Summary The company completed their spin-off of their healthcare division to enhance shareholder value. The company began a restructuring program to improve organizational efficiency, underlying profitability and increase their ability to invest in targeted growth opportunities.
Kimberly-Clark is a leading global manufacturer of tissue, personal care, and health care products with manufacturing facilities in 41 countries and product sales in more than In 76 countries, our products are No.
Nearly one-fourth of the world's population, or 1. We are one of the leading tissue manufacturers in the world and are the second largest household and personal care products company in the U.
We are a large and diverse community of individuals who trust and respect one another as we work to enhance the quality of life for people around the world. We are motivated to continually deliver superior products and exceed the expectations of our shareholders, our customers, and Restructuring of kimberly clark.
History of Kimberly-Clark Corporation Over years since its founding, Kimberly-Clark Corporation is one of the world's leading producers of tissue, personal care products, and health care products.
The company sells its products in countries and maintains manufacturing operations in 41 countries.
In addition to its market leaders in tissues and feminine- child- and incontinence-care products which include the brands Huggies, Kotex, Depend, KleenexKimberly-Clark is also a major producer of premium business, correspondence and technical papers.
The company is also the market leader in health care products such as facemasks, surgical gowns, and sterilization wrap, and, with its acquisition of Safeskin, Kimberly-Clark is currently the number one producer of examination gloves in the United States. Shattuck, and Kimberly's cousin, Havilah Babcock.
The company began the first paper mill in Wisconsin.
Its initial product was newsprint made from linen and cotton rags. Within six years, the company expanded by acquiring a majority interest in the nearby Atlas paper mill, which converted ground pulpwood into manila wrapping paper.
Inthe company constructed a large pulp- and paper-making complex on the Fox River. The community that grew up around the factory was named Kimberly, in honor of John Kimberly. Among the company's early innovations was the paper used for rotogravure, a procedure for printing photographs with a rotary press.
Inresearchers working with bagasse, a pulp by-product of processed sugar cane, produced creped cellulose wadding, or tissue.
During World War I, this product, called cellucotton, was used to treat wounds in place of scarce surgical cottons. At that time field nurses also discovered that cellucotton worked well as a disposable feminine napkin. The company later recognized the commercial potential of this application and, inintroduced its Kotex feminine napkin.
Inthe company introduced another disposable tissue product, Kleenex, to replace the face towels then used for removing cold cream.
A survey showed, however, that consumers preferred to use Kleenex as a disposable handkerchief, prompting the company to alter its marketing strategy entirely.Kimberly-Clark said it was switching chief executives in the midst of a restructuring program intended to boost profits as it struggles with weak sales.
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and worldwide. The company began a restructuring program to improve organizatio. Kimberly-Clark Announces A Restructuring Initiative As Company Completes Spin-Off. Kimberly-Clark. Kimberly-Clark (NYSE:KMB) is a company that has acquired some businesses and divested others in recent metin2sell.com company has also spun-off their healthcare division, Halyard Health (HYH), within.
Kimberly-Clark Announces Year-End Results, Outlook, New Global Restructuring And Multi-Year Cost Savings Target. Kimberly-Clark is battling higher input costs, which have been troubling the company for a while now. Evidently, commodity cost inflation of $ million, stemming from greater costs of pulp and.