Kimberly, Clark, and Co. was founded in 1872 by John Kimberly, Havilah Babcock, Charles Clark, and Franklyn Shattuck in Neenah, Wisconsin, with $42,000 of capital. The group’s first business was operating paper mills, which the collective expanded throughout the following decades.
After several paper mills burned to the ground in 1888, the company expanded and improved its manufacturing process.
The main focus of the company remains paper products, including facial tissues, diapers, paper towels, toilet paper, and napkins.
In April 2020, panic buying due to the Covid quarantine led to a 13 percent increase in sales.
In June 2022, the company acquired a majority stake in Thinx, a company that produces period-proof underwear for women.
Kimberly Clark had revenue of $19.1 billion in 2020 and it employs more than 40,000 persons.
After increasing prices again in 2023, the company announced that it would be its own profit expectations for the third quarter.
Kimberly Clark maintains a corporate office in Irving, Texas.
Kimberly, Clark, and Co. was founded in 1872 by John Kimberly, Havilah Babcock, Charles Clark, and Franklyn Shattuck in Neenah, Wisconsin, with $42,000 of capital. The group’s first business was operating paper mills, which the collective expanded throughout the following decades.
After several paper mills burned to the ground in 1888, the company expanded and improved its manufacturing process.
The main focus of the company remains paper products, including facial tissues, diapers, paper towels, toilet paper, and napkins.
History
In April 2020, panic buying due to the Covid quarantine led to a 13 percent increase in sales.
In June 2022, the company acquired a majority stake in Thinx, a company that produces period-proof underwear for women.
Kimberly Clark had revenue of $19.1 billion in 2020 and it employs more than 40,000 persons.
After increasing prices again in 2023, the company announced that it would be its own profit expectations for the third quarter.
Kimberly Clark maintains a corporate office in Irving, Texas.