Marvel Studios has made an agreement with LA-based Raleigh Studios to make its next four films at Raleigh's facility in Manhattan Beach just south of Los Angeles on the coast of California.

The projects named in the agreement are Iron Man 2, Thor, The First Avenger: Captain America and The Avengers.

In addition, Marvel will move its executive and production offices, formerly based in Beverly Hills, to the Manhattan Beach facility.

'In making this deal with Raleigh to produce our upcoming films at the Manhattan Beach Studios, we are most excited about keeping our film production here in California and taking advantage of the best crews in the Los Angeles area,' said Louis D'Esposito, Marvel's president of physical production in a statement.

'All of our production partners on these upcoming films have been incredibly accommodating in terms of their creativity and financial structures, allowing us to remain in California. Raleigh Studios has long been known for the superior quality of its film production facilities and we know that Manhattan Beach will be the ideal location to produce our movies to the highest standards that our fans expect.'

Raleigh Manhattan Beach Studios first opened for operations during 1998. This studio consists of 14 sound stages on 22 acres with an additional 300,000 square feet of office and support space.