ITG Brands expects to make 375 workers redundant at its Greensboro, North Carolina plant with the end of a deal to manufacture Newport cigarettes for Reynolds American, the Triad Business Journal said.
ITG has been producing Newports since Reynolds acquired the brand in its takeover of Lorillard last year in a deal that sent some Reynolds brands to Imperial Brand subsidiary ITG.
Reynolds and ITG have been contract manufacturing the brands for each other since the Lorillard takeover was closed. ITG volume at the former Lorillard facility will be halved with the end of the reciprocal deal this summer, TBJ reported.
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