DOVER, Del., July 21, 2016 /PRNewswire/ -- Today, Citizens for a Pro-Business Delaware, a group made up of more than 1,700 members including employees of the global translation services company TransPerfect, as well as concerned Delaware residents, business executive and others, will begin part of their summer campaign at the Delaware State Fair in Harrington. The group will be signing up new members and informing Delawareans and visitors about the vulnerability in state law, which currently allows the court to break-up a successful, profitable company.
Last week, Citizens for a Pro-Business Delaware announced their summer campaign plans with the addition of KOFA Public Affairs to run the on-the-ground effort in Delaware. The campaign includes direct mail, newspaper ads, door knocking, canvassing at public events, lobbying elected officials, and more. KOFA Public Affairs, a firm with years of experience waging successful statewide campaigns, is focusing on building support across Delaware to ensure that a growing and thriving company like TransPerfect is never ordered to be sold again.
"Our efforts at the State Fair are just another example of how our group is working to ensure everyone in Delaware understands our issue and how important it is to gain support for the crucial legislation we are trying to pass," said Miranda Wessinger, President of Citizens for a Pro-Business Delaware. "While talking to Delaware residents, we have discovered that the more people learn about this issue, the more outraged they become. This decision impacts every single resident and family in the state, as well as people across the country whose livelihoods depend on businesses incorporated here. We want to ensure every elected official, business owner and resident understands the importance of this case and why we need to work to keep business in Delaware."
The group is continuing its grassroots efforts to get more citizens and legislators to join the growing coalition. At the end of the last legislative session, leaders of Citizens for a Pro-Business Delaware had meetings with high-ranking state legislators from both sides of the aisle and made substantive progress.
The new legislation would impact companies like TransPerfect, which has recorded more than $500 million in sales and has 4,000 full-time employees and operates from over 100 offices worldwide. TransPerfect just reported record-breaking sales in Q2 and sales are up by more than 11% from last year. TransPerfect continues to secure large contracts with major corporations around the world. All of this demonstrates that there was no irreparable harm occurring, which would warrant the dissolution and sale of the company. The less intrusive remedy that is available is to appoint a tie-breaking board member to prevent deadlock.
For more than a year, TransPerfect's employees have been in limbo while this case is litigated. The employees are fighting to keep this company together, since a significant number of jobs could be lost if the company is sold to another firm.
Contact: Patrick Muncie (Tusk Strategies); 212-966-5161
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SOURCE Citizens for a Pro-Business Delaware