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In a video being released Monday, Obama’s campaign zeroes in on a Marion, Ind., company, American Pad & Paper, also known as Ampad. The ad charges that Ampad bought and closed the SCM office products plant, immediately costing 250 workers their jobs.
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Watch Obama’s ad here:
The aim is to challenge Romney’s arguments that he’s more qualified than Obama to handle the country’s shaky economy.
The ad says Romney and his partners multiplied their investment in the office products plant by 20 times while the company went on to lose some 1,500 jobs and went bankrupt by 2,000.
Former Ampad worker Randy Johnson calls Romney’s performance “just the opposite of Robin Hood.”