Kimberly-Clark (KMB) announced plans to invest over $2B over the next five years in its North America business. “Amid rising demand for its consumer brands, which include Huggies diapers, Kleenex tissue, Depend incontinence products, Scott kitchen towels, and Cottonelle bath tissue, these investments will significantly enhance its US manufacturing capacity, accelerate its innovation plans and support its ambitious growth targets,” Kimberly-Clark said in a statement. The company said its investment program centers on two projects: a new advanced manufacturing facility in Warren, Ohio, and an expansion of its Beech Island, South Carolina. The projects are expected to create more than 900 jobs in industrial automation and advanced manufacturing.
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