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Obama will visit Cree plant in N.C.

By Barbara Barrett
Washington correspondent

Cree, the LED light company based in the Triangle, will host President Barack Obama on Monday, the White House says.

Obama will tour the company and make remarks to workers at Cree. He also will meet with his new Council on Jobs and Competitiveness, which he appointed this winter. The council is made up of private-sector industry leaders.

Part of Monday’s discussion in North Carolina will revolve around manufacturing, said Gene Sperling, director of the National Economic Council, earlier this week.

White House spokesman Adam Abrams said this morning that Obama and the council will discuss initiatives and policies to spur economic growth, promote job creation and accelerate hiring across the nation.

Obama’s trip comes after disappointing news on the jobs front. The nation’s unemployment rate was 8.7 percent in May. The economy added 54,000 jobs in May, the lowest number in eight months.

Cree manufactures energy-efficient LED lighting, along with semiconductors.


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