Categories
· Business (Tobacco)
USA, by State
· New York
· Virginia
Organizations
· MO
|
Shift to Henrico helps area keep the Fortune 500/1000 presence here on an even keel
Jump to full article: Richmond (VA) Times-Dispatch, 2008-03-31
Author: JOHN REID BLACKWELL TIMES-DISPATCH STAFF WRITER
Intro: When the lights go on at the Altria Group Inc. headquarters today, they will signal the arrival of the latest Fortune 500 company to the Richmond area.
Altria bid farewell Friday to New York City and joins its Henrico County-based subsidiary, Philip Morris USA, the nation's largest cigarette maker, in Virginia.
The move was expected, having been announced as a next step after Altria spun off its international cigarette division. Philip Morris International became a stand-alone unit Friday.
The relocation won't bring many employees to the Richmond area -- company officials have said only a small number made the move from New York. Philip Morris USA had 5,630 full-time equivalent employees in the Richmond area as of Jan. 1.
Jump to full article » |