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Vector Expanding

Vector Group Ltd. said its Vector Tobacco subsidiary has closed on the purchase of a former Crown Craft textile manufacturing facility in Roxboro, N.C. and will immediately begin refurbishing the approximately 328,000-square-foot facility, which will be used for the processing and manufacturing of Vector's new Omni and Omni Free cigarette products.

"We are excited about the purchase of this facility which will be used exclusively for the processing and manufacturing of Vector Tobacco's innovative new cigarette products," said Bennett LeBow, chairman and CEO of Vector Group.

Vector Tobacco has the rights to a process that enables the production of tobacco that is virtually free of nicotine and tobacco specific nitrosamines (TSNAs), a potent carcinogen found in tobacco, the company said. In addition, Vector Tobacco has developed a proprietary technology that significantly reduces one of the most serious cancer-causing agents in cigarettes, carcinogenic polycyclic aromatic hydrocarbon (PAH) compounds.

Vector Group expects to introduce these new products later this year and in early 2002 under the Omni and Omni Free brands.
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