Live Blogging the President's Speech in Wakarusa, IN

1155ET - Monaco RV plant worker, Herman Wiley, introduces President Obama to an audience of employees and local officials

1158ET - Obama: As the world grows more competitive, we can't afford to run the race at half strength ... we have to harness the innovation and spirit ... to rebuild the economy

1201ET - Obama: the recovery act builds jobs (building schools, upgrading roads etc)

1203 ET - Obama:  History should be our guide, the US led the world in the 21st century because we led in innovation

1204ET -Obama:  I'm here to announce $2.4billion in competitive grants in battery technology and electric vehicles all made in the USA (crowd cheers)

1205ET- Obama:  Right here in Elkhart County, Navistar Company will receive $39million in grant  money to build 400 advance battery electric trucks

1206ET- Obama: These grants will create tens of thousands of jobs

1209ET - President makes case for health care reform and improving education. He says his goal is to have the highest proportion of college graduates.