Cree Pledges 575 New, Green Jobs in Durham

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Neal Hunter and Cree Swoboda - Triangle Business Journal

Neal Hunter and Cree Swoboda - Triangle Business Journal

From the Triangle Business Journal: “Cree Inc. plans to hire more than 500 workers in Durham over the next three years, the maker of light-emitting diodes and LED lighting products announced Thursday afternoon.

The company currently employs about 1,500 in the Triangle. Cree (Nasdaq: CREE) cited the growing market for energy-efficient LED lighting as the reason for the new jobs. Cree plans to add 275 jobs in the remainder of 2009 to expand LED manufacturing at its Durham HQ. The company expects to hire an additional 300 workers by the end of 2012.

“We are seeing tremendous growth for LED lighting,” Cree CEO Chuck Swoboda said in a statement. “Energy-efficient lighting has its roots right here in North Carolina, and Cree is proud to be bringing more green jobs to our state.” Please click here to follow the rest of the story in the Triangle Business Journal.

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