DOVER, Del., Sept. 28, 2017 /PRNewswire/ -- Citizens for a Pro-Business Delaware (CPBD) launched a major media campaign, including new national TV spots, to inform Delaware residents of the negative impacts that the court-ordered sale of TransPerfect is having on Delaware's business climate. Earlier this month, the U.S. Chamber of Commerce released a report showing that Delaware's business-friendly reputation has fallen ten spots forcing business leaders to consider other states when incorporating their companies.
CPBD will launch TV, radio, print and digital ads disclosing Delaware's fall from the top and calling on legislators to intervene in the sale of TransPerfect. The Delaware General Assembly is considering legislation that would protect Delaware's incorporation economy from the overreach of the Delaware's Chancery Court. Most recently, the legislation passed the Elections & Government Affairs committee and will be considered by the full senate when they are back in session.
"The U.S. Chamber of Commerce validated what we have been saying since day one: business leaders across the nation will take notice when a state takes away someone's private company - and puts thousands of jobs at risk," said Chris Coffey, CPBD campaign manager.
The Delaware courts continue to put Delaware's economy at risk with their unprecedented ruling, likely disbanding TransPerfect and leaving more than 4,000 employees in the wake. If the company is sold to a competitor, it is likely to follow the general trend in translation service mergers and move thousands of American jobs overseas.
"If Delaware's reputation dropped 10 spots this year, imagine the next set of rankings if thousands of American jobs are sent overseas," said Chris Coffey. The translation industry often utilizes workers from across the globe, but TransPerfect was created and still headquarters in New York City. Citizens for a Pro-Business Delaware will continue to urge Delaware legislators to save Delaware's economy, save American jobs and save TransPerfect.
Citizens for a Pro-Business Delaware is a group made up of more than 2,200 members including employees of the global translation services company TransPerfect, as well as concerned Delaware residents, business executives and others. They formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about the issue.
For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org.
Contact: Mary Urban, MU@kofapublicaffairs.com
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SOURCE Citizens for a Pro-Business Delaware