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MSNBCProgram would advance electric vehicle programsWAKARUSA, Ind.—
The excitement was building Tuesday in Wakarusa, a day before President Barack Obama drops by to announce manufacturing grants for the economically hard-hit Elkhart County region.
The president was scheduled to announce the grants and give an outline of his economic recovery plans during an appearance Wednesday morning at Monaco RV in Wakarusa. The company is one of many that has been slammed by the recession in the region, whose economy is based significantly on the manufacture and sale of recreational vehicles.
“Obviously, this is an area of the country that’s been particularly hard-hit as a result of the economic downturn,” said White House press secretary Robert Gibbs, who told reporters that Obama would announce governments grants for advanced battery and electric vehicle manufacturing. Vice President Joe Biden was expected to make a similar announcement in Detroit.
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Monaco RV is a highly symbolic location for Obama’s announcement, representing the ups and downs of the recessionary cycle. The plant has been to bankruptcy and back, and people are once again working there. But after 1,400 workers were laid off, the workforce is much smaller than it was before Navistar International Corp., an Illinois-based transportation company, bought the plant from Monaco Coach Corp. and rescued it from plans to close.
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http://www.msnbc.msn.com/id/32283931/ns/us_news-the_elkhart_project/