Stock Symbol: MO

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Business Description
Altria Group, Inc. operates as a holding company that engages in the manufacture and sale of various consumer products. The company, through its wholly-owned subsidiaries, Philip Morris USA, Inc. and Philip Morris International, Inc., engages in the manufacture and sale of cigarettes and tobacco products. The company sells tobacco products to wholesalers, and retail organizations, including chain stores and the armed services worldwide. Altria, through its subsidiaries, offers snacks, beverages, cheese, grocery, and convenient meals. It sells food products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, and other retail food outlets. The company also leases various aircrafts to the United States carriers. Its finance asset portfolio includes leases in aircraft, electrical power, real estate, manufacturing, surface transportation, and energy industries. The company was formerly known as Philip Morris Companies, Inc. and changed its name to Altria Group, Inc. in 2003. Altria Group is based in New York City.