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Altria Group Named Top Corporation for Women's Business Enterprises.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- The Women's Business Enterprise National Council (WBENC WBENC Women's Business Enterprise National Council ) named Altria Group “Philip Morris” redirects here. For the racecar driver, see Philip Morris (autoracer).

Altria Group, Inc. (NYSE: MO) (previously named Philip Morris Companies Inc.
, Inc. one of "America's Top Corporations for Women's Business Enterprises." This is the second time the Company's world-class supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification.  program has been recognized by WBENC.

"Altria and its companies are committed to supplier diversity and commend WBENC for encouraging mutual cooperation between women's businesses and corporations to create and improve opportunities for these businesses as vendors and suppliers," said Edith Chen, Senior Director, Leadership Development and Diversity, Altria Corporate Services.

For nearly 35 years, the Altria family of companies, including Kraft Foods 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.
, has been committed to accessing goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  from the best and widest possible selection of women-owned businesses.

"At Kraft, we believe purchases from women business enterprises have a powerful effect, spreading to the communities where our employees live and work. Our supplier diversity programs help to create more businesses and entrepreneurship, while in turn, strengthening the economy," said Grace Puma, Vice President, Global Indirect Materials and Services Procurement, Kraft Foods.

Philip Morris USA also has a strong commitment to women's business enterprises. "We believe these businesses provide innovative solutions. Their diverse perspectives and unique approaches to our business needs keep our Company moving forward," said Henry Long, Senior Vice President, Procurement and Quality, Philip Morris USA.

The Altria companies are proud to have one of the country's strongest records in practicing and promoting supplier diversity.

Altria Group, Inc. is the parent company of Kraft Foods, the world's second largest food company, 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. , the world's leading international cigarette business, and Philip USA, the leading cigarette business in the United States. For more information about Altria and its family of companies, visit www.altria.com.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 23, 2006
Words:285
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