| M & F Worldwide Corp., through its indirect wholly owned subsidiary, Pneumo Abex Corporation, produces a variety of licorice flavors from licorice root, intermediary licorice flavors produced by others, and certain other ingredients at its facilities in Camden, New Jersey; Richmond, Virginia; Gardanne, France; and Xianyang Shaanxi, People's Republic of China. The company primarily sells its licorice for use as flavoring and moistening agents in the manufacture of American blend cigarettes, moist snuff, chewing tobacco, and pipe tobacco. It also sells licorice flavorings to confectioners, food processors, and pharmaceutical manufacturers for use as flavoring or masking agents. In addition, the company sells licorice root residue as garden mulch under the Right Dress name. Further, it manufactures and sells other flavor products and plant products, which include natural roots, spices, and botanicals that are used in food, tobacco, pharmaceutical, and health foods. The company was incorporated in 1988 and has its principal executive offices in New York City, New York. |
