Cree Subsidiary to Add Jobs

Ruud Lighting of Racine, Wis., recently acquired by !%Cree Inc.%!, plans a 208,000-sq-ft expansion to its manufacturing facility and a $24.5 million investment in the fabrication and assembly of LED lighting. The company estimates that 469 full-time jobs, mostly assembly positions, will be created over the next four years. The expansion will extend component and product storage capacity and house several manufacturing lines for new and existing Cree LED production. The company also will invest in manufacturing equipment.