Thursday, November 29, 2012

Nicaragua's Cigar Boom

 

(David Savona) Call this the golden age of Nicaraguan cigars. Twenty years ago, Nicaraguan smokes were virtually absent from the cigar industry. Ten years ago, they lagged far behind Honduras and market leader Dominican Republic. But if current trends hold, Nicaragua will end the year as the No. 1 producer of premium cigars by volume for the U.S. market, shipping more than double the cigars it did only six years ago. Several prominent names in cigars have looked to Nicaragua for expansion in recent years. Rocky Patel Premium Cigars Inc., which for many years made all of its cigars under contract in Honduras, now owns its own factory in Estelí, Nicaragua. Continued

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