Profile: Turning Point Brands Inc (TPB)
14 Jun 2019
Turning Point Brands, Inc., incorporated on January 28, 2004, is an independent provider of Other Tobacco Products (OTP) in the United States. The Company operates in three segments smokeless products, smoking products and NewGen products. The Company sells a range of products across the OTP spectrum, including moist snuff tobacco (MST), loose leaf chewing tobacco, premium cigarette papers, make-your-own (MYO) cigar wraps and cigar smoking tobacco, cigars, liquid vapor products and tobacco vaporizer products. The Company's portfolio of brands includes Zig-Zag, Beech-Nut, Stoker's, Trophy, and VaporBeast.
The smokeless products segment manufactures and markets moist snuff; and contracts for and markets chewing tobacco products. The smoking products segment imports and markets cigarette papers, tubes and related products; processes, packages and markets MYO cigarette tobaccos; imports and markets finished cigars and MYO cigar tobaccos and cigar wraps, and processes, packages and markets pipe tobaccos. The NewGen products segment markets e-cigarettes, e-liquids, vaporizers and other related products, and distributes a wide assortment of vaping products to non-traditional retail outlets via VaporBeast. VaporBeast is a distributor of liquid vapor products servicing the non-traditional retail channel. The Company's products are distributed primarily through wholesale distributors in the United States. The Company's loose leaf chewing and moist snuff tobaccos are produced from air-cured and fire-cured leaf tobacco. The Company primarily outsources its manufacturing and production processes and focuses on packaging, marketing and distribution.
The Company competes with Altria Group, Inc., Reynolds American Inc., Swedish Match, Swisher International Group Inc., Imperial Brands PLC, Republic Tobacco, L.P., New Image Global, Inc., Blunt Wrap USA., Good Times USA and Vapor Shark.
Turning Point Brands Inc
5201 Interchange Way
LOUISVILLE KY 40229-2184