Would-be movie production company Moon River is in default on the purchase of a film production equipment company, and time is running out for it to meet major milestones as it attempts to build studios in Effingham County.
G.G. Rigsby/Effingham Now Moon River CEO Jake Shapiro, left, speaks with Effingham Industrial Development Authority board member Chap Bennett at a meeting last year.
The acting general manager of Georgia Transformer, the manufacturing plant north of Rincon on Ga. 21 formerly known as EFACEC, said he knew the facility had issues but was surprised at how many problems he found.
Photo courtesy of Rusty O’Quinn- A core type transformer leaves the Georgia Transformer plant on Aug. 4 in Rincon headed for Canada.
Moon River is making progress developing its Effingham County studio site and is becoming a one-stop shop for people wanting to make movies in Coastal Georgia, CEO Jake Shapiro told the Effingham County Industrial Development Authority.
Dennis Webb, left, is the outgoing chairman of the Effingham County Industrial Development Authority. Chapp Bennett, right, is the new chairman. (G.G. Rigsby/Effingahm Now).
Group EFACEC, the Portuguese company that built a power transformer manufacturing plant north of Rincon, has sold the plant and its assets to a company that says it will keep the 250 Effingham County employees and form a strategic alliance with Virginia Transformer Corp.