(CNN) – President Barack Obama will visit Menomonee Falls, Wisconsin, on Monday to tour ZBB Energy Corporation and deliver remarks to workers, a White House official said. The company is using a $1.3 million Recovery Act State Energy Program loan to help fund a $4.5 million factory renovation.
The renovation is expected to result in the hiring of 80 new workers and triple the capacity to manufacture flow batteries and power systems, the official said.
ZBB exports renewable power and storage systems worldwide. The loan is part of the $55.5 million in Recovery Act State Energy Program funding that Wisconsin is using to invest in clean energy manufacturing.
Gov. Jim Doyle decided to direct all of the state's Recovery Act State Energy Program funding to support clean energy manufacturing.
The funding will create 775 jobs and save nearly 5,000 jobs in Wisconsin, the White House official said.