SC business notebook, April 25

April 25, 2013 

Trampoline park to open

A California company is about to give residents here something to jump into. Gravitopia plans to open a 27,000-square-foot trampoline park at 48 Brookfield Oaks Drive in Greenville. It will open this summer, becoming the first extreme trampoline park in South Carolina, the company said. Gravitopia will offer more than 10,000 square feet of trampolines, an aerial ninja obstacle courses, trampoline dodge ball, olympic foam pits, trampoline aerobics and a site for birthday parties, the company said. Gravitopia will offer something for all ages, the company said. Customers pay for jumping time “per hour” with pricing between $8 and $12 per hour.

Automotive supplier to open in S.C.

ACS, a Madison, Wis.-based global automotive supplier, will establish a regional office in Greenville, generating 10 new jobs. The company serves clients such as Cummins, Caterpillar, Daimler, Harley Davidson, GE, John Deere, Navistar and Tognum. It specializes in the integration of engine and vehicle test operations into clients’ production and development facilities. For jobs in facilities project engineering, project management and controls engineering, submit resumes at www.acscm.com/careers.

Redesigned $100 bill coming in fall

The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. The Fed has set a new target date of Oct. 8. The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. The features are designed to thwart counterfeiters. The revamped bill had been expected to go into circulation in February 2011. But in December 2010, officials announced an indefinite delay. They said they needed more time to fix production issues that left unwanted creases in many of the notes.

Britain may be in another recession

Recession may just be a word. But in Britain it may become a habit – and a dangerous one at that. It’s possible that official figures on first quarter economic growth, to be released Thursday, could show the country is back in recession, and tension is building. Although economists on average expect growth of 0.1 percent on the quarter, they warn it would take the smallest statistical variation to put the figure in negative territory. That would place the country in recession, typically defined as two consecutive quarters of economic contraction. Another recession – the third since the 2008 financial crisis – is already being referred to with foreboding in the media as a “Triple Dip.”

The Greenville News and The Associated Press contributed.

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