Reynolds American Inc. announced that it plans to invest more than $3.2 billion in its U.S. operations by 2030. The investment, which began in 2024, is expected to support more than 2,000 direct and indirect jobs. The company stated that the plan includes modernization and expansion of manufacturing facilities, innovation and production scaling, supply chain strengthening, and workforce training, while also highlighting its R&D investments and operational hubs.

Key Points

• Reynolds American plans to invest more than $3.2 billion in its U.S. business by 2030.
• The investment began in 2024 and is expected to support over 2,000 direct and indirect jobs.
• The company said it has already invested more than $200 million in U.S. manufacturing over the past two years.
• Facilities in Winston-Salem, North Carolina and Clarksville, Tennessee will continue to be modernized and expanded.
• The company employs hundreds of scientists in Winston-Salem and invests around $100 million annually in R&D, mainly focused on smoke-free product development.

2Firsts, March 6, 2026

According to a report from PRNewswire, Reynolds American Inc. announced a plan to invest more than $3.2 billion across its U.S. operations by 2030. The company said the investment began in 2024 and is expected to support more than 2,000 direct and indirect jobs across Reynolds American’s operations and its U.S. supply network, including roles related to manufacturing expansion and innovation initiatives.

The company also launched the “Growing Tomorrow” initiative alongside the announcement. According to the company, the initiative aligns with the development of its multi-category nicotine product business.

David Waterfield, President and Chief Executive Officer of Reynolds American, said the initiative reflects the company’s ongoing commitment to U.S. manufacturing and job creation, as well as expanding production capabilities and strengthening its workforce.

Under the section titled “Growing Performance,” the company stated that the investment will support its transition toward a “smoke-free-led future” while focusing on high-growth product categories. Planned investments include multi-year commitments in:

• Modernization and expansion of U.S. manufacturing
• Scaling innovation and production
• Strengthening domestic supply chains
• Enhancing workforce capabilities and operational efficiency

The company added that over the past two years it has already invested more than $200 million in U.S. manufacturing as part of this commitment.

In the section titled “Growing Innovation,” Reynolds American said its research and manufacturing hub in Winston-Salem, North Carolina, along with its operations base in Clarksville, Tennessee, will support research and production related to the company’s innovation plans. The upcoming investments are expected to further modernize facilities and expand production capacity.

The company also noted that it employs hundreds of scientists in Winston-Salem, supported by approximately $100 million in annual R&D spending, most of which is focused on research and development of smoke-free products.

In the section titled “Growing Careers & Community,” Reynolds American stated that it currently employs more than 4,300 people in the United States, covering roles in advanced manufacturing, engineering, science, skilled operations, and corporate functions.

The company said it will continue investing in technology, workforce training, and talent development while also generating economic impact through its supply network. Borgia Walker, Senior Vice President and Chief People Officer of Reynolds American, said the company will continue focusing on capability development, expanding opportunities, and supporting employee career growth.

The company also highlighted the connection between its operations and agriculture as well as local economies. North Carolina remains one of the major tobacco-producing states in the United States, and farmers and agricultural partners play an important role in the company’s domestic supply chain. Reynolds American stated that in 2025 it was the largest purchaser of U.S.-grown tobacco leaf from American farmers.

The company said that the “Growing Tomorrow” initiative aligns with its investment plan through 2030 and will cover manufacturing, research, and workforce development across its U.S. operations.

Image source: PRNewswire