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Philip Morris USA Inc. · Richmond, VA United States

Company Description

6601 W. Broad St.
Richmond, VA
23230
United States (Map)
Phone: 804-274-2000
Fax: 804-484-8231
Toll Free: 800-343-0975
    View Philip Morris USA Inc. Locations On A US MapThis link will open in a new window
    Many Americans who smoke end up flicking the butt of this company's premium product when they're done. Philip Morris USA, a subsidiary of cigarette giant Altria Group, is the #1 cigarette maker in the US and controls half the nation's cigarette market. Its Marlboro brand, alone, accounts for about 40% of cigarette retail sales in the country. Its 15 other brands include Virginia Slims and Parliament, as well as discount brand Basic. Like others in the industry, Philip Morris faces rising state and federal excise taxes that continue to boost the cost of lighting up. Rising prices have some smokers turning away from their name brands in favor of discount smokes. To read the full description, subscribe now.
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    Key Philip Morris USA Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$18,753.0
    Employees7,300

    Philip Morris USA Inc. Executives

    13 executives listed for Philip Morris USA Inc.'s Richmond, VA location.
    TitleName & BioContact
    Catherine KoshlandNetwork
    Barry SloaneNetwork
    John DaltonNetwork

    Competition

    Competitive Landscape for Philip Morris USA Inc.
    Demand is driven by discretionary consumer spending and awareness of the health effects of smoking. The profitability of individual companies depends on effective marketing. Large companies enjoy economies of scale in manufacturing and in their ability to offer wider ranges of products. Small companies can compete effectively through heavy discounting, through clever branding and packaging, and by exploiting niche categories such as pipe tobacco and additive-free cigarettes. The industry is highly capital-intensive: average annual revenue per worker for a typical company is $1.5 million. To read the full description, subscribe now.
    Top Philip Morris USA Inc. Competitors
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