Philip Morris International invests $1.2 billion in US nicotine‑pouch plant

Philip Morris International announced a $1.2 billion investment for a Zyn nicotine‑pouch manufacturing campus in Aurora, Colorado, to be built between 2024 and 2028. The funding doubles the company’s earlier commitment, is expected to create about 500 jobs, and reflects PMI’s strategy to shift away from combustible cigarettes toward smokeless products.

The move comes as Canada continues to ban the commercial sale of nicotine pouches, despite health research showing many smokers quit using such alternatives. In the same sector, British American Tobacco reported that its new‑category products, including vaping and nicotine‑pouch lines, are delivering higher revenue growth and improved margins, signalling broader industry momentum toward next‑generation nicotine offerings.