SC business notebook

February 16, 2013 

Water park nixed from planned North Myrtle Beach complex

Plans for a water park as part of the new sports complex under construction in North Myrtle Beach have gone down the drain. The city, which is building the sports complex, ended negotiations with the developer who wanted to build the water park because the company didn’t provide a required letter of commitment assuring funding, a city spokesman said. Construction is underway on the North Myrtle Beach Park & Sports Complex, which will have six baseball-softball fields, up to eight soccer-football-lacrosse fields, an amphitheater, playgrounds and picnic shelters. The goal is to attract sports tourism events that will pump money into the city’s economy, especially during the less busy times of winter, fall and spring. The complex aims to open in February 2014.

Airbus abandons plan to use lithium-ion batteries in A350

Airbus abandoned its plans to use lithium-ion batteries for its new A350 airplanes due to the uncertainty surrounding the technology following the grounding of Boeing’s 787, the company said. The European aerospace group said Thursday it would revert to conventional nickel-cadmium batteries for the A350 – a rival to the 787 that is expected to make its first flight in a few months despite the battery switch. Lithium batteries are lighter and can store more energy than other types of batteries of an equivalent size, and manufacturers view them as an important way to save on fuel costs. But the batteries are also more likely to short circuit and start a fire than other batteries if they are damaged, if there is a manufacturing flaw or if they are exposed to excessive heat. Federal officials grounded the 787 last month when the batteries caused a fire and forced another plane to make an emergency landing.

BMW recalls X5 SUVs for break flaw

BMW is recalling more than 30,000 SUVs to fix an oil leak that can knock out the power-assisted braking. The German automaker says the recall covers X5 SUVs in the U.S. from the 2007 through 2010 model years. The vehicles were made between Sept. 12, 2006, and March 18, 2010. They have eight-cylinder engines. Brakes would still work, but the problem could increase stopping distances and cause a crash.

The (Myrtle Beach) Sun News and The Associated Press contributed.

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