Altria, PM International Agree to Manufacturing Pact
The companies said the deal will expand cross-border production and could benefit U.S. profits through the double duty drawback tax rebate.
6 Articles
6 Articles
Altria, PM International agree to manufacturing pact
A fast-growing piece of business for Altria’s South Richmond cigarette plant is getting a big new customer, while that customer, in turn, will be making cigarettes for Altria in its plants – all located outside the United States.
Altria, Philip Morris International sign contract manufacturing deals - Regional Media News
By Emma Rumney LONDON, Aug 24 (Reuters) - Philip Morris International and Altria said on Monday they had entered contract manufacturing arrangements with one another, as Altria looks to grow cigarette imports and exports and take advantage of a tax rebate. The rebate, known as the "double duty drawback", allows U.S. tobacco companies exporting their products outside the U.S. to claw back federal excise taxes paid on domestically sold products, o…
Altria, Philip Morris International sign contract manufacturing deals
By Emma Rumney LONDON, Aug 24 (Reuters) - Philip Morris International and Altria said on Monday they had entered contract manufacturing arrangements with one another, as Altria looks to grow cigarette imports and exports and take advantage of a tax ...
Philip Morris International Announces Contract Manufacturing Collaboration with Altria
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