Local

A Montco Toy Factory Is Backdrop For Obama’s Visit and Budget Push

View Comments
(Michael Araten, CEO of K'nex, at the factory Pres. Obama will visit on Friday.  Credit: Pat Loeb)

(Michael Araten, CEO of K’nex, at the factory Pres. Obama will visit on Friday. Credit: Pat Loeb)

Pat Loeb Pat Loeb
Pat Loeb's radio experience has the makings of a country song: s...
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

By Pat Loeb

HATFIELD, Pa. (CBS) — President Barack Obama on Friday makes his first trip outside the White House since the election, and it brings him to a Hatfield (Montgomery County) toy manufacturing facility, where he would be pushing his deficit reduction ideas.

Michael Araten, CEO of K’nex (top photo), on Wednesday was showing off the factory that President Obama will tour on Friday.

K’nex makes toy cars and children’s building sets, including the iconic “Lincoln Logs” and “Tinkertoys.”

Araten says he believes the president wanted to see the K’nex facility because of what it represented about local manufacturing.

“We had moved a bunch of stuff to Asia, but over the last four years we moved almost everything back,” Araten tells KYW Newsradio, “so now 95 percent of component parts are made here — and we’re working toward 100 percent.”

The president’s main message, though, is likely to be that companies like K’nex depend on middle-class consumers, so preserving middle-class tax cuts will keep the factory humming while letting tax cuts on the wealthy expire will cut the deficit.

Without action, all the tax cuts expire January 1st.

Top Content On CBSPhilly

View Comments
Follow

Get every new post delivered to your Inbox.

Join 33,188 other followers