A North Carolina LED manufacturer has been hailed as an example to American companies of how to bring growth to its business whilst adapting to a "clean-energy economy".
Cree, which makes energy efficient LED lighting products, will be welcoming US vice-president Joe Biden to its headquarters in Durham on Thursday (March 18th) and the White House believes it is an example to American manufacturers.
The company has hired around 375 staff since the summer due to increased demand for its products.
Cree is also launching a new LED product called the XLamp, which it claims is the industry's "most energy efficient neutral and warm lighting class LEDs". The neutral-white XLamp XP-G can provide up to 139 lumens or 132 lumens per watt at 350 mA.
Sunovia Energy Technologies has already announced it will be working with Cree's new offering.
Paul Thieken, Cree's director of marketing, claims the new developments mean the firm is "accelerating the LED lighting revolution by pushing through performance milestones".