Kimberly-Clark announces plans to invest over $2 Billion to Expand US Manufacturing, Accelerate ... - Stockxpo - Grow more with Investors, Traders, Analyst and Research

Kimberly-Clark announces plans to invest over $2 Billion to Expand US Manufacturing, Accelerate …

  • Kimberly-Clark (KMB, Financial) announces a $2 billion investment in North America, marking its largest domestic expansion in 30 years.
  • The expansion will create over 900 jobs in industrial automation and advanced manufacturing.
  • New facilities in Ohio and South Carolina will leverage advanced robotics and AI for enhanced operational efficiency.

Kimberly-Clark Corporation (KMB) has unveiled plans to invest more than $2 billion over the next five years in its North American operations, representing the company’s most significant domestic expansion in three decades. This strategic move aims to bolster its manufacturing capabilities and accelerate innovation amidst growing consumer demand for its key brands, such as Huggies, Kleenex, and Cottonelle.

The investment encompasses two major projects: the construction of an advanced manufacturing facility in Warren, Ohio, and the expansion of an existing site in Beech Island, South Carolina, featuring a new automated distribution center. The Warren facility will span over a million square feet and serve approximately 117 million consumers across the Northeast and Midwest regions, fostering reduced transportation costs and faster market reach.

Furthermore, the Beech Island site will include a state-of-the-art Regional Distribution Center, enhanced by advanced robotics, AI-powered logistics systems, and high-density automated storage solutions to streamline distribution processes. This addition to South Carolina’s largest manufacturing site aligns with the company’s broader “Powering Care transformation” initiative, which focuses on network optimization and innovative growth.

Construction for both facilities is set to commence in May 2025, with expected completion over the subsequent two to three years. The projects are anticipated to create over 900 high-skilled jobs, reflecting the company’s commitment to driving sustainable growth through innovation and efficiency.

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