Philip Morris International to Build $600 Million Facility in Aurora, Colorado

Philip Morris International’s decision to build a massive manufacturing facility in Aurora, Colorado is set to bring about a significant economic boost to the city. The company announced plans to construct a 600,000 square foot facility to produce their popular nicotine pouch, Zyn, representing a $600 million investment.

The new facility is expected to create 500 jobs in various sectors such as engineering, production, and quality control, with an average salary of $90,000 per year. Additionally, construction of the facility is projected to generate nearly 5,000 jobs and have an economic impact of nearly $1 billion.

Stacey Kennedy, CEO of Philip Morris International, emphasized Colorado’s emphasis on health and wellness as a key factor in choosing the state for the new facility. Kennedy highlighted the state’s diverse and highly educated workforce as essential elements for the company’s decision.

Despite initial reservations from some elected officials regarding sales and marketing to minors, Kennedy assured that the company uses stringent age verification processes and does not engage with social media influencers for advertising. The company received incentives from the city of Aurora, the State, and Adams County to support the project.

Overall, the announcement of the new manufacturing facility in Aurora is poised to not only create job opportunities and boost the local economy but also reaffirm Colorado’s position as a hub for innovation and industry growth.