WASHINGTON, Oct 25 (Reuters) - U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Delaware, where he is expected to announce that it will be reopened for the building of plug-in hybrid electric cars.
The California-based venture capital firm Fisker Automotive Inc has reached a deal to buy the former GM assembly plant and plans to use it for the manufacture of the cars, according to a source familiar with the details of Biden's visit.
Henrik Fisker, chief executive and founder of the firm, is scheduled to attend Tuesday's event, said the person who asked not to be identified in advance of the formal announcement.
A White House statement on Biden's visit said he planned a major announcement about the assembly plant's future but gave no other details. Delaware is Biden's home state.
The announcement is planned for 10 a.m. EDT (1400 GMT) on Tuesday.
(Reporting by Caren Bohan; Editing by Bill Trott) Keywords: AUTOS/BIDEN (caren.bohan@thomsonreuters.com; +1 202 898 8300; Reuters Messaging: caren.bohan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The California-based venture capital firm Fisker Automotive Inc has reached a deal to buy the former GM assembly plant and plans to use it for the manufacture of the cars, according to a source familiar with the details of Biden's visit.
Henrik Fisker, chief executive and founder of the firm, is scheduled to attend Tuesday's event, said the person who asked not to be identified in advance of the formal announcement.
A White House statement on Biden's visit said he planned a major announcement about the assembly plant's future but gave no other details. Delaware is Biden's home state.
The announcement is planned for 10 a.m. EDT (1400 GMT) on Tuesday.
(Reporting by Caren Bohan; Editing by Bill Trott) Keywords: AUTOS/BIDEN (caren.bohan@thomsonreuters.com; +1 202 898 8300; Reuters Messaging: caren.bohan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.