Company type | Subsidiary |
---|---|
Industry | Tobacco |
Predecessor | BATUS, Inc. Brown & Williamson R.J. Reynolds[1] |
Founded | 2004 |
Headquarters | Winston-Salem, North Carolina, United States |
Key people | David Waterfield (President and CEO) |
Products | Cigarettes |
Revenue | US$ 8.236 billion (2013)[2] US$ 8.304 billion (2012)[2] |
US$ 3.132 billion (2013)[2] US$ 2.214 billion (2012)[2] | |
US$ 1.718 billion (2013)[2] US$ 1.272 billion (2012)[2] | |
Total assets | US$ 15.402 billion (2013)[3] US$ 16.557 billion (2012)[2] |
Total equity | US$ 5.167 billion (2013)[3] US$ 5.257 billion (2012) [3] |
Number of employees | 5,400 (2011) |
Parent | British American Tobacco |
Website | reynoldsamerican.com |
Footnotes / references [4] |
Reynolds American, Inc. is an American tobacco company which is a subsidiary of British American Tobacco[5] and is the second-largest tobacco company in the United States.[6] Its holdings include R. J. Reynolds Tobacco Company, American Snuff Company (formerly Conwood Company), Santa Fe Natural Tobacco Company, R. J. Reynolds Vapor Company, and Niconovum AB.
Reynolds American's subsidiaries manufacture and market a variety of tobacco products, including cigarettes (Newport, Camel, Pall Mall, Kent, Doral, Misty, Capri, and Natural American Spirit brands) and moist snuff (Grizzly and Kodiak brands)[7] as well as vaporized electronic cigarettes (Vuse and Sensa brands).
In 2010, Reynolds American's operating companies sold about 28% of all cigarettes sold in the U.S.[8] In July 2014, Reynolds American announced the purchase of Lorillard Tobacco Company in a deal valued at $27 billion. In January 2017, Reynolds American agreed to be purchased by British American Tobacco for $49.4 billion.[9]
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