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Headlines Tagged with ITG Brands 97 headlines found

27 Views

Vaping: Big Tobacco's Big Gamble on the Future

Whether it’s through their legions of lobbyists arguing for new rules and regulations or via a crack team of engineers working on a new, innovative e-cigarette product the world can’t do without, Big Tobacco knows nicotine consumption stands on the precip
Newsweek
added Apr 24, 2016 23:45
33 Views

[North Carolina] ITG Brands confirms plans to cut 375 workers, one-third of production staff

The plant’s 1,100 legacy Lorillard Inc.’s 1,100 production workers have been preparing for such a blow ever since rumors surfaced in March 2014 about Reynolds American Inc. buying their company to acquire Newport, the top-selling U.S. menthol cigarette a
Winston-Salem (NC) Journal
added Apr 23, 2016 22:47
11 Views

[North Carolina] VIDEO: 375 Workers To Be Laid Off From Greensboro's ITG Brands

The company says the layoffs are a direct result of a decrease in the amount of products made. ITG Brands is only producing half as many cigarettes as they once made before the merger with RAI. A spokesperson for ITG Brands, Mark Smith, says they neede
WFMY NEWS 2 (NC)
added Apr 23, 2016 20:37
39 Views

[North Carolina] ITG Brands begins layoffs; 20 salaried employees cut in Greensboro

"When the reciprocal manufacturing agreement we have with Reynolds winds down, production will be further reduced," ITG said Feb. 17. Newport's cigarette volume was 32.9 billion sticks in fiscal 2014. By comparison, the cigarette volume of the four tradi
Winston-Salem (NC) Journal
added Mar 18, 2016 20:09
31 Views

[North Carolina] ITG plans layoffs at Greensboro cigarette production plant

it will lay off an undisclosed number of workers later this year as it contracts to produce brands for Reynolds American. ITG spokesman Mark Smith told news outlets Wednesday that it doesn't have a final number of employees it will likely lay off or an e
WXII Ch. 12 (Winston-Salem, NC)
added Feb 19, 2016 15:58
42 Views

[North Carolina] ITG confirms production job cuts are coming

ITG employees were told during a meeting Wednesday that the reciprocal manufacturing is likely coming to an end as early as June. Reynolds had no comment when asked about the end of reciprocal manufacturing. Employees were reminded that ITG Brands has, b
Winston-Salem (NC) Journal
added Feb 18, 2016 10:59
23 Views

[North Carolina] Imperial says U.S. subsidiary proceeding as planned

However, a leading tobacco analyst questions how much market share ITG has lost from the 10 percent it had at the closing of the Reynolds American Inc.-Lorillard Inc. megadeal.
Winston-Salem (NC) Journal
added Feb 11, 2016 19:25
7 Views

Trading Statement for the three months ended 31st December 2015

Alison Cooper, Chief Executive, commented “We continued to make good progress against our strategic objectives in the first quarter and are well placed to meet full year expectations. We are further sharpening our focus on quality revenue growth and have
Imperial Brands (nee Imperial Tobacco) (uk)
added Feb 11, 2016 16:45
45 Views

[North Carolina] Reynolds, ITG Brands heading in opposite directions since acquiring cigarette brands

With Reynolds introducing Newport line extensions, stepped-up advertising and a strong promotional push, Wells Fargo Securities analyst Bonnie Herzog said Tuesday that Newport could increase its market share.
Winston-Salem (NC) Journal
added Jan 27, 2016 00:17
12 Views

ANNUAL GENERAL MEETING OF IMPERIAL TOBACCO GROUP PLC (PDF)

We delivered another good performance in 2015, creating further sustainable value for our shareholders. This was achieved through the consistent execution of our strategy, which is focused on maximising sales, cost and cash opportunities.
Imperial Brands (nee Imperial Tobacco) (uk)
added Dec 15, 2015 16:23
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