Lucky Strikes - The American Tobacco Company - Durham NC
Posted by: Groundspeak Regular Member nomadwillie
N 35° 59.685 W 078° 54.253
17S E 688914 N 3985397
Quick Description: Founded in 1890 by J.B.Duke thru the merger of many companies, controlled the cigarette making business until it was forced to break up the company in 1911. Lucky Strikes was just one of the iconic brands under ATC.
Location: North Carolina, United States
Date Posted: 10/14/2013 1:48:49 PM
Waymark Code: WMJ9FG
Published By: Groundspeak Regular Member woolsox
Views: 2

Long Description:
J.B. Duke had in his employ James Bonsack, who developed the automatic cigarette rolling machine. This machine which could roll as many cigarettes in minute as an experienced human roller could in one hour. Taking advantage of his technological advantage Duke kept lowering the price of his cigarettes forcing his competitors to do the same and eventually was able to merge over 250 companies into the the American Tobacco Company family.

American Tobacco Company became was one of the 12 original companies that made up the Dow Jones Industrial Average.By 1911 the company was forced to break into smaller companies due to the anti-monopoly as a result of the Anti-Trust Act on the same day Standard Oil was ordered to break into smaller companies.

Four firms were created by this breakup: American Tobacco Company, R. J. Reynolds, Liggett & Myers, and Lorillard.

Today the factory no longer manufactures cigarettes. It has been converted to housing, restaurants and other entertainment facilities. The Lucky Strike iconic smokestack and water still stands.
Product manufactured here: Lucky Strike Cigarettes

Address:
318 Blackwell St
Durham, NC


Web Page: [Web Link]

Visit Instructions:
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