Philip Morris International Plans Aurora, Colorado, Manufacturing Operations
07/19/2024
The facility will produce Swedish Match ZYN nicotine pouches to help meet the growing global demand for smoke-free products. Preliminary operations are scheduled to begin by the end of 2025.
“PMI and its U.S. affiliates are accelerating their mission to move adults who smoke away from cigarettes in the U.S. by investing in new U.S. manufacturing capacity to meet the increasing demand for nicotine options that are scientifically substantiated as better alternatives,” said PMI Americas President and U.S. CEO Stacey Kennedy. “We believe Colorado is like minded in its commitment to innovation, economic opportunity and public health, and we’re eager to work with the state and its talented workforce as we expand our U.S. manufacturing presence.”
The Colorado Economic Development Commission approved up to $4,553,743 in Job Growth Incentive Tax Credits for PMI over an eight-year period for the creation of up to 500 net new jobs. The performance-based incentives are issued in arrears and contingent upon the company meeting salary requirements.
“Certainly on logistics, we're well situated on supply routes, whether it's rail truck or air Colorado, the center of the country well suited for advanced manufacturing,” said Governor Jared Polis. “But beyond that, they often look at workforce and the cost of doing business, and we have deep commitments to both.”
ZYN nicotine pouches do not contain tobacco and are inherently smoke-free.
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025