Lorillard
Transcription
Lorillard
Lorillard 1760 Pierre Lorillard founded the Lorillard Company in Bronx, New York. 1890 During the 1890’s the American Tobacco Company absorbed the Lorillard Company. Lorillard maintained its own corporate identity. 1911 The U.S. Court of Appeals issued a Dissolution Decree to the American Tobacco Company, which busted the trust and created a new Lorillard Tobacco Company. Lorillard’s brands included Turkish blends such as Murad, Helmar and Egyptian Deities. 1926 1931 Lorillard introduced Old Gold cigarettes; by 1931 Olds Gold used a cellophane package wrapper for freshness. 1938 Old Gold cigarettes sponsored radio shows featuring Robert Benchley and Artie Shaw’s Orchestra. 1951 Lorillard introduced self-service racks to foster supermarket sales. 1951 Lorillard launched the Kent cigarette with the Micronite filter. The secret of Micronite was the use of asbestos in the filter. 1957 Lorillard released Newport lightly mentholated filter with “a hint of mint.” 1960’S By the mid 1960’s Lorillard purchased companies such as Reed’s Candy and Upsen Products, the producers of cat food. 1966 True an extremely low tar and nicotine brand entered the market with a recess filter. . 1968 Loew’s Theatres Inc. purchased Lorillard Tobacco Company. 1970-1980 The Newport’s Alive with Pleasure campaign made Newport the bestselling menthol brand by the end of the 1980s. 2002 Loew’s created the Carolina Group as a holding company for its tobacco assets. 2008 Lorillard Tobacco entered into a separation agreement with its parent company Loew’s, and became an independent publicly traded company. 2008-2010 Lorillard in partnership with Swedish Match created Triumph snus, a smokeless spitless tobacco; Triumph was discontinued in 2010. 2012 Lorillard Tobacco Company purchased Blu Electronic Cigarette.