Vector Group’s tobacco subsidiaries have a proud history of charting an independent course in the tobacco industry, dating from Liggett’s founding in 1873. In 1996, Liggett became the first tobacco company to settle certain smoking-related litigation. A year later, we led Liggett into its landmark announcement that smoking is addictive and causes cancer and other health ailments. To this day, Liggett – the fifth largest cigarette manufacturer in the U.S. – remains the only major tobacco company to carry “Smoking Is Addictive” warning labels on its cigarette packs and to list ingredients on its cartons. Liggett has a strong collection of discount cigarette brands, which includes Eve, Grand Prix, Pyramid and Liggett Select.Our Vector Tobacco subsidiary is focused on developing reduced risk cigarette products.Vector Group is also involved in the real estate business through its New Valley subsidiary. New Valley owns a 50% ownership interest in Douglas Elliman Realty LLC, which operates the largest residential real estate brokerage company in the New York metropolitan area. New Valley also holds investments in several significant real estate projects in California and New York.

Reemtsma Cigarettenfabriken company produces a variety of brands, including Gauloises Blondes, Davidoff, Peter Stuyvesant, R1, and JPS. It sells its cigarettes through affiliated operations in more than 130 countries around the globe. Health-related legal complications have as yet not touched the company, since the majority of its sales come from areas outside those litigious towards cigarette makers. Reemtsma is a subsidiary of the UK's Imperial Tobacco.

JR Cigar company that began as a small Manhattan cigar shop is now a leading distributor and retailer of premium cigars. Its retail operations include a few discount outlet stores (all in North Carolina) and a direct-mail catalog operation. Its stores also sell pipe tobacco, tobacco accessories, humidors, lighters, coffee, and other specialty items such as a Montecristo golf club set. Orders also are taken on the company's Web site, which features JR Cigar University. The company hosts auctions on its Web site, as well, at JR Cigar Auction. The online database contains extensive information on cigars -- everything from storing them to lighting them up.

Nervous newlyweds headed to Niagara Falls can take a pit stop down the road at Smokin Joes Cigars. The retail outlet on the Tuscarora Indian Nation in New York started off as a place to buy low-priced tobacco and tax-free gasoline but now offers a range of other products, from groceries and housewares to jewelry and apparel items, including casual clothing from major labels (such as Burton and Calvin Klein), Western wear, footwear, and accessories. In addition to selling name-brand tobacco products, Smokin Joes manufactures its own line of cigars, cigarettes, and pipe tobacco at a factory on the Tuscarora Indian Reservation. It also sells products online.

Governor's Distributors sells cigars and related tobacco products, as well as grocery items, to retail stores across the US. It also sells tobacco products and accessories, such as humidors, ashtrays, cutters, and torch lighters, to individuals through its Gotham Cigars Web site. The company is owned by the Balani family, who founded the company in 1997.

KT&G's business goes up in a puff of smoke every day. As South Korea's leading cigarette manufacturer, KT&G enjoys about a 70% market dominance and exports its smokes under more than 20 different brand names to the US, China, and Central and Southeast Asia. The firm escaped government control in 2002 and has since added bio and pharmaceutical production, and real estate alongside its core cigarette manufacturing business. KT&G's products are also distributed in Russia, Mongolia, Uzbekistan, Lebanon, and the United Arab Emirates. The firm got its start in 1899 as the Korean imperial household's exclusive supplier of tobacco and ginseng.

Alliance One International, Inc. engages in purchasing, processing, storing, and selling leaf tobacco to cigarette manufacturers and other consumer tobacco products in the United States, South America, Europe, and Asia. It offers flue-cured, burley, and oriental tobaccos. The company also provides processing and related services to manufacturers of tobacco products. Alliance One International, Inc. was founded in 1904 and is headquartered in Morrisville, North Carolina.

Lorillard, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. The company offers 44 different product offerings under the Newport, Kent, True, Maverick, Old Gold, and Max brands. It sells its products primarily to wholesale distributors, who in turn service the retail outlets, chain store organizations, and government agencies, including the U.S. Armed Forces. The company was founded in 1760 and is based in Greensboro, North Carolina. Lorillard, Inc. (NYSE:LO) operates independently of Loews Corp. as of June 10, 2008.

British American Tobacco Vietnam promotes tobacco crop production through a joint venture with Vietnam National Tobacco Corporation (Vinataba). Additionally, it operates a manufacturing facility capable of producing 17,000 tons of cut rag per year; is licensed to distribute State Express 555 and Dunhill brand cigarettes; and manufactures such brands as Craven A, White Horse, Virginia Gold, Everest, and Seven Diamonds. Established in 1994, it operates offices in Can Thoin, Da Nang, Hanoi, and Ho Chi Minh City. It is a subsidiary of British American Tobacco p.l.c.

Altadis Pyrenees Mountains may divide France and Spain, but Altadis unites the countries for a smoke. Born of the 1999 merger of Spain's Tabacalera and France's Societe Nationale d'Exploitation Industrielle des Tabacs et Allumettes (Seita), Altadis is one of the world's largest tobacco firms. Altadis brands include Ducados, Fortuna, Gauloises, and Gitanes. Its cigar operation (the top worldwide) produces Antonio y Cl opatra, Farias, Hav-A-Tampa, and Montecristo and controls a quarter of the world's cigar market (mostly from its Altadis USA unit).

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