Philip Morris announced an investment of $600M over the next two years through one of its U.S. affiliates to open a manufacturing facility in Aurora, Colorado. The facility is expected to create 500 direct jobs with ongoing annual economic impact of $550M and an additional 1,000 indirect jobs for the State of Colorado as it produces Swedish Match Zyn nicotine pouches. PMI’s U.S. affiliate plans to break ground on the new facility later this year and to begin preliminary operations by the end of 2025 with regular production starting in 2026. The construction phase of the project alone is expected to create nearly 5,000 jobs related to the building of the facility with nearly $1B in economic impact.
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