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Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, was founded in 1918. The Company is one of the world's leading leaf tobacco merchants and processors, based on volumes handled by its subsidiaries and affiliates, and has operations in agri-products. Universal conducts business in more than 35 countries and employs more than 25,000 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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