Reported about 2 months ago
Philip Morris International has announced a $232 million investment to increase the production capacity of its ZYN nicotine pouches at its Owensboro, Kentucky plant, in response to strong demand. This follows a $600 million investment for a new manufacturing facility in Colorado. The Kentucky expansion is expected to be completed by the second quarter of 2025, allowing the facility to operate continuously and bolster ZYN's production by around 900 million cans for the year.
Source: YAHOO