Tobacco

Altria Group subsidiary UST LLC will sell its Ste. Michelle Wine Estates business to private equity firm Sycamore Partners Management for $1.2 billion.

Philip Morris International (PMI) is picking up sticks and moving to the country.

Mishra, previously chief strategy officer, will oversee the United States, Canada and Latin America businesses, marking a new regional structure for the company.

The international tobacco company will utilize a SaaS and cloud-based transportation management solution to complete its end-to-end supply chain strategy.

Jorge Insuasty has been named chief life sciences officer at Philip Morris International, succeeding the retiring John O’Mullane.  

Fortune released its ranking of the 10 Best Large Workplaces in Manufacturing and Production, and this year’s list included two consumer goods companies.

River Logic was tasked with creating a digital twin of the multinational tobacco company's global manufacturing network.

Regularly studying consumer trips and basket-level data in convenience retail could have helped c-store operators recognize the trend and shift their inventory to accommodate consumer buying habits during the pandemic. 

Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements.

Howard Willard, who’s been recovering from COVID-19, is retiring after being with the company for nearly three decades.