Ground broken for Film Factory in New Orleans

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Ceremonial groundbreaking took place Thursday in New Orleans for the Film Factory, the largest production studio in the state's history. Owned and operated by Lift Prods., a Louisiana-based company that has produced and financed numerous movies, the studio is a 300,000-square-foot space that will include four soundstages, as well as a distribution house, and will be the first facility in the U.S. to house a state-of-the-art training institute on an active motion picture studio lot. According to a recent Tulane University study, the project will create 2,253 direct jobs generating $131 million in earnings as well as 1,517 indirect jobs creating an estimated $116 million in earnings. The $185 million project was initiated in August 2004 and is expected to be completed in fall 2008.
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