State could help local film industry - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

12.9.03

State could help local film industry

The state may be stepping in to help Wilmington's ailing film and television industry.

Big-budget films and television shows are moving to places like Canada, where governments offer enormous tax incentives and lots of cash up front. And Wilmington is losing out.

It's not just entertainment. The state could not make a sweet enough offer to bring a new Boeing jetliner production plant to Kinston.

This week, lawmakers are holding a special session, brainstorming for ways to help North Carolina land more big-ticket companies and projects.

"You have to be competitive," says UNC-Wilmington economist Claude Farrell. "If you snooze, you lose. You have to play the game. There's no having it both ways."

The state may start its incentive effort with a plan that could bring a $300 million drug company to the triangle area.

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