The holding company is the parent of Phillip Morris USA, which has half of the country’s tobacco market share. Altria also owns wine company Ste. Michelle Wine Estates, which includes wineries Columbia Crest and Chateau Ste. Michelle.
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News about Altria Group
The company has about 1,500 employees, meaning the bonus works out to about $1.3 million per person at the company.
Making the e-cigarette maker one of Silicon Valley’s most valuable privately held companies.
Tobacco pivots to vaping.
This could change the definition of a good beer buzz.
The company diversifies into what is expected to be a huge growth market.