[WORLDKINGS] Top 100 companies over 100-years and still in business – P75 - Kimberly-Clark Corporation (United States): 148 years of development of the corporation owns Huggies, the world’s famous disposable diaper brand (1872)

09-10-2020

(WorldKings.org) Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments.

 

 

Kimberly, Clark and Co. was founded in 1872 by John A. Kimberly, Havilah Babcock, Charles B. Clark and Franklyn C. Shattuck in Neenah, Wisconsin, with $42,000.

The group's first business was operating paper mills, which the collective expanded throughout the following decades. In 1888, the fledgling company faced a significant setback when its groundwood "Atlas" paper mill burned in 1888, however through an extensive effort by labor and management, within five months the mill was rebuilt and in production at a greater capacity.

 

 

In that same year, the company began a rapid expansion, purchasing land in a town then known as The Cedars for a new groundwood pulp plant designed by a prominent paper mill.

The company developed cellu-cotton in 1914, a cotton substitute used by the U.S. Army as surgical cotton during World War I. Army nurses used cellu-cotton pads as disposable sanitary napkins, and six years later the company introduced Kotex, the first disposable feminine hygiene product.

 

 

Kleenex, a disposable handkerchief, followed in 1924. Kimberly & Clark joined with The New York Times Company in 1926 to build a newsprint mill in Kapuskasing, Ontario, Canada. Two years later, the company went public as Kimberly-Clark.

The firm expanded internationally during the 1950s, opening plants in Mexico, West Germany and the United Kingdom. It began operations in 17 more foreign locations in the 1960s.

 

 

Kimberly-Clark's headquarters moved from Neenah, Wisconsin to Irving, Texas in 1986, although its products are still produced in Neenah. Under the leadership of Darwin Smith as CEO from 1971 to 1991, the company was transformed from a business paper company to a consumer paper products company.

 

 

Today, Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 175 countries.  The company’s brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.

With recent annual revenues topping $18 billion per year, Kimberly-Clark is regularly listed among the Fortune 500. As of March 2020, the company had approximately 40,000 employees.

According to en.wikipedia


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