January 30, 2015 5:42 AM ET


Company Overview of Philip Morris USA Inc.

Company Overview

Philip Morris USA Inc. manufactures cigarettes and smokeless tobacco. It offers its products through retailers. Philip Morris USA Inc. was formerly known as Philip Morris Domestic and changed its name to Philip Morris USA Inc. in January 1968. The company was founded in 1847 and is based in Richmond, Virginia. It has additional offices and manufacturing facilities in Richmond, Virginia; and Clyde Park, Montana. Philip Morris USA Inc. operates as a subsidiary of Altria Group Inc.

6601 West Broad Street

Richmond, VA 23230-1701

United States

Founded in 1847





Key Executives for Philip Morris USA Inc.

Chief Executive Officer and President
Age: 43
Senior Vice President of Smokeable Manufacturing
Vice President and General Manager of Marlboro
Compensation as of Fiscal Year 2014.

Philip Morris USA Inc. Key Developments

Nashville Attorney Wins Sue Against Philip Morris USA Inc. and R.J. Reynolds

Kenneth Byrd, a Nashville attorney from Lieff, Cabraser, Heimann & Bernstein, has won a $41.4 million judgement against tobacco company's Philip Morris USA and R.J. Reynolds. Byrd was the lead counsel in a liability suit that spun out of a Florida class-action suit in 2006.

Illinois Supreme Court Grants Review of the Price Case Against Philip Morris USA

The Illinois Supreme Court granted review in the Price case to decide whether its 2005 dismissal of that case against Philip Morris USA (PM USA) should remain in place. In April, an intermediate state appellate court overturned a decade-old decision of the Illinois Supreme Court dismissing the Price case. The appellate court further held that, as a result of the case being reopened, the original judgment should be reinstated. That decision remains stayed while on appeal. In 2003, a Madison Circuit Court judge sitting without a jury found that PM USA had deceived Illinois smokers in purchasing Marlboro Lights and Cambridge Lights cigarettes and imposed a $10.1 billion judgment. In 2005, the Illinois Supreme Court reversed the judgment in favor of PM USA.

Philip Morris USA to Build $50 Million Warehouse in Virginia

Philip Morris USA announced plans to build a $50 million facility to store tobacco leaves near its headquarters outside of Richmond.

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