Alliance One International (AOI) has announced its intention to enter the Ugandan tobacco leaf market once all relevant governmental approvals and licenses, including registration of its new Ugandan subsidiary, Alliance One Tobacco Uganda (AOU), are complete. AOU’s core business plans to include providing agronomy services to tobacco growers through an integrated production system that supports […]
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Alliance One International and Ioto International have completed the formation of a joint venture, Ioto E-Liquids America. Located in Greenville, North Carolina, USA, Ioto-ELA will produce flavored liquids for electronic vapor products. AOI’s strength in the global leaf market and Ioto’s worldwide market position in flavors establishes a solid base to grow the new company, […]
Alliance One International reported a net loss of $36.9 million for the first quarter that ended June 30. In the comparable 2012 quarter, the company posted a net loss of $30.7 million. Revenues for the quarter improved $26.1 million to $383.9 million versus last year. Total kilos sold, at 76.3 million, was similar to last […]