PMI and Altria strike cigarette contract manufacturing deal

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Go back to PMI and Altria strike cigarette contract manufacturing deal

Philip Morris International Announces Contract Manufacturing Collaboration with Altria

August 24, 2026 7:00 AM EDT

STAMFORD, CT--(BUSINESS WIRE)-- Regulatory News:

Philip Morris International Inc. (PMI) (NYSE: PM) today announced that it has entered, through its non-U.S. affiliates, into a contract manufacturing arrangement for combustible cigarettes with Philip Morris USA, an operating company of Altria (NYSE: MO).

The collaboration is expected to leverage the respective combustible cigarette manufacturing capabilities and expertise of both organizations while we continue to focus on delivering a smoke-free future. The first shipments as part of the arrangement are expected to begin early in 2027, subject to... More