PMI’s $37m Wilson investment signals confidence in US Iqos Iluma approval

Philip Morris International (PMI) appears confident of approval to sell its Iqos Iluma heated tobacco device in the US within a short-term timeframe.

The company recently announced that it would invest around $37m into expanding its facility in Wilson, North Carolina. The new expansion would add a production line for Terea, which is the brand name PMI chose for Iqos Iluma heated tobacco sticks.

Unlock access

Want the full analysis? Let's talk

We share insights with professionals we’re in contact with. Let us know a bit about your interest.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*

Want the full analysis? Let's talk

We share insights with professionals we’re in contact with. Let us know a bit about your interest.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*