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Altria strikes $150M deal with Japan Tobacco
Joint venture will produce heated-tobacco devices for global market
Altria Group Inc., the Henrico County-based tobacco giant, announced Thursday it is partnering with Japan Tobacco Group to sell heated tobacco products in the U.S. and worldwide, placing Altria in
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Juul settles with Va., 32 other states for $438.5M
E-cig company is partly owned by Altria Group
Published
After a two-year investigation, ongoing federal scrutiny and numerous lawsuits, Juul Labs Inc. tentatively settled with Virginia, 32 other states and Puerto Rico for $438.5 million on Tuesday. Virginia will
Where there’s smoke
Altria faces regulatory challenges, revenue woes
Published
Updated Sept. 1, 2022 Henrico County’s Altria Group Inc. advertises on its website that it is “moving beyond smoking,” although the owner of Philip Morris USA still is one of
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Altria converts Juul nonvoting shares to voting shares
Henrico-based tobacco products manufacturer says it will not take active role until FTC complaint is resolved
Published
Henrico County-based Altria Group Inc. has converted its nonvoting shares of e-cigarette leader Juul Labs Inc. to voting shares, the company announced Thursday. However, Altria said it does not plan
Juul Labs moving HQ from San Francisco to D.C.
Henrico's Altria Group holds 35% stake in e-cigarette manufacturer
Published
E-cigarette manufacturer Juul Labs Inc. is moving its company headquarters from San Francisco to Washington, D.C., a fact first reported Tuesday by the Wall Street Journal. Henrico County-based Altria Group