Economy

PMH to cease cigarette production in Netherlands

NEW YORK (AP) — Philip Morris International will end cigarette production at its factory in the Netherlands as Europeans break the smoking habit for both financial and health reasons.

The company said Friday that it has started talks with employee representatives on a proposal to end production at the factory in Bergen op Zoom. If production is ended, it could impact about 1,230 of the current 1,371 employees.

Philip Morris International Inc., based in New York, reports that in the last four years, cigarette volumes have weakened in Europe due to economic softness, illicit trade and as consumers shifting to cheaper alternative products. The company said that volume recovery is highly unlikely.

Europeans are also quitting. Philip Morris Holland anticipates cigarette production at the factory will end by October.

Related Headlines

  • Time is running short to save Rosie's plant

    Loraine Osborne is a Rosie. She isn't THE Rosie, but she worked as a riveter at the Willow Run bomber plant in Michigan alongside Rose Will Monroe, the inspiration for a ... 

  • factory

    US factory output extended solid gains in March

    U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more ... 

  • Philip Morris Int'l to sell Marlboro HeatSticks

    Philip Morris International Inc. is hoping to capitalize on the growing appetite for alternatives to traditional smokes like e-cigarettes with a new Marlboro-branded product ... 

  • RJ Reynolds vows to fight $23.6B in damages

    The nation's No. 2 cigarette maker is vowing to fight a jury verdict of $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung ... 

Find the best rates

Find your future job here