Altria Announces Relocation of Employees and Intention to Sell Rye Brook, NY Facility.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 8, 2004 Altria Group, Inc. (NYSE NYSE See: New York Stock Exchange : MO), the parent company of Kraft Foods, Philip Morris International Philip Morris International, (PMI) based in Lausanne, Switzerland, held a 15.5% share of the international cigarette market in 2005. Its brands, led by Marlboro and L&M, are sold in over 160 countries around the world. and Philip Morris USA Philip Morris USA is the United States tobacco division of Altria Group, Inc. General information On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. Even under this new name, Altria continues to own 100% of Philip Morris USA. , said today that, as a result of recently announced employee relocations, an office facility on Westchester Avenue in Rye Brook, New York Rye Brook is a village in Westchester County, New York, United States. The population was 8,602 according to the 2000 census. The Village of Rye Brook was established in 1982 and is in the Town of Rye. will be offered for sale. Currently, the buildings house approximately 1,000 employees, the majority of whom are employed by Kraft Foods, with some employees of Philip Morris International and Altria Corporate Services. Earlier today Kraft said that in the coming months it will be relocating Rye Brook employees to other facilities in Tarrytown, New York Tarrytown is a village in Westchester County, New York, United States. The population was 11,090 at the 2000 census. The Village of Tarrytown is located in the northwest part of the Town of Greenburgh, New York. ; East Hanover, New Jersey East Hanover Township is a township in Morris County, New Jersey, United States. As of the United States 2000 Census, the township population was 11,393. Incorporated in 1928, it is a largely middle to upper-income suburban community situated roughly 25 miles west of New York City. ; Miami, Florida; and Northfield, Illinois. These moves, combined with the recent relocation of Philip Morris International headquarters from Rye Brook to Lausanne, Switzerland, will result in significant excess capacity in the two Rye Brook offices. The majority of Philip Morris International and Altria Corporate Services employees currently working in Rye Brook will be relocated to other Altria offices including Altria Group, Inc. headquarters at 120 Park Avenue in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "The Kraft moves, combined with the relocations of Philip Morris International from Rye Brook to Lausanne and Philip Morris USA from New York City to Richmond, Virginia will result in there being two Altria facilities in the New York area with the need for only one," said Ken Murphy, Senior Vice President, Human Resources and Administration for Altria Group, Inc. "The companies plan to complete the employee relocations by the end of 2004. We are making this announcement today in an effort to allow for a smooth transition for all employees involved." Altria Group, Inc. is the parent company of: Kraft Foods, the second largest food company in the world; Philip Morris International Inc., the world's leading international cigarette business; and Philip Morris USA Inc., the leading cigarette manufacturer in the United States. For more information about the Altria family of companies, please visit Altria Group, Inc.'s Web site at www.altria.com. |
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