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Cinesite VFX opens Montreal branch

January 20, 2014, 05:27 PM

http://variety.com/2014/biz/news/cinesite-vfx-to-o...

Québec premier Pauline Marois announced Monday that Cinesite is establishing a Montreal subsidiary that will oversee the company’s North American operations. The new Montreal studio will employ at least 200 people, with the potential to reach 250 employees by 2018 with a capital investment of $6.7 million and a payroll investment of $42.4 million. The Quebec government is also providing a $1.2 million interest-free loan to help finance the project.

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