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$600M Zyn Factory to Open in Aurora
Phillip Morris will invest $600 million to open a manufacturing facility in Aurora to produce its Zyn nicotine pouches.
The plant is expected to begin preliminary operations by 2025 and create 500 jobs in the state, the world’s biggest tobacco company by market value said. It added that it would invest the amount over the next two years through one of its U.S. affiliates. The construction of the facility will create nearly 5,000 jobs and have a nearly $1 billion economic impact.
Philip Morris entered the U.S. market in 2022 after it bought Zyn’s Parent Company, Swedish Match, for $16 billion. This was part of its efforts to provide alternatives to traditional cigarettes amid greater health awareness and stricter regulation.
The company has benefited from strong demand for Zyn, which it says does not contain tobacco, in the United States, with shipments rising nearly 80% in the first quarter over the year earlier.
- ◦Development

