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5:05 p.m. • 2-9-12

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Vice President to visit Durham LED-maker


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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.

 

RELATED TOPICS: Joe Biden, Steven Chu, Durham

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"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.

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.

WRAL,

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

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.

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.

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