Reynolds American Receives FDA Marketing Granted Orders for VELO Nicotine Pouches and Announces $3.2 Billion Investment

Reynolds American received U.S. FDA Marketing Granted Orders for a selection of its VELO nicotine pouches. The company announced a $3.2 billion investment, begun in 2024, to expand U.S. manufacturing capacity and support more than 2,000 direct and indirect jobs across its supply network. The investment is part of its strategy to grow in non-combustible nicotine products and transition toward a predominantly smokeless business.