New developments in light-emitting diode (LED) technology are creating new business and employment opportunities. North Carolina as one example.
Frank Vinluan of the Traingle Business Journal reports:
"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." See full article.