India, May 1 -- Kimberly-Clark Corp. (KMB) has unveiled plans to invest over $2 billion in its North America business over the next five years. The strategic initiative aims to strengthen the company's manufacturing capabilities, accelerate innovation, and support ambitious growth objectives, driven by rising demand for its consumer brands such as Huggies diapers, Kleenex tissue, Depend incontinence products, Scott kitchen towels, and Cottonelle bath tissue.
The investment program will focus on two major projects: the construction of a new advanced manufacturing facility in Warren, Ohio, and the expansion of its Beech Island, South Carolina, site, which will include a state-of-the-art automated distribution center. Additionally, the compan...