SWITZERLAND > US based Philip Morris invests more than 30 million francs ($31.4 million) in Neuchâtel, Switzerland

philip-morris-international-logo Philip Morris International is investing 30 million francs ($31.4 million)  for installing two new high- tech production lines and R&D site in Neuchâtel, Switzerland for producing HEETS tobacco sticks that is used for the IGOS (I Quit Ordinary Smoking). Already produced in a small quantity in Switzerland, the smokeless product heats the tobacco instead of burning the tobacco. Developed at More …