Kimberly-Clark (KMB) is investing $2B to expand its U.S. manufacturing capabilities over five years, making a long-term bet on the American consumer even as it cut its profit forecast, The Wall Street Journal’s Natasha Khan reports. The maker of Kleenex tissues, Scott kitchen towels and Huggies diapers said it expects to create more than 900 jobs in industrial automation and advanced manufacturing, the author notes.
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