GE Invests $100 Million To Grow Its LED Business

The General Electric Company (GE) through its consumer & industrial business and the Nichia Corporation announced today a strategic alliance agreement to support GELcore, LLC, based in Cleveland, Ohio. GELcore, formed in 1999, was previously a joint venture between GE and the Emcore Corporation of Somerset, NJ. GE purchased Emcore's 49% interest in the joint ventur

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