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Philip Morris

$314 Million Spent in Tobacco Research

Date: 29 Jan 1960
Length: 1 page
1003543462
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JOHN-WARE,JUDY/SHB FILE ROOM
Type
NEWS, NEWSPAPER ARTICLE
Site
R22
Characteristic
EXTR, EXTRA
Master ID
1003543302/3654

Related Documents:
Author (Organization)
Tribune
Request
Stmn/R1-037
Litigation
Stmn/Produced
Named Organization
TI, Tobacco Inst
Date Loaded
24 May 1999
UCSF Legacy ID
xlv02a00

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Page 1: xlv02a00
"A large volume of clippings was received resulting from press pickup from the Tobacco News stories on capital outlays by the industry and from the f'aai-inre storv on the "tobacco churches." Nearly 500 clips were received -. .on the capitol-outlay item and nearly 400 on the church feature. TRIBUNE SHREVEPORT =S Albuquerque, Shreveport, Louisiana New Mexico January 31, 1960 January 29 1960 , $314 Million Spent [qTobacco Firms In Tobacco Research ,a • Sp~end Millions WASHINGTON UPI M ( )- ore than $314 million has been WASHINGTON (UPD-More than spent by the American tobacco ''$314 million has been spent by t t d b us ry a acco ln industry during the past nine ~` te Ameruan during the past nine years for years for new and improved ~ new and improved' manufacturing, manufacturing, processing and processing and resear& facilities, research facilities, the Tobacco ~thes Tobacco Institute reportedi Institute reported. -"'..'"" „Sa;: ` An aaBiLf>1tia1 $80 million is so An additional $80 million is ~ far planned for similar work in 11 t9Rn and 19R1 TnclnAPri in thr im- so 1ar planneet ior slmilar woric in 1960 and 19611. Included in the improvement program to date is an item of more than $164 million for new machinery ovement program to date is an em of more than $164' million r new machinery, or more than alf the total outlay: or more than half the totaP out- ~ lav: _ `V SrPATE'SNiAN CN E xustiin, iexas THE JOLtRNAL OF GOMI~R i A 1"GWlLLGLLJ 1V, New York, New York ~ December 16, 1959 ~- Tobacco Indusfry T obacco Cos. Set to Spend ~8o Million ~ Boosts Research ~~ . WASHINGTON (UPI) - More than $314 miilion has been spent ~ by the American tobacco indus: ~ try during the past' nine years for new and improved manufac- Q turing, processing and research d facilities, the Tobacco Institute \ reported. dpecial to Journal of Commerce WASHINGTON.-U. S: tobacco lntiustry plans so far call for ex, . penditures of $80 million over the next two years to build new or improve existing manulacturing processing and research facili, ties, according to James P. Rich. BULLETIN Anaheim, Cal.ifornia January 20, 1960 t~ ards„ presidenU of the Tobacco o Institute. Inc: Tobacco Research O Sin;ilar capital expenditures by , ` the industry during the ~past ~nine ~ years totaled $314 million, ac- cording to a survey conducted N ost $314 Million by the institute. WASHINGTON (UPI) - Mor9 ;8 Miuion For Research ~ tham $31.4 million has beew spent Expansion of research facilities ~ by the American tobacco indus• accounted for more than $8 mil- ~ try during the past nine years lion of the total outlay. for new and im Also included in~ the ircnprove• \~ Proved' manufac- tment and expansion program to turing, processing and research date is an item of more than ~ facilities, the Tobacco Institute $164' million for new machinery, V) ~-----+ representing more than half of ~ reported. the total expeditures. An additional $80 million is so Buildings- constructed by lead- Q far planned for similar work in ing manufacturers of cigarets, Q 1960 and 1961. Included in the chewing and smoking tobacco ~prosement program to date is improvement snuff in addition to factories „ , included' new leaf stemming and re-drying facilities, storage ware• ifouses and' office spaces. an item of more than $164 mil. lion for new machinery, or more han half the total' outlav. JOURNAL AMERICAN New York, New York December 16, 1959 obacco Cos. ; Li#t Outlays WASHINGTON, Dec. 16: More than $314,J00•000 in capi- tal outlay has gone Into new and improved manufacturing, brocessing and research facili- tSes of the tobacco industry in the UL S. in the past nine years, tt was announced today by ~ James P. Richards, president, { Tobacco Institute, Inc: y~ An addiitional $80.000,000 Is .1llftuled for sim:lar improve- Mr ments in '196Q and 1961 Q' Richards said a survey by the Tobacco Instituta showed. ENTERPRISE ~J Riverside, California J 6 ~ Research expansion, which ounted for more than $8 ac ,-. c 000,000 of the capital' outlays, include m o d e r n scientific equipment and facilities de- voted to the development of improved tobacco products for the nation's more than 65 million consumers. a.nuary 27, 19 0 ~ Better Butts WASHINGTON NPII - 1W( o r e than $314 million has been spent by the American tobacco indus- ~ 7y during the past nine years ~ for new and improved manufac- rry turing, processing and research r,,facilities, the Tobacco Institute rennrtPri. - ~ An~ additional $80 million is so ~ far planned for similar work in 1960 and 1961. Included in the. ~ improvement program to date is an item of more than $164 mi1- lion4or new machinery, or more than half the total outlay. WALL STREET' JOURNAL New York, New York December 16, 1959 7N)acco Industry Capital Plans ` NEW YORK-The tobacco industry in the United States plans to spend some $80 million In capital outlay during 1960 and 1961, ac- cording to a Tostitute, Inc., survey.. During the pa mne years, the industry itt= vested $314 million in manufacturing, proc; easing and researck facilities, the trade asso ciation reported. More than half of this totsl, $164 million, went for new machinery. Ex- penditures on research• accounted for $9 mil- lion. .v . i+ r3o

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