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Companies Relocating To NC For More Advantageous Workers' Compensation Laws

Posted by Christopher Shumate | Dec 17, 2012 | 0 Comments

The N.C. House Tort Reform Committee is expected to vote on HB 709 Thursday (05/12/11). As previously noted, this is a terrible proposal lobbied by the insurance industry to shift the costs of workplace injuries onto taxpayers and Medicare/Medicaid/Social Security Disability.

The sponsors of HB 709 have continued to blatantly lie to their constituents about the ramifications of this proposal. The bill's proponents have also misrepresented the need for the "reform". Ironically, as the Committee prepares to vote on the bill, Illinois companies are relocating to North Carolina for a more lucrative economic climate and more favorable workers' compensation laws.

Bloomington, Illinois based Electrolux is relocating to North Carolina. Tom Mercier, the President of Bloomington Offset Process Inc. (BOPI) noted his company operates in the business-to-business market. Thus, they would potentially follow other companies who relocate. Electrolux is taking over Fifth-Third Bank's University office space, as the bank is consolidating office space and relocating uptown. Fifth-Third Bank's move is yet another example of a North Carolina corporation becoming further entrenched in NC's favorable economic climate.

The message is clear - North Carolina has a very competitive economic package to offer businesses. Companies that are here are growing, despite a difficult overall economic period. Other businesses are relocating from around the nation. Yet, your NC legislature has their own agenda; Hmm...

If you would like to discuss the pending workers' compensation legislation, please contact our office. If you have sustained an injury, whether in an auto accident or at work, it is important that you promptly speak with a Charlotte personal injury lawyer regarding the circumstances of your situation.

FoxIllinois.com, Businesses wait while Illinois lawmakers talk about workers' comp, 05/04/11

WCNC.com, Electrolux moving headquarters to charlotte, 12/16/09

About the Author

Christopher Shumate

Mr. Chris Shumate is a native of Gastonia, North Carolina, and worked various jobs while pursuing his undergraduate and Juris Doctor education, including several heavy manual labor and skilled trade positions. In his practice, Mr. Shumate often encounters circumstances where these prior experiences are helpful in representing you. Upon graduating law school from the University of South Carolina, Mr. Shumate joined one of the Carolinas' larger defense firms, where he represented a diverse set of employers and insurance companies in civil cases and workers' compensation claims across the Carolinas. Chris utilized this experience to obtain a working knowledge of the insurance industry, and build personal contacts used today in representing you. Mr. Shumate ultimately decided he wanted to focus his law practice on assisting those who have been injured, and doing so with the focus on a personal relationship that is uncommon in the bigger firms. Mr. Shumate's also has a passion for assisting those facing the challenges of the criminal legal system. By representing individuals in a variety of criminal and traffic matters, Mr. Shumate works to achieve the best possible result for each client regardless of the charges levied by the prosecution. Chris has tirelessly pursued his mission of helping people from all walks of life throughout the Carolinas with a variety of legal matters. If you are interested in learning more about Chris Shumate and The Shumate Law Offices, please contact us at 704.371.5059. We look forward to assisting you to achieve a positive result in your legal concern. Education J.D., University of South Carolina B.S., University of South Carolina Jurisdictions Admitted to Practice N.C. State BarS.C. State BarU.S. District Court Western District of North Carolina Professional & Bar Association Memberships N.C. Bar Association S.C. Bar Association Mecklenburg County Bar N.C. Academy Of Trial Lawyers American Association For Justice

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