Philip Morris on Wednesday shut down its cigarette plant in Concord, North Carolina, reports the Charlotte Observer.
In June 2007, Philip Morris parent Altria said it would consolidate Concord’s operations into its Richmond, Virginia, plant in 2010 in part because of falling U.S. cigarette sales. But Altria said in April it would wrap up operations this month because of a continued drop in sales.
About 1,000 employees will lose their jobs. (pi)
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