SITE AND OPERATIONAL PLANS APPROVED FOR CREE, INC.

On Monday, February 27, the Pleasant Prairie Plan Commission considered and approved site and operational plans for Cree, Inc. to occupy 148,146 square feet of a vacant commercial building located at 8505 100th Street. Cree intends to use the building as a distribution center for finished goods, replacing an 80,000 square foot facility in Yorkville, Wisconsin.

Cree has requested minor exterior site modifications related to car and trailer parking. The company anticipates operating a single shift from 8:00 a.m. until 5:00 p.m. and employing approximately 35 people from the location. On average, 60 daily automobile trips are expected per day with a maximum of 140. Approximately 24 truck trips are expected to and from the site per day.

Cree, a manufacturer of lighting-class LEDs, LED lighting and semiconductor solutions for wireless and power applications, was founded in July of 1987 and operates in 16 global locations. Cree employs approximately 6,400 people worldwide and holds more than 4,000 patents. Cree anticipates being fully operational at the Pleasant Prairie facility by May of 2017.