Hanks will present kudo Jan. 20 at the Century Plaza Hotel

The Producers Guild of America has tapped Universal Studios prexy Ron Meyer to receive the 2007 Milestone Award.

Tom Hanks will present the kudos at the 18th annual PGA Awards Jan. 20 at the Century Plaza Hotel.

The Milestone Award recognizes historical contribution to the entertainment industry. Past recipients include Clint Eastwood, Steven Spielberg, Jeffrey Katzenberg and Jack Valenti.

Meyer has been president and chief operating officer of U for the past 12 years.

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