12 Facts About Altria


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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Altria is the parent company of Philip Morris USA, John Middleton, Inc, US Smokeless Tobacco Company, Inc, and Philip Morris Capital Corporation.

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Altria maintains large minority stakes in Belgium-based brewer AB InBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker Juul.

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In 2003 Altria 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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That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28,2008.

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In 2008, Altria 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's shares traded at over $66 per share, and its market capitalization was valued at over US$118.

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

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

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Altria 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, sits on the Private Enterprise Board of the American Legislative Exchange Council.

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