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CEO of Montco tobacco company dies

Clinton O. Price Sr. had retired just this past month as chairman and CEO of John Middleton Inc. a privately held tobacco firm with facilities in King of Prussia and Limerick that was sold in November for $2.9 billion to Altria Group Inc., parent of Philip Morris U.S.A.

Price died Dec. 22 from injuries sustained in an automobile crash Dec. 20 in Upper Merion Township. Price had planed to play an advisory role during the transition. Price was 65 and lived in King of Prussia. He started as factory worker and worked his way to company chairman. Price is credited with developing the production process for the Black & Mild brand cigar, which has a blend of pipe and cigar tobacco.

- Sally Downey

Comments (1)

Mary Runco:

I worked with Clint for the past 10 years at John Middleton. I went swimming at his home a couple times. Clint always walked around with a smile on his face. I just seen him 2 weeks ago. He was such a good man. I will miss him dearly. Mary R

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This page contains a single entry from the blog posted on December 26, 2007 3:33 PM.

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