Monday, December 10, 2012

AP Source: Obama to help unveil factory expansion

DETROIT (AP) ? President Barack Obama will help announce expansion of a truck engine plant when he visits a Detroit suburb.

The president is visiting the area on Monday to build support for his plan to avoid the fiscal cliff.

A person briefed on the matter says Obama and Detroit Diesel will unveil a $100 million investment at the factory in Redford Township, Michigan.

The person says the plant owned by Germany's Daimler will be expanded to make transmissions and axles. It was unclear how many jobs would be added. The person didn't want to be identified because the official announcement hasn't been made.

Obama is scheduled to tour the plant and speak to workers before returning to Washington in the afternoon.

Source: http://news.yahoo.com/ap-source-obama-help-unveil-factory-expansion-143403561--finance.html

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