Kimberly-Clark plans $130M expansion in Mobile, adds 29 jobs
MOBILE, Ala. (WKRG) — Kimberly-Clark Corporation will expand its Mobile manufacturing facility.
Mobile police identify man killed by officers Saturday
According to a news release from the Mobile Chamber, this investment is for the company's production line for a new generation of consumer-preferred hygiene products.
'This expansion represents a strategic investment in Kimberly-Clark's future and underscores our commitment to solving unmet consumer needs through innovation,' Kimberly-Clark chief supply chain officer Tamera Fenske said.
'Our Mobile facility exemplifies manufacturing excellence, powered by a team whose skill, dedication and passion deliver the essential products our consumers count on every day,' she said. 'This investment not only enhances our North American manufacturing capabilities but also deepens our longstanding partnership with the Mobile community. We're proud to grow our presence here and create additional opportunities that will benefit both our business and the region for years to come.'
Mobile Chamber officials said the project is a capital investment of more than $130 million and will create 29 jobs.
'Kimberly-Clark is one of Mobile's cornerstone employers, and this investment reflects the strength of our workforce and business climate,' Mobile Chamber President and CEO Bradley Byrne said. 'Continued innovation and growth at the Mobile facility mean long-term stability for hundreds of families and a clear signal that Mobile is a smart place to do business.'
Bay Minette bank robbery: police give new details
Company officials expect the new production line to be operational by the third quarter of 2027.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Kimberly-Clark To Sell Majority of $3.4B Global Tissue Business
Kimberly-Clark said Thursday that it agreed to create a new venture with Brazilian paper products firm Suzano. Suzano will own a 51% stake in the company's international tissue and paper products business, while Kimberly-Clark owns the remaining 49%. The Kleenex and Huggies parent said earlier this year it was looking to focus on higher growth businesses with higher profit (KMB) on Thursday announced a partnership with Brazilian pulp and paper producer Suzano (SUZ) to split ownership of Kimberly-Clark's international tissue and paper products business. The parent company of Cottonelle toilet paper and Huggies diapers said Thursday it will own a 49% stake in the business, which Kimberly-Clark named its "International Family Care and Professional" (IFP) segment in a restructuring effort earlier this year, with Suzano owning the majority 51% stake. The international tissue business Kimberly-Clark is offering up generated about $3.3 billion in sales in 2024, the company said, valuing it currently at about $3.4 billion. The IFP segment has more than 40 regional brands that the new venture will own the rights to, while five global brands like Kleenex and Scott's paper towels will be licensed to the venture, excluding Kimberly-Clark's operations in Mexico and South Korea. "Following years of deliberate investments that have strengthened Kimberly-Clark and IFP, we are excited to expand our partnership with Suzano and focus Kimberly-Clark's portfolio on our higher growth, higher margin businesses," Kimberly-Clark CEO Mike Hsu said. Suzano will later have the chance to potentially buy out Kimberly-Clark's 49% stake "at certain specified times and subject to certain conditions," the companies said. The deal announced Thursday is expected to close by the middle of next year. Kimberly-Clark's first quarter profits had topped estimates while sales fell short. When the company reported its results in April, it also lowered its full-year profit forecasts to account for the potential impact of tariffs. Shares of Kimberly-Clark were down about 2% in early trading Thursday, while Suzano's U.S.-listed shares jumped 5%. Read the original article on Investopedia
Miami Herald
27 minutes ago
- Miami Herald
Popular tire company makes harsh cost-cutting decision amid declines
When thinking about Formula 1, the world's most prestigious motor racing competition, only a few tire brands come to mind. This is because the motorsport uses a single tire supplier to ensure an even playing field for all teams, and the selected manufacturer must be exceptionally reliable and capable of meeting the sport's demanding performance standards. This popular tire company rose to stardom as Formula 1's tire supplier from 1997 to 2010, providing tires for top teams like Ferrari for many years. Don't miss the move: Subscribe to TheStreet's free daily newsletter Ultimately, the company chose to end its long-standing partnership with Formula 1 in 2010 to refocus its resources and prioritize its business, as the returns on investment no longer met expectations. Related: Tesla unveils an unusual innovation to win back customers However, even the world's largest tire and rubber company is not immune to today's economic challenges or devastating shutdowns to make ends meet. Shutterstock The multinational tire and rubber company Bridgestone Corp. has faced various business challenges over the last few months, including a decline in tire demand in the North American market, partly due to increased imports of low-priced tires. These bumps in the road have only grown due to U.S. tariff implementations and the uncertain economy. To mitigate the effects of these challenges, the company developed a Mid-Term Business Plan that would be enacted from 2024 to 2026. This multi-year strategy consisted of significant cost reductions and various restructurings to strengthen the company financially. Related: When you'll see empty retail store shelves due to tariffs However, in the first quarter of fiscal 2025, once positive numbers have now flipped, total revenues declined by 1% compared to last year, and the Americas went down 3%. The company predicts more negative revenues for the rest of 2025, predicting a 2% decline compared to the year prior. Bridgestone Americas Tire Operations, the U.S. subsidiary of Bridgestone Corp. (BRDCY) , filed a WARN notice with the Tennessee Department of Labor and Workforce Development (TDLWD) on May 30 to inform the state that it will be permanently closing its Bridgestone facility in La Vergne, Tenn., on July 31, impacting 658 hourly and staffed workers. The Worker Adjustment and Retraining Notification Act, or WARN, requires companies to give employees 60 days' notice before planned closures or mass layoffs. This filing comes months after the company made the initial announcement of the closure in January, but no filing had yet been made. More Retail News: United Airlines CEO sounds the alarm on cheapest tickets everPopular fast-food burger chain to open first store in new marketPeloton creates new way for consumers to get cheaper equipment "This decision is part of the company's strategic initiatives to optimize its business footprint, strengthen its competitiveness and enhance the quality of the company's U.S. operations," stated the company in the initial announcement. The closure reduces costs in strategic areas, allowing Bridgestone Americas to operate more efficiently and focus on value creation, which is the second part of its Mid-Term Business Plan that will take place from 2024 to 2025. Since the day the WARN notice was filed, Bridgestone Corp.'s stock has declined by over 6% as of June 4. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
37 minutes ago
- Yahoo
NEW ERA CAP AND MAJOR LEAGUE SOCCER ANNOUNCE NEW ON-FIELD CAP PARTNERSHIP
New Era to produce apparel and headwear for all 30 MLS clubs across the U.S. and Canada BUFFALO, N.Y., June 5, 2025 /PRNewswire/ -- New Era Cap, LLC, and Major League Soccer (MLS) today announced an agreement that enshrines New Era Cap as the Official On-Field Cap of MLS and grants the international sports and lifestyle brand with rights to produce and distribute headwear and apparel for all 30 MLS clubs including San Diego FC, which made its debut in 2025. "With soccer's rapid rise in the U.S., this partnership aims to accelerate the sport's momentum and bring added attention to the outstanding talent and unique experiences that MLS clubs are delivering every single match," said Tim Shanahan, Senior Director of Licensed Products at New Era Cap. "New Era Cap is committed to soccer culture in North America, and we'll be there for the fans, athletes, and coaches, ready to provide products fit for the glory of every unforgettable golazo, hard-won tackle, and trophy-hoisting moment. The global game is growing faster than ever, and New Era is proud to team up with MLS to help it flourish here." Over the past several years, MLS has seen remarkable growth in the U.S. and Canada, and with the 2026 FIFA World Cup on the horizon, for the next two years North America will be the epicenter of global soccer. Both New Era and MLS are focused on harnessing this momentum to drive the continued growth and expansion of the sport during the most exciting time in North American soccer history. Together, they will engage both new and existing fans by introducing new products and creating authentic experiences that will leave a lasting impact both on and off the pitch. "We are currently in one of the most exciting chapters in the history of our sport, and we are proud to welcome New Era Cap as the official on-field cap provider of MLS," said Rachel Hoagland, MLS SVP, Consumer Products. "As the game continues to grow at unprecedented levels across North America, this partnership will bring fans even closer to the players they love and that will further deepen their connection to our league and fuel fandom." Beginning this summer, fans will find fresh new looks as the partnership takes root. New Era Cap will launch new collections as part of the adidas x MLS Archive Collection as well as the MLS All-Star Game and MLS Cup Final presented by Audi. New Era will also debut additional MLS headwear and apparel products for everyday wear. In recent years, New Era has expanded its portfolio of licenses in global soccer, building on the legacy it established with the major U.S. leagues to foster fan engagement and shape culture in partnership with many of the biggest brands in international soccer. New Era and several MLS clubs have worked together previously to create licensed products, both headwear and apparel. The impact of this new agreement grows even wider, as '47—now part of New Era's family of brands—will also have product available for MLS clubs. The announcement between MLS and New Era Cap arrives during a period of great momentum behind the sport of soccer in North America. As MLS is underway in its 30th season, the U.S. is also preparing to host the Concacaf Gold Cup and FIFA Club World Cup taking place in 2025, as well as the FIFA World Cup across the U.S., Canada and Mexico in 2026. Fans can look forward to New Era's 2026 MLS Kickoff Collection—which will drop in December, ahead of the 2026 season. All products will be sold on and at select retailers. About New Era Cap:Since 1920, New Era has been hand-crafting the finest headwear in the world. Today, with an expansive portfolio of global licenses, the addition of apparel and accessories lines, and 1,000+ worldwide retail store network, the brand is a market leader rooted in sports and an influencer of street and lifestyle culture around the world. The Company is headquartered in Buffalo, N.Y., and its products are sold in more than 125 countries. For more information on New Era's global offices and partnerships, visit and social channels @neweracap. About Major League SoccerHeadquartered in New York City, Major League Soccer -- celebrating its 30th season in 2025 -- features 30 clubs throughout the United States and Canada. All MLS, Leagues Cup, and select MLS NEXT Pro and MLS NEXT matches can be watched through MLS Season Pass, available on the Apple TV app on Apple devices, smart TVs, streaming devices, set-top boxes, and game consoles, and the web at MLS Season Pass features the most expansive and accessible lineup of programming ever for MLS fans. For more information about MLS, visit For more information about the Apple TV app, visit Media Contacts John MackowiakThe Martin Group for New Era Cap, LLC.518-618-1175 | jmackowiak@ Peter O'BrienMajor League View original content to download multimedia: SOURCE New Era Cap LLC
