Universal Corporation is a global leader in the leaf tobacco industry, with its headquarters located in Richmond, Virginia. Established in 1918, the company has a rich history of sourcing and processing flue-cured, burley, and dark air-cured leaf tobacco for manufacturers of consumer tobacco products. It has expanded its focus to become a global business-to-business agri-products supplier, sourcing and processing leaf tobacco and plant-based ingredients, and providing value-added manufacturing processes to produce high-quality, specialty vegetable- and fruit-based ingredients, botanical extracts, and flavorings. Operating in over 30 countries on five continents, Universal Corporation has a workforce of over 25,000 permanent and seasonal employees, with over 1,000 based domestically. As of March 31, 2022, the company's revenues reached slightly over $2.1 billion. The company operates in the Agriculture industry and is based in the United States. This company's long-standing history and global presence in the leaf tobacco industry position it as a key player in the agri-products supply chain. With a focus on diversification into plant-based ingredients and expanding its geographical footprint, Universal Corporation demonstrates a commitment to adaptation and growth in response to market demands. Its extensive workforce and substantial revenues underscore its position as a major player in the global agri-products industry. As the company continues to expand and diversify its offerings, it presents an intriguing opportunity for potential investors seeking exposure to the agriculture and plant-based products sectors.
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