Jump to full article: Philip Morris USA, 2010-03-11
Intro: Philip Morris USA has been in operation since 1847. Since 1983, PM USA has been the largest cigarette manufacturer in the United States.
PM USA is focused on responsibly manufacturing and marketing its brands to adult tobacco consumers in a financially disciplined way. In 2008, PM USA's retail cigarette share grew 0.1 share point to 50.7 percent.
U.S. cigarette industry volume declined about 4% in 2008. Nevertheless, the cigarette industry accounted for an estimated $70 billion in consumer expenditures in 2008 and had an estimated industry profit pool of $9 billion in pre-tax income.
Our cigarette product portfolio is led by Marlboro. It is the number one cigarette brand in every state and the number one cigarette brand for men and women across all adult age groups. . . .
2008 U.S. Cigarette Industry Facts
* Approximately 45 million adults in America smoked cigarettes
* U.S. consumers spent an estimated $70 billion annually on cigarettes
* We estimate that cigarette industry before-tax profits exceeded $9 billion
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