Montréal, May 25, 2015 – Montréal International (MI) welcomes Framestore’s decision to expand in Greater Montréal. The British company, a world leader in visual effects and film and television animation, plans to add 150 new jobs and double its staff in the region.
On hand for the announcement made by William Sargent, co-founder and CEO of Framestore, were Philippe Couillard, Premier of Québec; Jacques Daoust, Minister of the Economy, Innovation and Exports; Robert Poëti, Minister Responsible for the Montréal Region; and Dominique Anglade, President and CEO of Montréal International. “We have received a very warm welcome here in Montréal and we are honoured to welcome the Premier and our partners to our recently extended studio. Support from the government of Québec is key to expanding our activities in this exciting, creative city,” said Mr. Sargent.
“Framestore’s success highlights what the region has to offer to attract foreign businesses and help them expand, including a pool of highly skilled and creative talent, outstanding technological expertise and a competitive business environment,” said Dominique Anglade, President and CEO of Montréal International. “Having key players such as Framestore in the region allows Greater Montréal to shine across the world and position itself as a leader in high value-added industries,” added Ms. Anglade.
Greater Montréal’s visual effects industry has seen 24% annual job growth following the 2009 tax credit increase and subsequent arrival of international players like Framestore, Cinesite, Technicolor and Atomic Fiction. “Such companies create a lot of value for Québec because they invest more in wages and intangible capital, i.e., R&D, technology transfers, training and professional development,” explained Ms. Anglade.
Framestore opened its Montréal subsidiary in 2013 to support its growth in film production in North America. Recent Framestore projects include Paddington (Paul King), Jupiter Ascending (Andy and Lana Wachowski), RoboCop (José Padilha), and Edge of Tomorrow (Doug Liman).
Created in 1986, Framestore is an Oscar-winning visual effects company that uses innovative talent and technology to create high-end images for all platforms. Framestore partners with clients ranging from Hollywood studios through to advertisers, ad agencies, production companies and video game developers. In addition to being recognized for its globally celebrated visual effects, Framestore has more recently made its name as an innovator in the digital space by focusing on the immersive engagement potential of interactive visual effects. Today, Framestore is one of the top visual effects and animation studios in Europe.
About Montréal International
Montréal International (MI) acts as an economic driver for Greater Montréal to attract foreign wealth while accelerating the success of its partners and clients. Its role is to attract foreign investment, international organizations and skilled workers to Greater Montréal, and promote the region’s competitive environment. MI also works to find the best ways to position the region as an attractive investment destination, and make recommendations to various levels of government to support Québec’s job-creating, high-value-added industries.
Created in 1996, Montréal International is a non-profit organization funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community) and the City of Montréal.