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The formation of the United States Tobacco Company dates back to 1911, when the United States government dissolved the tobacco monopoly of James Buchanon Duke.
Skoal, a wintergreen-flavored moist smokeless tobacco and UST’s other flagship brand, was launched in 1934.
In 1958 it acquired Circus Foods, a candy bar and nut products manufacturer.
W. H. Snyder & Sons, a Pennsylvania cigar company, became a subsidiary of UST in 1965.
In 1969, United States Tobacco acquired Henry, Leonard & Thomas Inc., which manufactured Doctor Grabow Pre-Smoked pipes.
UST added to its pipe business in 1974 by acquiring Mastercraft Pipes, Marxman Imports, Inc., and Manhattan Briar Pipes, Ltd.
Skoal, a wintergreen-flavored moist smokeless tobacco and UST’s other flagship brand, was launched in 1934. Its earnings were $32 million, up 15 percent from the year 1978.
In 1980, UST acquired WPBN-TV and WTOM-TV but five years later sold these broadcast holdings.
In 1981, UST acquired the assets of Havano Cigar Corp. of Tampa, Florida, and transferred its operations to House of Windsor.
Electronic Arts was founded in 1982 by three former managers of Apple Computer: William M. (Trip) Hawkins III, who was a marketing director at Apple and at age 26 became head of the new enterprise; William Bingham (Bing) Gordon, who became the company's director of marketing; and Tom Mott.
EA's first product, shipped in May of 1983, was a software game for the Atari 800 game player, but shortly thereafter the market shifted to the Commodore system.
EA readjusted quickly, and in October 1983 it shipped six more games for the Commodore 64 computer.
In 1983, UST introduced Skoal Bandits, small, “tea-bag” pouches of wintergreen-flavored tobacco designed for novice snuff users.
Since 1984 EA has also acquired marketing rights to software packages developed by smaller outside companies through its Affiliated Labels program.
In 1986 $1.5 million of its $30 million in revenues were from international sales.
Having developed its software to run on a variety of computers, by 1986 EA had become the leading supplier of entertainment software in the United States, but this market was limited.
The 1986 law called for three rotating labels warning that the products could cause mouth cancer; that they could cause gum disease and/or tooth loss; and that smokeless tobacco is not a safe alternative to cigarette smoking.
In 1987 EA established a manufacturing facility--which became part of what is known as EA Europe--in Langley, England.
House of Windsor, however, was sold to its employees in 1987.
In 1989 the video game market was estimated at $3.4 billion in sales, as compared to $250 million for floppy disk computer games.
Nevertheless, a quarter of EA's 1990 sales were from games for Genesis.
Nintendo did not introduce a 16-bit machine, the Super Nintendo Entertainment System (Super NES), to the United States until June of 1991.
EA capitalized on its leadership in sports games by introducing the EA SPORTS brand name in 1991.
In 1991 alone, however, UST had spent $14 million just to distribute free samples of its products.
In September of 1992 EA formed a joint venture with Japan's Victor Musical Industries Inc.
In fiscal year 1992, EA's sales of software for video game cartridges overtook its sales of software on floppy disks for personal computers for the first time.
Its first CD-ROM games were introduced in 1992.
By 1992, males in the southeast, mountain/plain, and southwestern regions had per capita use of more than ten cans of smokeless tobacco annually.
A 1994 plan to merge with Broderbund Software, which was later cancelled, would have further expanded EA's involvement in the edutainment field.
In 1994 the company was investing 14 percent of its revenues in R&D, up from around 12 percent the previous two years.
A recent Supreme Court ruling that said cigarette compa nies could not be sued for failure to warn was also likely to be a deterrent to litigation against UST, which now included warnings on its products and began labeling packages “Not for sale to minors” in 1995.
“Red Seal Smokeless Tobacco,” Product Alert, August 11, 1997.
Also in 1997, UST introduced its Copenhagen Long Cut brand, as an alternative to the regular fine cut.
Meier, Barry, “Big Tobacco on the Line in Congress,” New York Times, January 5, 1998.
“Democracy 21: President Bush’s Fortune Seeking 100 Investors in White House Portfolio,” US Newswire, March 11, 2001.
A general rise in value for tobacco stocks in 2001 also boded well for UST.
"UST Inc. ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/ust-inc-0
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Acme Metals Inc | 1992 | $530.0M | 1,741 | 3 |
| Big Tex Trailers | 1982 | $120.0M | 400 | 2 |
| TRAMCO | 1967 | $8.2M | 50 | - |
| AGRA Industries | 2001 | $80.9M | 100 | 9 |
| Stewart & Stevenson | 1902 | $1.3B | 2,900 | 10 |
| Conveyors | 1974 | $40.0M | 180 | 1 |
| Elliott Equipment | 1948 | $8.1M | 20 | 3 |
| Miller Equipment Co | - | $570,000 | 10 | - |
| Northwestern Plastics, Ltd. | - | $410,000 | 5 | 1 |
| Willo Products | 1945 | $9.0M | 20 | - |
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