(CNN) - President Barack Obama rounds out a trip to the West coast - for fundraisers and a commencement address - with a Thursday campaign event at the Iowa State fairgrounds, where presumptive Republican nominee Mitt Romney and his rivals kicked off their campaigns last summer.
The state is a November battleground, and Team Obama is taking the battle to Romney in a web video which brings back what may be one of Romney's most memorable comments from the fair.
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"Corporations are people, my friend," Romney says in the 35-second video.
"Of course they are," he continues as onlookers jeer. "Everything that corporations earn ultimately goes to people."
That clip also surfaced in an April web video the campaign produced, which they billed as one "of the unforgettable moments from this unforgettable primary."
Asked for a response to the video, a spokeswoman for Romney's campaign said "President Obama has presided over an economy where millions of middle-class families are still struggling – and all he has to offer now are tired political attacks."
"Mitt Romney is offering voters a positive vision for our country, and he will take action on day one of his presidency to get our economy moving again," Amanda Henneberg said in an email.
Before his appearance at the fairgrounds, Obama is scheduled to tour a wind technology manufacturing company and highlight his Congressional "to-do list," including clean energy investments.
Obama won the state in 2008 by ten points, beating Sen. John McCain, the Republican nominee, 54% to 44%.
But in other recent presidential elections, Iowa has been narrowly swung between Republicans and Democrats. In 2004, the state contributed to President George W. Bush's 2004 re-election. He won the state by a mere 10,000 votes of the nearly 1.5 million cast. Former Vice president Al Gore won by a 4,000-vote margin of the almost 1.3 votes cast in 2000. President Bill Clinton won by six percentage points in 1992 and then expanded his margin to 11 points in 1996. Before that, Iowa supported Michael Dukakis in 1988 and Ronald Reagan in 1980 and 1984.
– CNN's Paul Steinhauser and Gregory Wallace contributed to this report