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John MiddletonJohn Middleton (Middleton) manufactures and markets machine-made large cigars and pipe tobacco. Middleton's role is to responsibly and effectively develop, manufacture and market superior branded cigars and pipe tobacco for adult tobacco consumers. Middleton was founded in 1856. It operates two manufacturing facilities in King of Prussia and Limerick, Pennsylvania. John Middleton Select BrandsThe Black & Mild brand is the second-largest selling machine-made large cigar in the U.S., with a retail market share of approximately 27 percent, and the Black & Mild five-cigar pack is the best-selling large machine-made cigar package in the U.S., according to data from Information Resources, Inc.* Its other brands in the pipe tobacco category are:
Performance and Financial Strength**Middleton's 2008 second-quarter net revenues were $101 million. Revenues net of excise taxes were $85 million. Operating companies income in the second-quarter was $50 million, which includes a pre-tax charge of $1 million for integration costs. Middleton's second-quarter cigar shipment volume grew 11.0% versus the prior-year period to 355 million units, driven by its leading brand Black & Mild. Middleton's second-quarter retail share increased 2.6 share points versus the prior-year period to 27.8% of the machine-made large cigar segment, driven by Black & Mild(1) . Second-quarter retail share for Black & Mild increased 2.9 share points versus the prior-year period to 27.0% of the machine-made large cigar segment. *IRI Total U.S. FDMC Syndicated Reviews Database **Altria Group has revised its reporting segments to reflect the PMI spin-off and the December 2007 acquisition of John Middleton. Altria Group's reporting segments are Cigarettes and Other Tobacco Products, manufactured and sold by Philip Morris USA; Cigars, manufactured and sold by John Middleton; and Financial Services, provided by Philip Morris Capital Corporation.
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Contact InformationJohn Middleton |
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