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Universal Corporation (NYSE: UVV), headquartered in Richmond,
Virginia, was founded in 1918. The Company is the world's leading leaf tobacco merchant
and processor, based on volumes handled by its subsidiaries and affiliates, and
has operations in agri-products. Universal conducts business in more than 30 countries
and employs more than 24,000 permanent and seasonal workers.
Universal's business includes selecting, buying, shipping, processing, packing,
storing, and financing of leaf tobacco in tobacco growing countries for sale to,
or for the account of, manufacturers of tobacco products throughout the world. Universal
does not manufacture cigarettes or other consumer products. The Company's revenues
are derived from sales of processed tobacco and from fees and commissions for specific
services.
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