British American Tobacco closes Swiss plant, lays off 226 By Reuters


© Reuters. FILE PHOTO: A woman poses with a cigarette in front of BAT (British American Tobacco) logo in this illustration taken July 26, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

ZURICH (Reuters) – British American Tobacco (NYSE:) (BAT (LON:)) is to close a cigarette manufacturing plant in Switzerland next year, laying off 226 workers, the Tages-Anzeiger paper and other Swiss media reported on Thursday.

“BAT Switzerland confirms that a final decision has been made to transfer cigarette production from Boncourt to larger factories within Europe and to close the Boncourt site,” BAT said in a statement.

The winding down of the factory located in Switzerland’s french-speaking region will be completed by the end of 2023, the company said.

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