Obama Holland, Michigan Speech Video: Address at Compact Power, Inc. 7-15-10

U. S. President Barack Obama speaks at a groundbreaking ceremony for a new lithium-ion battery plant in Holland, Michigan on July 15, 2010. The $303 million facility run by LG Chem and Compact Power, Inc. is scheduled for completion in 2012 and is partially financed by a $151.4 million grant from the federal government as part of the stimulus package.   UPI/Brian Kersey Photo via Newscom

Here is the Obama Holland, Michigan speech video from Thurs. July 15, 2010. President Barack Obama delivers an address at the Compact Power, Inc. groundbreaking in west Michigan. Speech time is approx. 1:30 p.m. ET; watch live stream video here. Thereafter check back for the full video and transcript text.

UPDATE: Full video and transcript are below.

Article continues below.





YouTube Link

Here is the complete transcript text. Click here for the photo gallery. Click the picture above to see another gallery of photos from the event.

Previously….

Link Live web-feed video. The event can also be seen on CNN Live or via the White House iPhone app, a free download. Audio only is at WhiteHouse.gov There is also local TV broadcast coverage on Wood-TV 8 (NBC) and WWMT-TV 3 (CBS) and a live stream at WoodTV.com and live blogging covering the President’s arrival at Gerald R. Ford International Airport (at 12:35 p.m. ET)

President Obama’s trip to western Michigan is part of the Recovery Summer Campaign. According to the Grand Rapids Press, Compact Power, Inc. is a subsidiary of LG Chem Ltd., which is a battery plant in Holland. The groundbreaking ceremony is to be held in a tent near 146th Avenue and Waverly Road. Upon construction, the new manufacturing plant will result in approximately 400 new jobs. The company received $151 million in federal stimulus funding to build the new as part of the $2.4 billion from in the American Reinvestment and Recovery Act of 2009 which was awarded for advanced battery and electric vehicle manufacturers.

The complete itinerary is here: President Obama official schedule and guidance, July 15, 2010.

A preview video is below. See also:



YouTube Link

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Obama Holland, Michigan Speech Video: Address at Compact Power, Inc. 7-15-10



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