on a full-scale carbon capture system at its Edmonton plant, aiming for net-zero cement production—a first for the industry in this market, May 2024). The parent company also counts Chris Ward among its managing board attendees, linking Irving directly to Heidelberg's global governance. Lehigh Hanson's structure as an owned-and-operated industrial subsidiary distinguishes it from a standard asset manager or family office. It doesn't allocate to outside funds; it plows capital directly into kilns, quarries, and adjacent infrastructure. That operational model makes it a pure-play bet on North American heavy-side building materials, with an increasingly explicit mandate to decarbonize its own production process—turning a legacy emitter into a front-line participant in industrial energy transition.

## Sectors

- Infrastructure
- Real Estate
- Energy Transition & Renewables

## Offices

- Vancouver, BC, Canada

## People

- Chris Ward — President and CEO, Heidelberg Materials North America

## Questions

### Who runs investment decisions at Lehigh Hanson?

Chris Ward, as President and CEO of Heidelberg Materials North America, oversees all major capital allocation decisions. He reports to the managing board of Heidelberg Materials AG in Germany, which approves the overall strategic budget. Significant transactions, like the $2.3 billion West-region sale to Martin Marietta, are executed at Ward's level with corporate board oversight.

### How does Lehigh Hanson deploy capital?

Lehigh Hanson does not function as a fund or pooled investment vehicle. It deploys capital directly into industrial real assets—cement kilns, aggregate quarries, and ready-mix plants. Recent deployment has prioritized plant modernization, capacity expansion (such as the Mitchell, Indiana project), and carbon-capture infrastructure rather than financial portfolio investments.

### What was the impact of the 2021 Martin Marietta transaction?

In 2021, Lehigh Hanson sold its US West region assets—including cement plants in California and related distribution terminals—to Martin Marietta Materials for $2.3 billion. The divestiture slimmed Lehigh's geographic footprint, exiting the direct-operated West Coast market, and recycled significant capital into the parent company's broader North American decarbonization and efficiency initiatives.

### Which sectors does Lehigh Hanson explicitly target?

Lehigh Hanson is a pure-play heavy building materials company, targeting cement, aggregates, and ready-mix concrete. It is increasingly active in industrial decarbonization within those sectors, particularly carbon capture and alternative fuels. The firm does not invest in software, healthcare, or financial services.

## Related profiles

- [Lehigh County Employee Retirement Fund](https://altss.com/profile/lehigh-county-employee-retirement-fund)
- [Lehigh Valley Health Network (LVHN)](https://altss.com/profile/lehigh-valley-health-network-lvhn)

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Last updated: 2026-06-03T20:00:00.000Z

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