President Barack Obama shakes hands after speaking about manufacturing and jobs during a visit to Intel Corporation’s Ocotillo facility Wednesday, Jan. 25, 2012, in Chandler, Ariz. In 2011 Intel announced a more than $5 billion investment to build the new chip manufacturing facility, called the Fab 42, bringing thousands of construction and permanent manufacturing jobs to Intel’s Arizona site. (AP Photo/Haraz N. Ghanbari)