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Vice President to visit Durham LED-maker

Posted March 16, 2010

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— Vice President Joe Biden will visit Cree Inc. in Durham Thursday, his office announced.

Biden, who will be traveling with Secretary of Energy Steven Chu, is expected to talk about how federal funds from the American Recovery and Reinvestment Act allowed the LED-maker to purchase new equipment and expand its work force.

Cree (Nasdaq: CREE) received $39 million in federal tax credits in January to boost production of high-efficiency lighting.

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  • wildervb Mar 17, 2010

    "WRAL,

    How about doing some investigative reporting and post the cost per job and how many of these jobs were permanent?"

    CollieDave, if you did some of your own investigating you'd learn that Cree is a profitable company that's creating jobs and paying taxes. It's been very profitable for me the past year as it's stock price has more than doubled.

  • voip Mar 17, 2010

    It's good that an area company is getting some attention like this. The new LED lighting solutions (used in the latest downtown Raleigh parking deck for instance) are fantastic.

  • colliedave Mar 17, 2010

    WRAL,

    How about doing some investigative reporting and post the cost per job and how many of these jobs were permanent?

  • Jeff_W Mar 17, 2010

    And we care that he is coming why???? Oh yeah, the traffic problems. Well, he isn't worth those either. Please stay in Washington, Mr. VP.

  • tommys5 Mar 17, 2010

    90% of these comments are just personal attacks on the VP. Get back to work! Simply amazing that the same dirty dozen make such a fuss about everything

    WORK? WORK? WHAT IS WORK? I thought after Obama was elected I would not need to work anymore.

  • Worland Mar 17, 2010

    Since Biden managed to destroy our relations with Israel, Barry might as well send him here to keep him out of trouble. Considering Hussein has snubbed Australia to instead campaign for his rediculous health care bill, I have to wonder what these guys are thinking. Go ahead, insult our allies more. Barry is already the laughing stock of Europe and an a Class A embarrassment in Asia.

  • nerdlywehunt Mar 17, 2010

    90% of these comments are just personal attacks on the VP. Get back to work! Simply amazing that the same dirty dozen make such a fuss about everything......

  • mep Mar 17, 2010

    Guess Obama doesn't want Ol Joe stumping for that so-called health care reform. So he sends him to NC to "remind" folks that a small portion of the $787 BILLION dollars we borrowed from China actually went for something that mattered. Unlike the billions wasted on "Clown school", "studying the mating habits of college students", and the like.

  • timbo 2.0 Mar 17, 2010

    Great. Traffic is going to be a mess just so he can make an appearance. I think I'll stay home an work. Maybe he'll land in Greensboro and mess their traffic up?

  • bluewind Mar 16, 2010

    can't wait...

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