Kimberly-Clark to Invest $2 Billion in US Manufacturing Boost

Published 1 hours agoKMB

Kimberly-Clark to Invest $2 Billion in US Manufacturing Boost

Kimberly-Clark has announced a significant $2 billion investment over the next five years to strengthen its manufacturing and distribution operations in the United States. This substantial financial commitment is centered on enhancing an advanced manufacturing facility in Warren, Ohio, and expanding a distribution center in South Carolina.

The investment is anticipated to create over 900 new jobs in industrial automation and advanced manufacturing, highlighting Kimberly-Clark's focus on boosting its domestic capabilities. This strategic move comes as the company navigates changes in trade policy under the Trump administration, which includes new import tariffs impacting many businesses' supply chain decisions. Reuters noted that this development is part of a broader trend of companies increasing domestic production.

While focusing on U.S. expansion, Kimberly-Clark expects to incur about $300 million in tariff-related costs, leading the company to adjust its annual profit forecast downward. Despite these tariffs, imports from Canada, Mexico, and China account for less than 10% of the company's production costs in the U.S., underscoring its existing commitment to domestic operations.

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