Obama Gives a Shout-Out to These Companies

Late Tuesday, President Barack Obama delivered his first State of the Union address since winning re-election. He discussed everything from climate change to gun control and named new jobs as an economic priority.

After recognizing that the country’s manufacturers have cut jobs for more than a decade, Obama notes that they have added nearly 500,000 jobs over the past three years, representing the fastest three-year growth in over a decade, and cites three specific examples.

He explains, “Caterpillar (NYSE:CAT) is bringing jobs back from Japan. Ford (NYSE:F) is bringing jobs back from Mexico. And this year, Apple (NASDAQ:AAPL) will start making Macs in America again.”

The president also gives a mention to 3D printers. “Last year, we created our first manufacturing innovation institute in Youngstown, Ohio,” Obama said. “A once-shuttered warehouse is now a state-of-the-art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make almost everything. There’s no reason this can’t happen in other towns.”