NewCo opens new Indian facility

NewCo and its Indian partner, S.B. Impex, last week officially inaugurated a leaf facility close to Guntur, Andhra Pradesh.

‘We are able to store up to four million kg and to pack hand strip and butted tobaccos of various Indian varieties,’ NewCo said in a press note.

The plant is located on the main road from Guntur to Chennai, about 30 km from Guntur, though the office and mail address remains in downtown Guntur.

It will afford the company better control of its tobacco purchases.