Spanish companies, Big in America?

Spanish firms hope to benefit from Americas stimulus planAMERICAN companies are not the only ones hoping for a boost from Barack Obamas economic stimulus plan. Spanish firms are also positioning themselves to benefit from what they call el Plan Obama. Other foreign companies are jostling for some of the $317 billion of intended spending, but Spain is the only country to have built a campaign around it.The countrys golden couple, crown prince Don Felipe and his wife Letizia, launched a Made in/Made by Spain campaign in New York last month to put Spanish firms on the map. The scale of the opportunity is extraordinary, says Spains industry minister, Miguel Sebastian. He reckons Spanish firms are eligible for at least $71 billion of contracts. That is as much as Spain is spending on its own