Technicolor Opening New Film Lab in Glendale

Technicolor has signed a lease for a new film lab in Glendale as a replacement for one the company is closing in North Hollywood. The facility will be located on Flower Street near the DreamWorks Animation campus and will open this summer, according to the Los Angeles Times. About 100 of the workers from the North Hollywood lab will be rehired at the new Glendale lab, the Times reported. The closure of the North Hollywood comes as Technicolor anticipates a lower volume of film processing work, especially in light of losing a contract to rival film lab Deluxe, and more demand for digital film prints. Technicolor also has film labs in New York, Canada, Europe and Thailand.