In a statement announcing a formal policy position against House Bill 2 and calling for repeal, the chamber says the company cancelled over the law an expansion that would have brought up to 1,000 jobs to the region.
“The Greater Raleigh Chamber of Commerce opposes HB2 and calls for its immediate repeal,” the statement says. “This legislation is bad for business and bad for North Carolina. We must eliminate the issues this legislation creates. The Greater Raleigh Chamber will work with Gov. Pat McCrory, legislators, and other elected leaders to find a solution that is in the best interest of our region and state while strengthening our commitment to diversity, inclusion, and equality.”
According to the Raleigh Chamber of Commerce, North Carolina has been represented negatively in more than 5,300 media outlets across the country, which have had nearly 8 billion impressions. The North Carolina Convention & Visitors Bureau is reporting over $3.2 million in lost revenues, the chamber says, and more revenue loss is at risk.
In addition to the more than 160 major companies calling for repeal, PayPal has cancelled plans for expansion in Charlotte, costing the city an estimated 400 jobs, and Deutsche Bank has cancelled plans resulting in a loss of 250 committed jobs. Meanwhile, performers such as Bruce Springsteen and Cirque du Soleil are cancelling shows in protest over the anti-LGBT law.
“We are committed to working with our legislators to find the best path going forward, as well as bringing diverse talent to our area,” the statement says. “We will continue to measure the economic impact of HB2, and updates can be found on the Chamber website.”