Dover, New Hampshire (CNN) – A pro-Gingrich super PAC is set to inject a significant level of third party money into South Carolina with a $3.4 million ad buy in the early voting state to attack the job creation record of GOP frontrunner Mitt Romney.
The ad from "Winning Our Future," which is set to air clips of a film critical of Romney's record as CEO of Bain Capital, will effectively flood the airwaves in the state where between $300,000 and $500,000 buys a week of statewide advertising.
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Former Gingrich campaign aide Rick Tyler, who is running the PAC, told CNN they will run 30 and 60 second spots, using clips from a short documentary "King of Bain," leading up to South Carolina's critical Jan. 21 primary.
The super PAC cannot legally coordinate with the Gingrich campaign but the former House speaker welcomes the outside help.
"Given the weight of negativity that Romney threw at us in Iowa you would be a little bit less than human if you weren't pretty happy. You're now going to see sort of a more even playing field, and we'll see," Gingrich told reporters in Dover Monday.
"King of Bain" accuses Romney of attacking American capitalism by destroying jobs, according to clips of the nearly half hour movie released on YouTube.
"A group of corporate raiders led by Mitt Romney, more ruthless than Wall Street," a narrator in the clip says. "For tens of thousands of Americans, the suffering began when Mitt Romney came to town."
Romney, the former Massachusetts governor, points to his business background to back up his presidential ambitions, asserting he helped create over 100,000 new jobs at the venture capital firm in the 1980s, a figure that he says includes jobs created after he left the firm.
But recent reports have suggested the figure does not include positions that were eliminated. When pressed about the controversy at GOP debates over the weekend, Romney said he's a "good enough numbers guy to make sure I've got both sides of that."
A web video from the Democratic National Committee capitalized on those comments Monday, saying the two-time White House hopeful is misleading voters about his past.
"If they knew what he really did – putting profits before people – making a bulk or a few million of them no matter what it took or who it hurt, he could never get elected president," DNC Communications Director Brad Woodhouse said in a statement. "He is running for office, for Peter's Sake."
Democrats from David Axelrod, a senior adviser to President Barack Obama's reelection effort, to DNC Chairwoman Debbie Wasserman Schultz have zeroed in on his history.
"He's not a job creator, he's a corporate raider," Axelrod said on ABC Sunday. "Those aren't the values that we want to lead our economy."
So far the Gingrich campaign has spent $250,000 in South Carolina airing their "Bold vs. Timid" ad targeting Romney's economic record.
The campaign is set to release a web video Monday morning pointing out the taxes Romney raised while governor of Massachusetts.
Speaking at a house party at the Three River Farm estate, Gingrich reflected on the reason for his fourth place finish last week.
"We proved in Iowa you can't survive by being positive," he said.
And in Derry Sunday night he said, "I was going to stay totally positive, and the truth is I did okay considering the weight of advertising against me. We are actually coming back because part of what happens over time is people get used to it and they go oh that stupid ad again. And so you gradually begin to recover."
News of the super PAC ad was first reported by The New York Times. Team Romney did not immediately respond to a request for comment.
– CNN's Gabriella Schwarz and Peter Hamby contributed to this report.
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