Philip Morris (PM) Shutting Down Its Largest Production Facility

U.S. cigarette maker Phillip Morris Int’l (PM) said Friday it will shut down its cigarette production at its factory in the Netherlands, the Wall Street Journal reports. The closure of the company’s largest production facility worldwide will result in 1,230 job losses, about 90% of its total workforce there. Production will move to other factories […] View the full post at: Philip Morris (PM) Shutting Down Its Largest Production Facility Related posts: Circuit City Considers Shutting 150 Stores to Avoid Bankruptcy Apple Doubles its iPhone Production Watch Out Big Tobacco: The Next Big Story Stock Could Be Here
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