Universal Corp. is engaged in the processing and trading of leaf tobacco. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco to manufacturers of consumer tobacco. It operates through the following business segments: North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services. The North America, South America, Africa, Europe, and Asia segments are involved in flue-cured and burley leaf tobacco operations. The Dark Air-Cured segment includes supplying dark air-cured tobacco to manufacturers of cigars, pipe tobacco, and smokeless tobacco products. The Oriental segment involves oriental tobacco. The Special Services segment provides laboratory services, including physical and chemical product testing and smoke testing. The company was founded in 1918 and is headquartered in Richmond, VA.