10 Facts About Altria Group


Altria Group, Inc is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products.

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Company's branding consultants, the Wirthlin Altria Group, said: "The name change alternative offers the possibility of masking the negatives associated with the tobacco business", thus enabling the company to improve its image and raise its profile without sacrificing tobacco profits.

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In 2003 Altria Group was ranked Fortune number 11, and has steadily declined since.

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In 2010 Altria Group ranked at Fortune number 137, whereas its former asset, Philip Morris International, was ranked 94th.

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In 2008, Altria Group officially moved its headquarters from New York City to Richmond, Virginia, after Philip Morris sold its downtown offices in New York City a decade earlier.

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Altria Group's shares traded at over $66 per share, and its market capitalization was valued at over US$118.

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Altria Group said that it planned to keep around 750 employees in its former headquarters.

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Altria Group now has its head offices in an unincorporated area of Henrico County, Virginia, near Richmond.

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Altria Group funded The Advancement of Sound Science Coalition which lobbied against the scientific consensus on anthropogenic climate change.

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Daniel Smith, representing Altria Group, sits on the Private Enterprise Board of the American Legislative Exchange Council.

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