Published On: Wed, Aug 28th, 2024

Philip Morris to invest $232 million to expand ZYN production at Kentucky plant



Philip Morris International said on Tuesday it would invest $232 million to expand production capacity for ZYN nicotine pouches at its Ownesboro, Kentucky plant, to meet the strong demand.

The investment will be made through one of PMI’s Swedish Match affiliates, and comes about a month after the tobacco giant announced an investment of $600 million to open a ZYN manufacturing facility in Colorado.

Shipments of ZYN slowed to a growth of 54% in the second quarter, reported in July, as…



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