Film Services Company Projects Quarterly Loss

American Film Technologies expects to lose $700,000 to $1.2 million in its current quarter due to expenses incurred in moving some of its film-coloring and animation operations to Tijuana. The North Hollywood-based company’s second quarter will end Dec. 31.

American Film Technologies also blamed the loss on lower revenues from its colorization business and the cost of buying out the contract of Joseph M. Taritero, its former chairman and chief executive, who left the company in November.