Pinewood Studios expanding to the USA

The Pinewood group, who run the studios that commonly host James Bond productions including the latest outing ("Skyfall"), have struck and deal to expand their enterprises in the USA.

"Today's agreement is another step forward for the Pinewood brand internationally," said Ivan Dunleavy, CEO of Pinewood Shepperton PLC, which has studio in the United Kingdom, Canada, the Dominican Republic, Germany and Malaysia. Recent films shot at Pinewood Studios, based outside of London, include the upcoming Angelina Jolie film, "Maleficent" and "Jack Ryan."

Such an investment in Georgia is predicted prove a boon for the state and as such some pretty sharp tax credits are being promised to the filmmakers who set up shop in the new studios.

Pinewood is also considering a joint venture in China.

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