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The Pinewood project is a joint venture with River's Rock LLC, which is an independently managed trust of the Cathy family, according to the studio. The Cathy family is known for establishing the Chick-fil-A fast-food restaurant empire based in Atlanta. The chain last year generated both criticism and support when company president Dan Cathy made comments against same-sex marriage. The company later said it would stop funding anti-gay marriage groups. Pinewood's director of strategy and communications, Andrew Smith, noted that the remarks were made in a personal capacity. "Pinewood will be operating and running the facility, and we will operate them to the same and usual standards that we operate all of our studios around the world," Smith said. Construction of the studio is already underway, with the first production set to begin at the new site in January, Smith said. Pinewood will maintain a 40 percent interest in the venture and will provide sales and marketing services under the agreement. Plans call for additional construction phases that could add several more soundstages. The project also includes a vocational job skills training program to help build up the state's workforce. Georgia already has an estimated 5,000 union and non-union professionals associated with the film industry along with more than 1,000 production suppliers and support companies. County officials say 75 companies have been in contact saying they want to locate to the site and provide industry-related services. "We are tremendously excited to be creating a world-class studio in the state of Georgia and are looking forward to working with Pinewood in the many years to come," said Jim Pace, managing partner of the investment group, River's Rock LLC. "The Pinewood brand is so well recognized in the global film industry and together there is a great opportunity to build an excellent facility that will attract the very best producers." The project in Georgia has the potential to be a major economic driver, allowing big-budget films to come to the Peach State. "It takes the state to a whole new level," said Matt Forshee, president of the Fayette County Development Authority, who has been closely involved in the project. "When you look at the films that have filmed in Georgia, for the most part, they have been smaller budget films, in the range of $20-25 million. This allows us to open up to larger budget productions, which means more expenditures occurring within the state, which becomes a bigger return on the investment on the state level for the tax credits."
[Associated
Press;
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