I reached out to my contact at Cree Lighting in Racine, and the company provided the following statement:

With the implementation – and now acceleration – of the Cree Lighting strategic restructuring, the company continues to work on fulfilling its substantial backlog of orders as well as process new orders. While we are closing the manufacturing unit in Racine, with the exception of the maintenance of a pilot operation, we will continue to operate certain business functions in the Racine facility including but not limited to R&D, engineering, sales and marketing, finance, and quality control.

We are honored and excited that our customers have remained confident in Cree Lighting’s ability to continue to reliably provide the quality products that Cree Lighting is known for. 

We expect to be able to share more insights in the coming few weeks.