Kimberly-Clark Plans Job Cuts/Plant Closings

bizjournals.com:

Kimberly-Clark Corp., which has plants in Neenah and Marinette, said Friday that it will cut about 6,000 jobs and sell or close up to 20 manufacturing plants as it increases spending on certain core products and emerging markets over the next three years.

The company, based in Irving, Texas, makes such products as Kleenex tissues and Huggies diapers. Kimberly-Clark disclosed its plans as it reported that its second-quarter earnings fell to $421.8 million, or 88 cents per share, from $454.3 million, or 90 cents per share, in the comparable period last year.

K-C moved it’s headquarters from the Fox Valley to Dallas years ago. They still have a large presence in Wisconsin.