July 27, 2016 1:46 PM ET

Tobacco

Company Overview of Philip Morris Fortune Tobacco Corp. Inc.

Company Overview

Philip Morris Fortune Tobacco Corp. Inc. manufactures cigarettes. The company was founded inn 2010 and is based in the Philippines. Philip Morris Fortune Tobacco Corp. Inc. is a Joint Venture between Philip Morris Philippines Manufacturing Inc. and Fortune Tobacco Corporation.

27th Floor, Tower One, The Enterprise Centre

6766 Ayala Avenue corner Paseo de Roxas

Makati City

Manila,  1200

Philippines

Founded in 2010

Key Executives for Philip Morris Fortune Tobacco Corp. Inc.

Compensation as of Fiscal Year 2016.

Philip Morris Fortune Tobacco Corp. Inc. Key Developments

PMFTC, Inc. to Cut 640 Jobs as it Restructures Domestic Operations

The Philippine affiliate PMFTC Inc. of Philip Morris International Inc. said that it would cut 640 jobs, or nearly 13% of its work force in the country, as it restructures cigarette manufacturing operations at its Marikina plant in Metro Manila. The plant, which employs 1,640 workers in all, will see its work force reduced to 1,000 once the job cuts take effect on Feb. 15, 2015. The affected employees would be given generous separation packages, well in excess of the legal requirements.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Philip Morris Fortune Tobacco Corp. Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.