“This is all about smokers getting satisfaction from these visit homepage alternatives and how many smokers find that an acceptable way to enjoy nicotine instead of smoking tobacco products,” Reynolds CEO Susan Cameron said at a news conference Friday with North Carolina Gov. Pat McCrory. “I think we’ll see this evolve and it’s certainly in growth mode, but how big and how fast, we really don’t know yet.” The nation’s biggest tobacco companies all have entered into the fast-growing electronic cigarette business as part of an industry wide push to diversify beyond the traditional cigarette business, which has become tougher in the face of tax hikes, smoking bans, health concerns and social stigma. Altria Group Inc., owner of the nation’s biggest cigarette maker, Philip Morris USA, plans to expand its MarkTen electronic cigarette brand nationally during the first half of the year. Lorillard Inc., the nation’s third-biggest tobacco company, acquired e-cigarette maker Blu Ecigs in April 2012.
citation: http://abcnews.go.com/Business/wireStory/reynolds-expanding-cigarette-production-23841523
Reynolds Expanding E-cigarette Production – Abc News
29 Thursday May 2014
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