JTI Plans to Move Production Lines to Gran Canaria
According to the Spanish media La Provincia on November 4th, Japan Tobacco International (JTI) is planning to transfer part of the production lines for its iconic brands Winston and Camel from their current locations in Germany and Poland to the island of Tenerife in Spain.
According to reports, the company is set to invest 46 million euros to install new high-speed production lines and refurbish production equipment, in order to meet traceability requirements for its cigarettes and promote various measures related to sustainable development at the facility. It is expected that these investments will increase the factory's production capacity by 40%.
At the same time, this measure will significantly increase the total quantity of tobacco exports from Tenerife Island. According to JTI's prediction, the future export volume of cigarettes may surpass bananas, which is currently the dominant trade product of Tenerife Island.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
