Universal Corporation (NYSE:UVV), headquartered in Richmond, Virginia, was founded in 1918. The Company is a leading leaf tobacco merchant and processor, based on volumes handled by its subsidiaries and affiliates. Universal conducts business in more than 30 countries and employs more than 28,000 permanent and seasonal workers. Universal is essentially the middle man between tobacco farmers and manufacturers of tobacco products, sourcing leaf tobacco for customers and processing it to their specifications. Universal operates in a very mature industry, where it is one of only two major global players. The company's worldwide network, longstanding customer relationships and experienced local management teams solidify UVV's position as a global tobacco processing leader, while the large amounts of capital investment that...
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