After shelling out more than $1.1 billion in cash last week to buy a Toronto-based maker of building and home improvement products, Atlanta-based Georgia Gulf may have more transformational deals up its sleeve.

No heavy vehicles on four days

KUALA LUMPUR: Heavy vehicles will not be allowed on roads during this festive season as authorities attempt to ease the congestion caused by the balik kampung rush.

Under the Road Traffic (Prohibition on Driving of Goods Vehicles) Rules 2006, timber lorries, lorries transporting construction materials such as cement, iron, steel, stones, sand, earth and other materials as well as cement mixers, cranes and low loaders will not be allowed on the roads on Oct 20, 21, 28 and 29.

Container/cargo lorries ferrying electric/electronic goods and those moving from ports to airports that are not in the same localities will not be allowed to use roads from midnight to 6am on Oct 20, 21, 28 and 29.

Federal police traffic chief Senior Asst Comm (II) Nooryah Md Anvar said police would be employing various means to relieve the gridlocks expected nationwide.

“We will not be collecting fines on the spot for major offences like speeding, running red lights, cutting queues, misusing emergency lanes and overtaking on double lines because we don’t want to worsen the traffic situation,” she said, adding that the same rule applied to accidents.

Road construction update

U.S. 10 WORK. Maintenance work is scheduled at two locations on U.S. 10 in Winnebago County. The westbound U.S. 10 off-ramp at County CB will be closed from 8:30 a.m. Monday to 2:30 p.m. Tuesday. Crews will be making concrete repairs. One lane will be closed on westbound U.S. 10 about three miles east of State 76 on Monday through Thursday from 8:30 a.m. to 2:30 p.m. daily. Crews will be leveling the approaches to the railroad bridge.

U.S. 41 REPAIRS. Concrete repairs have been taking place on U.S. 41 between Breezewood Lane in Winnebago County and State 15 in Outagamie County. The project was scheduled for completion Friday, but the deadline has been extended to 6 a.m. Wednesday. Through 6 a.m. Monday, all lanes and ramps on U.S. 41 will be open. From 6 p.m. Monday to 6 a.m.

Construction Bank will re-engineer the economy -Ajanlekoko

THE dearth of funds has been variously fingered as the major problem besetting the construction industry. The plethora of uncompleted and abandoned projects that dot the nation's landscape has often been traced to this factor. Indigenous construction companies have been worst hit, hence, many of them have folded up, giving way to multinational construction companies who are often backed financially by their home governments.

Both the Federal and state governments have often hinged their preference for expatriate construction companies on the fact that their indigenous counterparts lack the equipment to execute complex jobs. But how can they effectively compete with these offshore funded companies when borrowing from commercial banks is usually at cut-throat interest rates. Built environment professionals who have been badly affected by this scenario have not rested on their oars in a bid to float a specialized bank that would be sympathetic to the cause of construction industry operators.

Radyne's Tiernan Division Receives $2.5 Million Order

PHOENIX, Oct. 5 /PRNewswire-FirstCall/ -- Radyne Corporation (Nasdaq: RADN - News) announced today that it's Tiernan division was awarded an ID/IQ contract for up to $2.5 million of video compression and satellite transmission equipment with the Naval Air Warfare Center. The order for the Tiernan video encoders and decoders, and Radyne satellite modems is the second phase of a program that first began in 2003.

The Tiernan compression equipment is uniquely qualified for this special application due to its modular construction and flexible interface capabilities.

"This contract is a vote of confidence by a long time customer in our video encoding and decoding solutions," said Myron Wagner, Radyne's CEO. "All of Radyne's divisions offer technology that supports communications needs for military customers in a wide range of mission critical applications."

About Radyne Corporation

Radyne Corporation designs, manufactures, sells, integrates and installs products, systems and software used for the transmission and reception of data and video over satellite, troposcatter, microwave and cable communication networks.

Foreclosures up dramatically in SD, Riverside counties

Foreclosure activity has shown a dramatic increase in San Diego and Riverside counties, far outpacing most of California and the rest of the nation, according to a foreclosure tracking firm, RealtyTrac.The large disparity is probably because of the cooling real estate market in what is one of the most expensive regions of the country, according to one local economist.