Tag Archives: cigarettes

Altria Sells Cigarette Plant for $68.5 Million

Philip Morris USA sold last week its cigarette plant in Concord, N.C. for a price of $68.5 million to Victory Industrial Park.  The plant was inactive for five years and it  includes 3.5 million square feet of buildings. Altria Group Inc., the Philip Morris parent company, in 2009 closed the plant in the city of Concord and Cabarrus County north … Continue reading Continue reading

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Famous People in Vintage Cigarettes Ads

50 years ago, on January 11, 1964, U.S. Surgeon General Luther Terry released a report on the negative effects from smoking tobacco. When you look at cigarettes ads of 20th century you just get surprised about the attitude people had towards cigarettes. Cigarettes and smoking were so cool that many famous people advertised them. Take a look at them and … Continue reading

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Altria Group Maintains Its Stands

Altria Group Inc is the maker of the famous Marlboro cigarette brand, that is sold in the U.S. and many countries of the world. Altria Group owns Philip Morris USA, the leading cigarette manufacturer in the U.S. In 2008, it spun off Philip Morris International in order to increase opportunities in other countries. However, in spite of this, Altria Group … Continue reading

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Hawaii County Raises Tobacco Sale Age to 21

Last week Billy Kenoi, the mayor of Hawaii, signed a Bill 135 that increases the tobacco sale age to 21, that comes into action from July 1, 2014.  Thus Hawaii County will join three other counties in the USA (two Massachusetts towns and New York City) to ban tobacco sales to young people under 21 when the law goes into … Continue reading

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Philip Morris to Buy Russian Stake

In order to increase volumes, tobacco companies try to invade new markets. Thus two giant tobacco manufacturers, Philip Morris International and Japan Tobacco International, have declared that they have agreed to buy minority stakes in their Russian distributor Megapolis. Megapolis is main distributor of cigarettes in Russia, with 70% share in the Russian tobacco market. It has agreements with world … Continue reading

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Tobacco Companies Enter Myanmar Market

It is estimated that 50% of population in Myanmar do consume different kinds of tobacco. Most people use chewing tobacco and cheroots. As to filtered cigarettes, mostly they are used in cities. The anti-tobacco legislation is weak in the country and therefore numbers of smoking people are high. After the military rule fell in Myanmar, large tobacco companies started to … Continue reading

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Philip Morris Presented Its Latest Report

At the beginning of this week Philip Morris International Inc. the leading tobacco company, announced about its profit rise by 5%. Respresentatives of the company say that higher prices helped to equalize drop in the number of cigarettes it sold. In the quarter that ended on September 30, the manufacturer of Marlboro cigarettes and many other cigarette brands reported an … Continue reading

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Tobacco Sales Down in Minnesota, up in North Dakota

Since in Minnesota there were increased taxes on tobacco products, North Dakota reported cigarettes sales increase.  Therefore, it is too early to say if the tax increase has reduced the number of smokers.  North Dakota Tax Commissioner’s Office says that the number of cigarettes sold by distributors to retailers in August and September 2013 were up 12% and 5.5% respectively, … Continue reading

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Illinois Cigarette Tax Revenue Increased Last Month

State officials said that in July cigarette tax revenue in Illinois more than doubled in comparison to the same period in 2012. According to data released at the beginning of the week by the Commission on Government Forecasting and Accountability, last month revenue achieved $30 million. In 2012 it achieved $12 million State Journal-Register wrote that the increase is explained … Continue reading

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Philip Morris Strengthens its Presence in Emerging Markets

Imperial Tobacco, Philip Morris International and British American Tobacco are top cigarette makers in the world. In the last quarter of 2013, the implementation of anti-tobacco laws which restrict cigarette usage along with sagging demand for cigarettes because of economic crisis reduced profits for major tobacco makers. However, in these conditions British American Tobacco managed to stay ahead of both … Continue reading

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