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Altria to sell winemaking division for $1.2B
Washington-based Ste. Michelle Wine Estates brands include Chateau Ste. Michelle, 14 Hands, Columbia Crest
Henrico County based Altria Group Inc. announced Friday that it has entered into a definitive agreement to sell its Ste. Michelle Wine Estates winemaking division for $1.2 billion to New
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Altria names first woman as board chair
Kathryn B. McQuade will replace Thomas Farrell
Published
Kathryn B. McQuade will be the first woman to chair Altria Group Inc.’s Board of Directors, the Henrico County-based tobacco product manufacturing company announced Monday. She will be elected at
Dominion Energy’s Tom Farrell to retire from Altria board
Farrell had served as Altria's board chairman since April 2020
Published
Dominion Energy Inc. Executive Chair Thomas F. Farrell II is retiring from Altria Group Inc.’s board of directors, which he has chaired since April 2020. Farrell has served on the
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Altria donates $3M to Better Housing Coalition
Richmond nonprofit to build affordable housing units
Published
The Richmond-based nonprofit Better Housing Coalition (BHC) announced Monday it has received the largest corporate gift in its 33-year history — a $3 million gift from Henrico County-based Fortune 500
FDA authorizes sale of Altria’s IQOS 3 device
System heats tobacco instead of burning it
Published
The third generation of Altria Group Inc.’s IQOS tobacco heating system device has been authorized for sale in the United States by the U.S. Food and Drug Administration, the Henrico
Altria converts Juul nonvoting shares to voting shares
Henrico-based tobacco products manufacturer says it will not take active role until FTC complaint is resolved
Published
Henrico County-based Altria Group Inc. has converted its nonvoting shares of e-cigarette leader Juul Labs Inc. to voting shares, the company announced Thursday. However, Altria said it does not plan
Dominion Energy, Altria commit grant funding for small businesses
Altria pledges $675K for Richmond-area nonprofits, while Dominion pledges $600K to RVA, Hampton Roads businesses
Published
Updated 2:30 p.m. Aug. 27 Two Virginia corporate giants announced details Thursday on funding for small businesses in Richmond and Hampton Roads affected by protest-related damage and ongoing coronavirus hardships.
Altria’s tobacco heating system approved as ‘modified risk’ product
FDA says IQOS will be allowed to be marketed as having fewer health risks than cigarettes
Published
Henrico County-based Altria Group Inc.’s IQOS tobacco heating system will be allowed to be marketed as a “modified risk” product, the U.S. Food and Drug Administration ruled Tuesday. IQOS is
Altria to donate $5M to social justice nonprofits, businesses
Altria's black employee resource group will select recipient organizations
Published
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that
Altria sues Reynolds over e-cigarette patent infringement
Action follows Reynolds' patent suit against Altria, Philip Morris in April
Published
Henrico County-based Altria Group Inc.’s e-cigarette and smokeless tobacco divisions filed suit Thursday against competitor R.J. Reynolds Vapor Co. for patent infringement on e-cigarettes and associated products. Altria owns a