T
oday, President Obama spoke with workers at Smith Electric’s new factory in Kansas City. Missouri. With a $32 million grant under the American Recovery and Reinvestment Act coupled with $36 million in private capital, the electric vehicle company is building up to 500 all-electric trucks.
While he was there, the President also had the pleasure of announcing the company was hiring its 50th worker at the plant. By September, that number is expected to grow to 70, and at the project’s peak, Smith tells us the project will create more than 220 direct and indirect jobs. As the President said:
[T]he reason I’m here today is because, at this plant, you’re doing more than just building new vehicles. You are helping to fight our way through a vicious recession and you are building the economy of America’s future.
To read the full, original article click on this link: Smith Electric Just One Example of Innovation in Kansas City | FavStocks
Author: The White House
