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Philip Morris International is bringing its vision for a ‘smoke-free’ tobacco future to Connecticut, but why is the company moving here? Stephen Singer, Hartford Courant
Almost immediately after Gov. Ned Lamont announced, and defended, Philip Morris International’s move to Connecticut from New York, the tobacco giant launched an advertising blitz touting its work to become “smoke-free” and how the state’s role in scientific research can help it reach that goal.
Anti-tobacco advocates dismissed Philip Morris’ work, advertised on numerous websites soon after the relocation was announced Tuesday at a news conference in Stamford. Critics also took aim at Lamont, saying he’s failing to do more to stamp out tobacco use.
Published June 22. 2021 8:19PM
MARK PAZNIOKAS, The Connecticut Mirror
Philip Morris International, the Big Tobacco icon struggling to reinvent itself as a purveyor of e-cigarettes, is moving its headquarters to Connecticut from its home adjacent to Grand Central Terminal in New York.
The publicly traded company announced the move Tuesday before trading opened on the New York Stock Exchange, where its stock price inched above $100 on Monday. The news was highlighted at a panel discussion attended by Gov. Ned Lamont in Stamford.
Corporate relocations from another state normally are cause for unvarnished celebration, but Lamont is welcoming a company whose legacy products have made the brand a public health pariah, responsible for the largest source of preventable death in the world.