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Charlotte Stonestreet
Managing Editor |
Editor's Pick
President Obama visits Vacon
03 February 2014
Barack Obama, President of the United States, has paid an official visit to the North Carolina facility of AC variable speed drive expert, Vacon, accompanied by Ernest Monitz, United States Secretary of Energy.

The purpose of the visit, which included a tour of the Vacon facility, was primarily to identify and highlight options for increased cooperation between universities and industry leaders like Vacon, with a view to enhancing business prospects and creating new job opportunities.
In a speech he made at North Carolina University shortly after his visit to Vacon, President Obama said: "Vacon is making systems more efficient, saving businesses big bucks on energy costs and improving the environment. Those savings get passed on to customers, and put money in people’s pockets. And growing companies that need the products that Vacon makes, they’re benefiting enormously.”
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