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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

New RED Ranch...

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Arthur Loring said:
What ever happened with RED RANCH??????
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Something may be still in the works, but Jim/RED bought Renmar studios in downtown Hollywood, so that may have become the replacement for a lot of what they were planning in Vegas.
 
Michael Hastings said:
Something may be still in the works, but Jim/RED bought Renmar studios in downtown Hollywood, so that may have become the replacement for a lot of what they were planning in Vegas.
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Yeah I remember Jim saying that they decided to substantially scale back plans for Vegas after purchasing Renmar Studios.
 
I'd love to work here to do anything, I don't mind living in a tent on the outskirts of the RED fortress, and making a living cleaning toilet bowls inside the facilities with my toothbrush, at least people would know my work is good because I have an electric toothbrush ;)
 
Jannard said:
RED Ranch facilities will support design, engineering, manufacturing, sales, service and operations... plus a soundstage, restaurant, town center and limited housing on an 80 acre site.
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Sounds like now we know where EPIC will be made. And yes, it is funny said they scaled back the plans for the ranch when they bought RED STUDIOS, LA.

Jannard said:
Opening is scheduled for 2010.

Jim
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Um, there are only 49 days left in 2010. Is this a typo, or has stealth construction been ongoing and its close to RIBBON CUTTING TIME?

If the latter, then Im going to start mistrusting Jim saying (at least 2 times this past week) "we are terrible at delivery dates. :)
 
Another factor to consider is that Commercial Real Estate in Las Vegas has plummeted in value and in order to build you have to factor in the current rental market for the many vendors and tenants that would have moved in. So you're competing against the current market rates which, I suspect, would mean that the Ranch would have to operate at a substantial loss for quite a few years before construction costs could be covered. Jim told us that the Ranch is still in the works, but he confirmed that they are revising the development plan.
 
Michael Schrengohst said:
The cost of doing business in California is about 30 percent higher than in the average Western state, largely because of higher wages and benefits, according to the study.
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I will not hijack this thread.
I will not hijack this thread.
I will not hijack this thread...

But really, doesn't this sound like "the US is becoming a 3rd world country because US companies refuse to pay much above subsistence wages to US workers"??

Chris
 
Anyone looking to build a factory here in the US right now have access to competitive tax breaks and state and local government incentives and their pick of commercial real estate in which to house it. If you want to build a piece of high tech gear domestically, as Red has confirmed is the plan for Epic, you literally have your pick of where to do that. Red has facilities in Lake Forest, CA, Austin TX, Hollywood CA, and in San José CA. Any one of them could house Epic manufacturing. But it makes sense to get the best deal on taxes and other incentives because a factory is all about labor costs. That's the only part of the product that doesn't have a fixed cost.
 
Hey Jim, can you do phase two on Maui? We've got way too many sugarcane fields : )
 
Jeff Coatney said:
Anyone looking to build a factory here in the US right now have access to competitive tax breaks and state and local government incentives and their pick of commercial real estate in which to house it. If you want to build a piece of high tech gear domestically, as Red has confirmed is the plan for Epic, you literally have your pick of where to do that. Red has facilities in Lake Forest, CA, Austin TX, Hollywood CA, and in San José CA. Any one of them could house Epic manufacturing. But it makes sense to get the best deal on taxes and other incentives because a factory is all about labor costs. That's the only part of the product that doesn't have a fixed cost.
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Circuit boards would normally be farmed out so can be at lower wage places anyway. Same with machining although I don't think you would save that much per unit over just buying the Cnc and doing it in house in oc or Hollywood. A $25 to $40K haas minimill (haas is a major cnc mfg right there in california) only takes up about six feet by six feet and can probably crank out an epic top or side panel every 10-20 minutes, twenty to 25 in a 2000sq ft space could crank out LOTS of bodies fast for the purchase price of about that many cameras. How much time can it really take to assemble and test that u would save more than a couple hundred dollars? Not to mention there seems to be dozens on Reduser that would do it for free :-)
 
Being in Nevada has huge immediate benefits and huge potential benefits. First, the obvious is no state taxes. Not so obvious is the capital equipment deductions available right now. Less immediate are structring a state of the art studio (ILM) complex, fly in helipad(s), low(er) wages, lots of real estate deals to build production offices, vendor warehouses, shops, etc. In fact, 15 acres is probably too small. And now is the time to buy. Look at all those Epic deposits they are sitting on.
 
Tim Duran said:
Being in Nevada has huge immediate benefits and huge potential benefits. First, the obvious is no state taxes. Not so obvious is the capital equipment deductions available right now. Less immediate are structring a state of the art studio (ILM) complex, fly in helipad(s), low(er) wages, lots of real estate deals to build production offices, vendor warehouses, shops, etc. In fact, 15 acres is probably too small. And now is the time to buy. Look at all those Epic deposits they are sitting on.
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It's also about 114 degrees during the day for at least 3-4 months a year. And very cold at night during the winter. People tend to forget some of the main factors that brought the industry to Southern California in the first place: varied terrain and great, reliable weather (not necessarily this year, though..). Not having to deal with constantly scheduling cover days is a big advantage for something like television series production.

Everyone always says "no taxes," but that is hardly the case. No personal income tax, yes. No taxes, uhhh, no.
 
I just read all the thread thinking blimey things really are moving fast, Jim is far zippier than i thought!..i`ve just noticed it started in 2008,not a new recon today! I`m not sure what this makes me,but it must be something.
 
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