WASHINGTON (TIP): US President Barack Obama has thanked London-based Indian steel tycoon Lakshmi Mittal for investing in America and creating jobs in the country. “I want to thank your CEO, Lakshmi Mittal, for investing in America and the Cleveland area,” Obama said during his visit to the ArcelorMittal Cleveland Steel Factory in Cleveland, Ohio on November 14. This year alone, the company has invested $70 million resulting in creation of 150 new jobs, Mittal said. “It’s a great honor for all of us at ArcelorMittal Cleveland to welcome President Obama here today. We’ve been making steel in Cleveland for one hundred years,” Mittal said in his welcome address. “The link between Cleveland’s success and our investment in advanced high strength steel has been very important to our success,” he said.
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