Altria Group (previously named Philip Morris Companies Inc) is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates.
Altria Group was created through a rebranding of Philip Morris in 2003 when the company wanted to emphasize that it had a portfolio of more than just tobacco products.
The rebranding was done during a time of social, legal, and financially troubled times for the company.
Altria owns the largest cigarette company in the United States, controls about half the U.S. cigarette market, and sells Marlboro, the world’s #1 selling cigarette brand.
The company also manufactures, markets, and sells cigarettes under the brands Parliament, Virginia Slims, and Basic brands. Altria also manufactures cigars, pipe tobacco, smokeless tobacco products, and wine.
Altria is #159 on the Fortune 500, is a member of the S&P 500, trades publicly on the New York Stock Exchange under the symbol MO, has 9,000 employees, and had $17.70 billion in revenue in 2013.
Altria Group
Altria Group (previously named Philip Morris Companies Inc) is the parent company of Philip Morris USA, John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates.
Altria Group was created through a rebranding of Philip Morris in 2003 when the company wanted to emphasize that it had a portfolio of more than just tobacco products.
The rebranding was done during a time of social, legal, and financially troubled times for the company.
History
Altria owns the largest cigarette company in the United States, controls about half the U.S. cigarette market, and sells Marlboro, the world’s #1 selling cigarette brand.
The company also manufactures, markets, and sells cigarettes under the brands Parliament, Virginia Slims, and Basic brands. Altria also manufactures cigars, pipe tobacco, smokeless tobacco products, and wine.
Altria is #159 on the Fortune 500, is a member of the S&P 500, trades publicly on the New York Stock Exchange under the symbol MO, has 9,000 employees, and had $17.70 billion in revenue in 2013.