Tag: Wilson

  • PMI Announces $37M Upgrade to Wilson, N.C. Facility

    PMI Announces $37M Upgrade to Wilson, N.C. Facility

    Philip Morris International’s U.S. businesses today (October 2) announced a $37 million investment in its Wilson, North Carolina, manufacturing facility to expand operations and strengthen its production of smoke-free alternatives. The Wilson factory currently produces HEETS for IQOS 3.0, the only heated tobacco product authorized by the FDA as a modified risk tobacco product (MRTP) with reduced exposure claims. The new investment will add a production line for TEREA, the consumables for IQOS ILUMA, which is awaiting FDA authorization.

    “Our U.S. manufacturing footprint is critical to producing innovative smoke-free alternatives for adult consumers,” said Stacey Kennedy, CEO of PMI U.S. “We’re proud to increase our investment in Wilson and spur further economic growth in the area.”

    Ryan Simons, President of the Wilson Chamber of Commerce, welcomed the expansion, calling it a sign that Wilson is a place where global companies “can grow and thrive.”

    The Wilson facility employs more than 80 full-time staff and plays a key role in PMI U.S.’s strategy to replace cigarettes with smoke-free alternatives. The company has also announced major U.S. investments in Owensboro, Kentucky, and Aurora, Colorado, totaling more than $800 million and expected to create nearly 1,000 direct jobs.

  • Wilson, N.C., Tobacco Market Opens for 136th Season

    Wilson, N.C., Tobacco Market Opens for 136th Season

    The Wilson, North Carolina, tobacco market opened its 136th season this week with the first bales selling at $1.85 per pound, marking the start of sales at the American Tobacco Exchange and Horizon Limited. Industry leaders said about 75% of U.S. flue-cured tobacco passes through Wilson, cementing its role as the hub of the leaf trade.

    Farmers, buyers, and officials gathered to celebrate the tradition, with U.S. Rep. Don Davis praising tobacco’s impact on eastern North Carolina. “The opening of this market has withstood year after year longer than any of us that are standing here,” Davis said, highlighting the crop’s role in feeding families and funding education.

    Buyers described this year’s crop as strong, with “large, meaty lugs” and solid early demand. Despite concerns over heavy rains in some areas, growers and industry figures said the turnout showed continued enthusiasm for a market that remains “the heart and core” of the region’s economy.