(CNN) - Mitt Romney will travel to Pennsylvania Thursday on the same day as President Obama in a political move to hit the president over his handling of the economy and a clear symbolic step as the frontrunner in the GOP presidential field.
The former Massachusetts governor will hold a press conference outside Allentown Metal Works, a closed-down Pennsylvania factory Obama visited in 2009 while touting the economic stimulus package, before and after attending fundraisers in Philadelphia.
Meanwhile the president will attend two fundraisers for the Democratic National Committee also in Philadelphia. Thursday's trip is his thirteenth trip to the Keystone State since taking office and his third since announcing his re-election campaign April 4.
Romney's visit is the latest in a string of attacks on the president's economic record as the Republican candidate highlights his entrepreneurial past. A new web video released Thursday from the campaign quotes Obama from his 2009 stop at the plant followed by local media reports on its closing.
The 40-second spot details the economic situation in the presidential swing state, including the over 470,000 unemployed residents and ends with his oft-used tag line, "Obama isn't working."
"Two and a half years ago, President Obama said that if he didn't get the economy back on track, then he would be a one-term president. He is right," Romney said in a statement. "Pennsylvanians have run out of patience."
The Democratic National Committee hit back at Romney for his "failed leadership" while governor of Massachusetts.
"As a candidate, Romney has double downed on the failed economic policies that brought us to the brink of a second Great Depression," a release from the DNC said.
In a DNC conference call with reporters Thursday, former Democratic Gov. Ed Rendell of Pennsylvania said the Romney event was a "cheap shot" and that the plant's closing was unrelated to the president's policies.
The president was in Pittsburgh, Pennsylvania last week and Philadelphia on April 6. According to a recent Quinnipiac University poll, 48 percent of voters in the state approve of Obama's performance as president and 48 percent disapprove.
He won the politically important state in the 2008 presidential election with 55 percent of the vote to GOP candidate Sen. John McCain's 44 percent. Former President George W. Bush lost the state's 21 electoral votes in the 2000 and 2004 presidential elections, to former Vice President Al Gore with 50 percent in 2000 and Sen. John Kerry of Massachusetts with 51 percent of the vote in 2004.
However, 2010 was a good year for Pennsylvania Republicans. Republican Pat Toomey won election to the Senate and voters ousted four incumbent House Democrats.
- CNN's Adam Levy contributed to this report.