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Industry Center - Cigarettes
Industry Center > Cigarettes > Lorillard, Inc. Company Profile
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Lorillard, Inc. Company Profile
Newport news provides the best read on Lorillard, the #3 cigarette maker in the US and the nation's oldest continuously operating tobacco firm. Newport, Lorillard's flagship brand, is the #1 menthol cigarette and the second-largest cigarette brand in the US. Newport generates about 91% of Lorillard's sales by volume. Other brands include Kent, Max, Old Gold, Satin, True, and Maverick, its discount brand. Lorillard, which was named Carolina Group until June 2008, accounted for about 22% of sales for former parent company Loews. Loews established Carolina Group in 2002 as a tracking stock for its tobacco holdings and owned 62% of its shares until it spun off Lorillard to Carolina Group and Lowes shareholders.
Headlines for Lorillard, Inc.
Debate on menthol cigarettes crucial to Lorillard
AP - Wed 2:17 pm ET
Lorillard Announces Conference Call Details for its Second Quarter 2008 Earnings
PR Newswire - Mon Jul 21
Lorillard Tobacco Company Comments on Harvard School of Public Health Report
PR Newswire - Wed Jul 16
[external] UPDATE - Menthol is used to hook young smokers - study
at Reuters - Wed Jul 16
More Headlines...
More on Lorillard, Inc.
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Contact Information
Address: 714 Green Valley Rd.
Greensboro, NC 27408-7018
Phone:336-335-7000
Fax:336-335-7550
Financial Highlights
Fiscal Year End:December
Revenue (2007):864.20 M
Employees (2007):3,100
Key People
Chairman, President, and CEO: Martin L. (Marty) Orlowsky
EVP Marketing and Sales: Randy B. Spell
SVP Legal and External Affairs, Secretary, and General Couns: Ronald S. Milstein
Industry Information
Sector: Consumer Goods
Industry: Cigarettes
Top Competitors
Commonwealth Brands, Inc.
Philip Morris USA Inc.
Reynolds American Inc. (rai)
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