Panavision Making Move to Burbank

Camera system manufacturer Panavision Inc. will consolidate its two facilities into a single site in Burbank. The new location has not yet been chosen but the company expects to do that this year and to being the relocation process. Panavision currently operates out of 150,000-square foot building in Woodland Hills and a 23,000-square foot facility in Hollywood. The Burbank location will house the corporate headquarters, camera rental and crane rental operations, manufacturing and research and development. “The upcoming expiration of our current leases provides us with the opportunity to consolidate our Los Angeles-based operations into a new facility in close proximity to many of our studio, television and commercial customers,” said Margit Elo, President, US Operations, Panavision Inc. “This facility will be a reflection of Panavision’s reputation for excellence, innovation and quality. We expect to identify a site in 2009 and commence the relocation process.” Mark R. Madler