WILMINGTON, NC (WECT) – An new analysis report conducted by MNP LLP says the filming of Iron Man 3 is responsible for $179.8 million in spending across North Carolina. It also says the film created more than 2,000 jobs in the state.
"These findings are just the latest evidence of the economic benefit that film and television production has meant for North Carolina," said Senator Chris Dodd, Chairman and CEO of the Motion Picture Association of America, in a news release.
The report takes a look at the economic impact of the production filming I the state between December 2011 and December 2012.
"Thanks to a reliable and refundable production incentive, North Carolinians have been able to reap the benefits of direct spending and job creation across the state," said Dodd in a statement." Marvel's Iron Man 3, like so many productions that choose to shoot in North Carolina, generated hundreds of millions of dollars in spending for local businesses in dozens of communities and thousands of jobs for North Carolina workers."
According to a news release, the production is responsible for $104.1 million in labor income across the state. The report goes on to explain that spending associated with the film "engaged 719 vendors in 84 communities across the state."
Iron Man 3 received $20 million in state incentives. Earlier this month, a North Carolina House bill that would end tax refunds for film productions was filed.
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