Pelosi to visit Mass. to tout stimulus success

Pelosi to visit Mass. to tout stimulus success

BOSTON—Democratic U.S. House Speaker Nancy Pelosi is planning to visit a Watertown-based battery manufacturer to highlight what she's calling one of the success stories behind the federal stimulus program.

Pelosi and U.S. Rep. Edward Markey are set to tour A123 Systems on Wednesday. The firm develops and manufactures advanced lithium-ion batteries and battery systems for plug-in hybrid and all-electric automobiles.

A123 Systems has received a $249 million federal stimulus grant through the Department of Energy to expand its manufacturing capacity in Michigan.

The company has also created 50 corporate and research and development jobs in Massachusetts in the past year.

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http://www.boston.com/news/local/massachusetts/articles/2010/06/01/pelosi_to_visit_mass_to_tout_stimulus_success/?rss_id=Boston.com+--+Local+news