ITG Brands

  • June 8: 2015: Afederal district courtapproved the Reynolds Americanacquisition of Lorillard Inc.
  • June 12, 2015: Reynolds American announced the completion of the $27.4 billion acquisition of Lorriard and the spinoff of several brands to Imperial Tobacco Group's ITG Brands. ITG headquarters will be in Greensboro and most of Lorillard's 2,900 workers will have jobs at ITG or Reynolds.
  • Dec. 15, 2015:Imperial Tobacco Groupannounced that it is dropping the word tobacco from its name. The new name will be Imperial Brands.
  • Feb. 17, 2016: ITG announced employee lay-offs this summer.
  • Mar. 18, 2016:ITG Brandslaid off20 salaried employees in Greensboro.
  • Apr. 22, 2016: ITG announced that 375 employees at ITG Brands' plant will lose their jobs in June as the company's manufacturing agreement with Winston-Salem's Reynolds American comes to an end.

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