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Lorillard Tobacco Company
The history of Lorillard Tobacco Company began more than two hundred years ago, in 1760. Thus, LTC is considered as the oldest operating tobacco company in the United States.
It was named after its founder, Pierre Lorillard, who was the first entrepreneur to establish a tobacco company in New York City. Now, Lorillard Tobacco Company becomes a private cigarette manufacturer that is located in North Carolina, Greensboro - the largest city in the Piedmont Triad region.
Recently, Lorillard Tobacco Company has become property of Carolina Group (NYSE: CG) and an indirect subsidiary of Loews Corporation.
Lorillard Company started from manufacturing tobacco, cigars and snuff. Today, this cigarette company ranks third among the largest producers of smoking tobacco. Its cigarette brands are distributed on cig markets of all United States as well as Puerto Rico.
Lorillard Company is number one in selling menthol cigarettes under the brand name Newport. The brand list also includes: Kent, True, Old Gold, Maverick, Satin and Max. According to a 2005 study, Newport is still ranked number one by American cig smokers who prefer menthol.
It is important to mention that all cigarette brands are a licensed trademark of Lorillard Licensing Company, LLC.
The annual revenue of Lorillard Tobacco Company is much more than a “millionth”. Only in 2005, the total revenue from cigarettes was 3.64 billion USD.
Now, Lorillard Tobacco Company is growing, and plans to enlarge the distribution of its cigarette products.
Marlboro is one of the most stable cigarette brands that ever existed on the tobacco market. It is a world-famous smoking brand.
Camel cigarettes are the first national (American) smoking brand of R.J. Reynolds Tobacco Company.
Winston is among the leading smoking brands, which are constantly demanded by smokers all around the world.
Marlboro man is an ad character that was used by tobacco producer Philip Morris for Marlboro cigarettes that in fact were initially a ladies' smoking brand.
