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American Tobacco Company

American Tobacco CompanyDefunct manufacturing companies based in North CarolinaDuke family

The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter and Goodwin & Company. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896. The American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. Federal Antitrust action begun in 1907 broke the company into several major companies in 1911.The American Tobacco Company restructured itself in 1969, forming a holding company called American Brands, Inc., which operated American Tobacco as a subsidiary. American Brands acquired a variety of non-tobacco businesses during the 1970s and 1980s and sold its tobacco operations to Brown & Williamson in 1994. American Brands subsequently renamed itself "Fortune Brands".

Excerpt from the Wikipedia article American Tobacco Company (License: CC BY-SA 3.0, Authors).

American Tobacco Company
Blackwell Street, Durham

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N 35.993547222222 ° E -78.904677777778 °
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Power Plant

Blackwell Street 320
27701 Durham
North Carolina, United States
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Hill Building
Hill Building

The Hill Building is a 17-story modernistic skyscraper located in Durham, North Carolina. Built in 1935–1937, the Hill Building was designed by New York City architecture firm Shreve, Lamb & Harmon, best known for the design of the Empire State Building. Named for John Sprunt Hill, and built to house the Durham Bank & Trust Company, the building is outfitted with Art Deco ornamentation, interior fluted doors and an exquisitely crafted letter box. The building is in the heart of downtown Durham, located at the intersection of Main and Corcoran Streets. The Hill building was home to Durham Bank & Trust and its successor, Central Carolina Bank and Trust, from 1937 until its 2005 purchase by SunTrust Banks, which had its local headquarters in the building until 2006.Greenfire Real Estate Holdings, which bought the Hill Building in 2006, successfully renovated the building into a 165-room luxury hotel. The city of Durham voted to add $4.2 million after a September 20, 2010 public hearing regarding this plan, and Durham County voted to add $1 million. Greenfire hoped historic tax credits would provide $11 million, and other tax credits would add $4 million.In February 2013, Greenfire formed a joint venture with Kentucky-based hotel operator 21C Museum Hotels. Construction began in late July 2013 and was completed in 2015. Skanska was in charge of the construction project in partnership with 21c Museum Hotels. The renovation also includes a plan for a contemporary art museum, upscale restaurants, bar and ballroom. The museum is open 24 hours per day and offers free admission. An estimated $48 million was spent to complete the entire renovation for the Hill Building. The hotel itself was inducted into Historic Hotels of America, the official program of the National Trust for Historic Preservation, in 2019.