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Obama touts Recovery Act at battery plant opening
President Barack Obama on Monday praised the grand opening of the nation's first large-scale advanced electric car battery plant, which he said was an example of the achievements of the 2009 economic stimulus law.
The 291,000-foot A123 Systems plant in Livonia, Mich., was backed by a $249 million stimulus grant.
During a telephone call from the Oval Office, Obama told a gathering at the plant that the $787 billion American Recovery and Reinvestment Act will help propel A123 and other U.S. manufacturers to a 40 percent share of the global advanced vehicle battery market. Another eight U.S. battery plants are to be built with stimulus money.
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