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Imperial Tobacco to close 107-year-old home of Castella brand in Bristol As an important step in the integration of Altadis, S.A. into Imperial Tobacco, the latter announced a cut of about 2,440 jobs or six percent of its workers as six facilities will be closed and production shuffled among the plants of the combined companies. Imperial has, at present, about 40,000 employees, spread across Europe and cuts will affect most of the countries in which manufacturing is present. According to Imperial: In total, six of Imperial’s 58 manufacturing plants will be shuttered. Both French and Spanish unions have said they will fight the cuts, but Imperial’s statement indicated that some workers could be redeployed or take voluntary retirement. The cost of implementing these measures is expected to cost about 600 million Euro (about $937 million U.S.) with annual savings from the restructuring of 300-400 million Euros ($468-624 million U.S.) annually beginning in 2009. The closure of the Imperial cigar factory in Bristol ends the city’s manufacturing heritage in tobacco, which reaches back into the 18th century. For Imperial, the acquisition of Altadis was sure to bring some pain as the workforces were integrated and this is likely only the beginning. Multi-million dollar theft of cigars in Australia Thieves stole $4 million (Australian) worth of cigars from Central Tobacco’s Sydney-area warehouse last week, primarily of the Italian-made Toscani brand. The break-in was reported to have occurred on June 14 or 15 and electronic alarm system lines were cut to get into the warehouse, according to police. The main target was 83,000 Toscani cigars, which were set to be distributed throughout Australia, but cigars of two other brands were also stolen: Flor de Filipinas and Il Barone, both made in the Philippines. The Il Barone brand is no longer sold in Australia. “It was a set-up, of course, it was organized,” said Central Tobacco owner Charles Vella. “They had a shopping list.” Vella noted however that half of the cigars that were moldy and worthless. “Half of that tobacco will end up in some tip [dump] in a bush because you can’t sell it.” He said that the other cigars will be “very difficult to sell [except] under the counter to the riff raff.” ~ Rich Perelman CLASSIFIED ADVERTISINGCigar Humidors and Cigar Accessories at Humidor Vault! Your online cigar humidor source, with rock-bottom pricing and fantastic customer support!Like sports? Get news and commentary you won’t see in your morning newspaper at TheSportsExaminer.com! Join the examination! A limited amount of classified advertising is available in this space on a weekly basis. For details, call Pat Harris at (213) 365-7965 or inquire by email by clicking here. Have an opinion? You can send it using the “Comment” button below! Don’t forget to register for our drawing for free cigars and accessories! Just click on the “Register & Win” button above; enter today! Looking for a cigar party? Take a look at our exclusive list of hundreds of cigar events across the country, listed by state and date, only on CigarCyclopedia.com!
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Did you know?
“Cellophane sleeves on cigars were introduced into wide use only in the 1940s.
