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The Lorillard hogshead in 1789 featuring a Native American smoking Lorillard Snuff Mill, built 1840, photo 1936. The company was founded by Pierre Abraham Lorillard in 1760. In 1899, the American Tobacco Company organized a New Jersey corporation called the Continental Tobacco Company, which took a controlling interest in many small tobacco companies. [4]
Pierre Abraham Lorillard (1742 – 1776) was a French-American tobacconist who founded the business which developed into the Lorillard Tobacco Company, which claimed to be the oldest tobacco firm in the United States and in the world. [1] [2] His name is also sometimes given as Peter Abraham Lorillard, [3] Peter Lorillard and Pierre Lorillard I.
The Lorillard firm was founded by Pierre Abraham Lorillard in 1760. His two sons, Peter and George, took over after he was killed during the American Revolutionary War, and they moved the manufacturing portion of the business to this location in the Bronx in 1792. [3] Peter Lorillard III built a forty-five room mansion, stone cottage and ...
For the first time, the FDA has authorized the marketing of a new tobacco product via its substantial equivalence (SE) pathway, opening the door for Lorillard to begin selling its new Newport Non ...
Cigarette maker Lorillard (NYS: LO) reported an 18% jump in its second-quarter earnings on the back of higher sales of its Newport and Maverick brands. However, the company warned that its third ...
By MICHAEL FELBERBAUM RICHMOND, Va. (AP) - Joe Camel is bulking up to take on the Marlboro Man. Camel cigarette maker Reynolds American Inc.'s $25 billion deal to buy Newport maker Lorillard Inc ...
In 2015, the R.J. Reynolds Tobacco Company acquired Newport and the entire Lorillard Tobacco Company for $27.4 billion. [6] [7] Until June 2016, ITG Brands continued to make Newports for Reynolds in the former Lorillard plant in Greensboro, North Carolina. [8]
The tobacco industry continues to be under pressure, with most companies posting not-so-satisfactory results. However, Lorillard reported exceedingly healthy results in its recent quarter.