07:58 AM EDT, 08/27/2024 (MT Newswires) -- Philip Morris International ( PM ) said Tuesday it invested $232 million through its Swedish Match affiliate to expand production at its Owensboro, Kentucky, facility, which manufactures ZYN nicotine pouches.

The project is expected to create 450 direct jobs and generate a $277 million annual economic impact, with another 410 indirect jobs for Kentucky, the company said.

Philip Morris International ( PM ) said the expansion is expected to be completed by Q2 2025. Additionally, the company said that the facility will transition to a 24/7 schedule to boost production starting in Q4.

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