News

Obama calls Fremont company 'testament to American ingenuity'

Firm receives federal loan guarantee of $535-million to expand operations

President Obama visited a solar panel manufacturing facility in

Fremont Wednesday, calling the company and its workers "a testament to American ingenuity and dynamism."

Obama toured the headquarters of Solyndra Wednesday morning during a two-day visit to the Bay Area.

"I try to visit places like this about once a week," Obama said.

The president said he enjoys talking to workers who are "doing the extraordinary work of building up America."

Solyndra is the recipient of a $535 million loan guarantee from the U.S. Department of Energy to expand its solar panel manufacturing capacity.

He said the kickoff of construction on Solyndra's new factory last fall has resulted in the employment of more than 3,000 people. Its expanded production capacity is expected to add 1,000 new long-term jobs.

"California was hit as hard as any state by the home mortgage crisis and the economic storms that followed," Obama said. "Even this high-tech corridor wasn't immune."

He noted the recent shutdown of the New United Motor Manufacturing Inc. plant in Fremont.

"I know the closure of the NUMMI plant was devastating to this community and thousands of jobs were lost ... but thanks to loans through the Department of Energy, which helped provide Tesla Motors with the financial wherewithal to expand, that shuttered plant is soon going to reopen," Obama said.

Tesla Motors announced last week that it would partner with Toyota to produce electric cars at the NUMMI facility.

"Once again it will be a symbol of promise, an example of what's possible here in America," Obama said.

Solyndra chief executive Chris Gronet said the attention the company has received from the president's visit "is absolutely great because we want to grow the solar market in the

y great because we want to grow the solar market in the U.S."

Comments

Like this comment
Posted by susaN
a resident of Pleasanton Valley
on May 27, 2010 at 12:15 pm

HES PLAYING POLITICS WHILE LA SUFFERS, A FINE PRESIDENT WHO CARES! HE SHOULD TAKE CARE OF BUSINESS, INSTEAD OF RAISING MONEY AND DOING POLITICS.


Like this comment
Posted by ObamaJoke
a resident of Another Pleasanton neighborhood
on May 27, 2010 at 12:53 pm

"a testament to American ingenuity and dynamism"...despite Obama's ongoing successful effort to demotivate American ingenuity, innovation, and dynamism...by rewarding the unproductive and dis-incentivizing those who actually produce.




Like this comment
Posted by Cholo
a resident of Livermore
on May 27, 2010 at 1:03 pm

Los Angeles is NOT suffering.

Are you always so off the wall?

signed,

missy mark-et


Like this comment
Posted by maja7
a resident of Vintage Hills
on May 27, 2010 at 1:22 pm

I'm pretty sure she meant Louisiana not Los Angeles. You really need to get out more.


Like this comment
Posted by @ObamaJoke
a resident of Vintage Hills
on May 27, 2010 at 1:38 pm

Amen! Let's extend unemployment benefits one more time. I'm sure that's not de-motivating anyone to get out there and find employment.


Like this comment
Posted by Dan
a resident of Bridle Creek
on May 27, 2010 at 1:57 pm

Interesting in just reading the headline.

Apparently, "American ingenuity and dynamism" can't be done unless it comes with a +$500b loan guarantee from taxpayers. Nice deal.

Nice new building off 880...I guess all the other buildings for lease in the valley (and there are 100's, maybe 1000's) aren't good enough.

/sarcasm.

Dan


Like this comment
Posted by Cholo
a resident of Livermore
on May 27, 2010 at 3:59 pm

If Missy is capable of saying what she means, then please do say what you mean to say Missy...okaaaaaaaaaaaaaaaay?

Otherwise, I might suspect that it's Francis the talking mule posting...tee hee hee, tee hee hee...

PING!


Like this comment
Posted by : )
a resident of Another Pleasanton neighborhood
on May 27, 2010 at 8:20 pm

but Cholo, i thought you would like talking to Francis , you know, you being such an as......


Like this comment
Posted by M.
a resident of Downtown
on May 27, 2010 at 10:29 pm

M. is a registered user.

Whaaaaa the big bad black man is doing the same thing every other president does, campaigning during campaign season... Seriously, like our last pres. did an oh so spectacular job on his last big disaster down there. Let me guess the communist democrats prevented him from doing anything... whatever kids.


Like this comment
Posted by SteveP
a resident of Parkside
on May 28, 2010 at 8:59 am

SteveP is a registered user.

M, you pathetic racist. He's only half black and what the hell does that have to do with this story? And in typical, vacuous lib fashion you pull out 2 of the most commonly childish leftist talking points: blame Bush and deflect from the storyline when you can't add any value.
The trip to Fremont was Obami's attempt to justify the billions spent trying to 'create' jobs. This plant will be vacant by 2012 fopr at least 2 reasons---your messiah will be out of office and the money making machine will have been turned off and the market will never materialize for inefficient, overpriced 'alternative' energy.


Like this comment
Posted by Cholo
a resident of Livermore
on May 28, 2010 at 8:35 pm

steffyP...your darling hero is BUSTED: Web Link

steffy...where do you born?

Are most white supremacists child molesters? Hmmmmmmmmmmm...?


Sorry, but further commenting on this topic has been closed.

Couples: Wanting, Yet Missing One Another
By Chandrama Anderson | 0 comments | 784 views

Superintendent's new contract may portend difficult employee negotiations
By Tim Hunt | 7 comments | 551 views

Scott Raty bows out as CEO of Pleasanton Chamber
By Jeb Bing | 0 comments | 348 views

 

Nominations due by Sept. 17

Pleasanton Weekly and DanvilleSanRamon.com are once again putting out a call for nominations and sponsorships for the annual Tri-Valley Heroes awards - our salute to the community members dedicated to bettering the Tri-Valley and the lives of its residents.

Nomination form