- American Brands, Inc.
▪ American industryAmerican industrial conglomerate that was once the world's largest cigarette maker. It was formed in 1969 as the parent company for the American Tobacco Company (founded 1890). Corporate headquarters are in Old Greenwich, Conn.The history of the American Tobacco Company traces to the post-Civil War period in North Carolina, when a Confederate veteran, Washington Duke, began trading in tobacco. In 1874 he and his sons, Benjamin N. Duke and James Buchanan Duke (Duke, James Buchanan), built a factory and in 1878 formed the firm of W. Duke, Sons & Co., one of the first tobacco companies to introduce cigarette-manufacturing (cigarette) machines.Entering the “cigarette war,” the Dukes eventually established the American Tobacco Company in 1890, with James as president. Through mergers and purchases, the Duke brothers eventually acquired corporate control of virtually the entire American tobacco industry—some 150 factories in all. In 1911, however, after five years of litigation, a U.S. Court of Appeals judged this tobacco trust in violation of the Sherman Anti-Trust Act and ordered it dissolved. The main manufacturers to emerge, in addition to American, were R.J. Reynolds, Liggett & Myers, and Lorillard.In 1916 American introduced its most popular cigarette brand, Lucky Strike, and in 1939 it introduced one of the first king-size cigarettes, Pall Mall (an old name reapplied to a new cigarette). The sales of these two brands made American Tobacco the most successful cigarette manufacturer in the 1940s. The company failed to establish equally strong brands of filter cigarettes in the 1950s, however, and by the 1970s it had slipped to a minor position among U.S. tobacco makers.American Tobacco began diversifying in the 1960s with the purchase of Gallaher Ltd., one of the largest tobacco companies in Great Britain. It acquired the Franklin Life Insurance Company in 1979, and its other subsidiaries make Jim Beam whiskey, Master locks, and Acco office supplies. In 1994 American Brands sold its tobacco unit, American Tobacco Company, to the British conglomerate B.A.T. Industries PLC.
* * *
Look at other dictionaries:
Nabisco Brands, Inc. — Nabisco Brands, Inc. was a multinational food and beverage company focusing mainly on biscuits, crackers, cookies, confectionery, canned produce and condiments. It was based in Parsippany, New Jersey. Early History Consolidation Nabisco Brands… … Wikipedia
Okabashi Brands, Inc. — Okabashi Brands, Inc., founded in the early 1980 by Bahman Irvani, is a manufacturer of shoes. Located in Buford, Georgia, over the past 30 years they have sold over 100 million pairs of shoes through their websites and such outlets as Right Aid … Wikipedia
American Airlines — IATA AA ICAO AAL Callsign AMERICAN … Wikipedia
American century — Création 1958 Fondateurs James E. Stowers Siège social … Wikipédia en Français
American Tobacco Company — The American Tobacco Company was founded in 1890 by J. B. Duke as a merger between a number of tobacco manufacturers including Allen and Ginter and Goodwin Company. The company was one of the original 12 members of the Dow Jones Industrial… … Wikipedia
American Apparel — Infobox Company company name = American Apparel, Inc. company company type = Public (amex|APP) foundation = Los Angeles, California location = Los Angeles, California key people = Dov Charney, President and CEO Marty Bailey, President of… … Wikipedia
American Dream Meadowlands — Location Meadowlands Sports Complex in East Rutherford, Bergen County, New Jersey, United States Coordinates … Wikipedia
American Standard Companies — American Standard Companies, Inc. Rechtsform Incorporated Auflösung 2007 Sitz … Deutsch Wikipedia
inc — ☆ inc for 5, now often [ iŋk] abbrev. 1. inclosure 2. including 3. inclusive 4. income 5. incorporated: also ☆ Inc … Universalium
American Axle — Manufacturing, Inc. (commonly called American Axle or AAM) (nyse|AXL), headquartered in Detroit, Michigan, is a manufacturer of automobile driveline, drivetrain, electronic integrated power units and chassis systems, as well as metal formed… … Wikipedia