Cree acquires Arkansas Power Electronics, Inc.

Durham-based LED maker Cree, Inc. announced that it has acquired Arkansas Power Electronics, Inc., based out of Fayetteville, Arkansas.

Cree to consolidate Durham factories

Cree, a Durham-based LED manufacturer will consolidate its two Durham LED factories one in segment restructuring.

$53M renovation planned for Cree production facility

Two permits for renovations to Durham's Cree campus, located at 4300 Silicon Drive, were recently filed with the city.Cree is planning a two part renovation in which MHA Works is listed as the architect. The project will focus on updating electrical, mechanical, and plumbing with the expected total cost listed as $53M.

Cree Launches Subsidiary Company

Durham LED-maker Cree Inc. plans to spin out its Power and RF subsidiary, and has filed the paperwork to initiate the public offering process for the new company with the U.S. Securities and Exchange Commission.

Durham-base Creek Recognized on Forbes 500 List

Durham-based Cree was recognized by Forbes "Fast 500" at No. 479.

Walgreens to Use Cree Lights in New Stores

National drug store chain Walgreens will Durham company Cree's light bulbs at all of its new stores.

Cree Honored With Energy Star Awards

Durham-based Cree Inc. was honored by the U.S. Environmental Protection Agency and the U.S. Department of Energy with 2014 Energy Star Awards.

Cree Buys Forner IBM Building

Durham's Cree has purchased a 86,000-square-foot former IBM office building at the Pinnacle Park corporate center in Durham at at 4401 Silicon Dr.

Cree Receives Energy Star Award

Durham-based Cree, Inc. of Durham received a 2013 Energy Star Program Award for Excellence for efficiency and product innovation.

Cree Hires 200, More Jobs to Come

Cree is making new LED bulbs and if they prove popular to consumers then the Durham-based firm is likely to add even more jobs to the 200 recently hired to make the bulbs.

Cree Exceeds $1 Billion in Revenue for 2012

In 2012, Durham-based Cree passed the $1 billion mark in annual revenue for the first time in its history.

Cree Adds More Space in Durham

Cree, the Durham-based LED lighting company will expand its operations in Durham by signing a deal to lease more than 58,500 square feet at the Research Tri-Center industrial park near Research Triangle Park.

CREE's CFO Steps Down

The chief financial officer of Durham LED lighting company Cree has resigned. Mike McDevitt will serve as Cree's interim CFO while the company launches a nationwide search to fill the vacated role.

Cree Hires Vice President for Sales and Business Development

Bruce Renouard is joining Durham's Cree as senior vice president for sales and business development.

Tillman Joins Cree Board

Robert Tillman is the newest member of the board at Durham's Cree.