Recently, the Cree (kerui) that LED lighting manufacturing factory in Wisconsin, Racine invested US $ 24.5 million for the expansion, plan to expand the area of 208,000 square feet currently sponsors the new factory has.
Kerui plans to move its part of the lighting business and as kerui company subsidiary operating the original Ruud lighting LED lighting manufacturing factory in Wisconsin, Racine, the expansion will introduce new production lines, production of existing and new Cree Lighting products of the company, the estimated combined Ruud van Nistelrooy and Cree lighting company Cree revenues of 20-25%. Cree company located in Raleigh (United States North Carolina capital) lighting product lines have all been transferred to the Racine plant.
Chuck Swoboda, Cree Chairman and Chief Executive, said: "Wisconsin Racine last month LED lamp manufacturing plant to produce its No. 500000 LED lamps, further evidence of market demand for LED this new technology, so we decided to expand our facilities, to maintain our LED lighting revolution leader's position. ”
Cree extension project will promote the LED-based solid-state lighting (SSL) deployments grow, and create some 469 new jobs over the next four years. At the same time, the plant will also gain comes from Wisconsin, Racine County Economic Development Corporation, the Racine County Economic Development Corporation and Alfred h, Sturtevant village provided total funding of US $ 8 million
