Industry News
President Obama plans to visit Cree Monday
Author:admin   Time:2011/6/9 15:25:03
President Obama plans to visit Cree Monday. During the presidents visit to North Carolina he plans on meeting workers at CREE and his "Council on Jobs and Competitiveness". His goal is to spur hiring across the nation.

 With Cree's stock at a 52 week low Americans might question his choice of companies to inspire the creation of jobs here in the USA. In 2010 the President awarded Cree more than 39 million dollars to purchace new equipment to lower production costs of LED lighting. Cree did have a Grand Opening of a new state of the art facility last December at the Huizhou Zhongkai High-tech Industrial Development Zone in Huizhou City, Guangdong Province, China.

(source:www.lightboard.com)

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