Altria's PM USA strikes manufacturing deal with PMI affiliates
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Altria Announces Arrangement with Philip Morris International to Enhance Operational Efficiency
August 24, 2026 7:00 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (Altria) (NYSE: MO) today announced that Philip Morris USA Inc. (PM USA) has entered into a contract manufacturing arrangement with non-U.S. affiliates of Philip Morris International Inc. (PMI) (NYSE: PM) that is intended to enhance the efficiency of PM USAs traditional tobacco product operations.
The arrangement supports our 2028 Enterprise Goals by enhancing operational capabilities, generating economic benefits to support investment in our Vision and strengthening capabilities that could be transferable to our international nicotine efforts. We... More
