2 US Suppliers Form Venture With Japan Tobacco

Source from:  AP 07/24/2009

Two leaf tobacco suppliers in Virginia and Tennessee are forming a joint venture company with Japan Tobacco Inc. Japan Tobacco says in a news release that the new company, JTI Leaf Services LLC, will supply it exclusively with contracted U.S. leaf tobacco. Danville, Va.-based J.E.B International Co. and Hail & Cotton of Springfield, Tenn., signed an agreement last month with Japan Tobacco to participate in the venture. Japan Tobacco says it also has acquired leaf tobacco supplier Tribac Leaf Limited, which has operations in Malawai, China, India, Zambia and other countries. Enditem