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Former UST Inc.—now U.S. Smokeless Tobacco Co—operating its business from the Richmond area

The nation's largest maker of smokeless tobacco products is now operating its business from Altria Group Inc.'s Henrico County headquarters campus.

About 80 employees of U.S. Smokeless Tobacco Co., the former UST Inc. which Altria bought in January, are moving to the Richmond area, company president Dan Butler said today.

That includes employees from UST's former headquarters in Stamford, Conn. which is closing this year.

About 50 employees are now working at Altria's headquarters annex on West Broad Street, and 30 more are scheduled to arrive this summer to work in Altria's research and technology center in downtown Richmond.

"These are highly skilled profession jobs," Butler said during a news conference at the Altria headquarters today.

"In the headquarters building, we have got financial people and market researchers and manufacturing people," he said. "In the [research center] we have a lot of highly trained scientists."

Altria, the parent company of cigarette maker Philip Morris USA, acquired UST in January for $11.7 billion.

The deal added to Altria's portfolio of businesses, which now includes cigarettes, cigars, moist snuff and wines. As a subsidiary of Altria, UST is now operating under the name U.S. Smokeless Tobacco Co.

 

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