Tobacco merchant

About this book

Universal Leaf Tobacco Company, the world's largest independent leaf tobacco dealer, is one of the major buying arms for tobacco manufacturers worldwide. Its business is selecting, purchasing, processing, and storing leaf tobacco. Maurice Duke and Daniel P. Jordan vividly describe the colorful life and times of one of the South's - and America'smost important businesses and provide insight into how luck, management practices, and personalities helped the company rise to international prominence. The story opens during the aftermath of the Civil War when Southerners realized once again the worldwide potential of their native crop. The authors follow the company from its incorporation in 1918 through one of the first hostile takeover attempts in American business to its evolution in 1993 into Universal Corporation, a worldwide conglomerate with a number of products including tobacco. This objective saga reveals much about American business and economic history.