Pyxus International Inc - PYYX stock
OTC Symbol: PYYX | OTC Tier: Pink Current
About[edit]
Pyxus International, Inc., an agricultural company headquartered in Morrisville, North Carolina, provides value-added products and services to businesses and customers, and it is engaged in purchasing, processing, packing, storing, and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products, with a global presence spanning China, the United States, the United Arab Emirates, Indonesia, Russia, Northern Africa, and other international markets; the company was previously known as Old Holdco, Inc. and has a history dating back to its founding in 1873.[1]
History[edit]
Pyxus International, Inc., formerly known as Old Holdco, Inc., has a long and storied history that dates back to 1873. The company's origins can be traced to its founding as the Universal Leaf Tobacco Company in Richmond, Virginia, by a group of entrepreneurs involved in the tobacco industry.[2]
Over the years, the company grew and expanded its operations, becoming a major player in the global tobacco market. It engaged in various aspects of the tobacco business, including purchasing, processing, packing, storing, and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products.[3]
As the tobacco industry evolved, so did the company. It adapted to changing market conditions and explored new opportunities. Over time, the company expanded its offerings to include value-added products and services to businesses and customers beyond the traditional tobacco sector.[3]
In 2018, the company underwent a significant rebranding and changed its name from Alliance One International, Inc. to Pyxus International, Inc. This rebranding reflected the company's evolving business strategy and its commitment to offering innovative solutions and value-added products to its clients.[2]
- ↑ Yahoo Finance. PYYX. Retrieved on 11/27/2023.
- ↑ 2.0 2.1 Seeking Alpha. Symbol PYYX. Retrieved on 11/27/2023.
- ↑ 3.0 3.1 Wikipedia. Pyxus International. Retrieved on 11/27/2023.
