Why was Obama in Holland, Michigan -population 35,000- this week? Find out, inside.

U.S. President got a first-hand look at the Chevrolet Volt yesterday during a visit to Holland, Michigan.  The small town will be home to the new LG Chem-owned Compact Power battery plant, a key supplier of Volt equipment.

The visit took place just months before the Volt is scheduled to go on sale in specific markets.  Customers in California, Michigan and Washington D.C. metro will be the first allowed to order the car.  The extended-range Volt is capable of 40 all-electric miles, and can travel for 340 miles on a single tank of gas, according to Chevrolet.

During the groundbreaking ceremony at Compact Power's upcoming facility, President Obama said the plant will be a key factor in creating growth in the American high-tech industry.  The plant was given the go-ahead after receiving a $151 million U.S. stimulus grant, roughly half the cost of the total project.

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