Kimberly-Clark Corporation

Kimberly-Clark Corporation

Type	Public
Traded as	: KMB S&P 500 Component
Industry	Personal care
Founded	1872; 145 years ago (1872) Neenah, Wisconsin, U.S.
Founders	John A. Kimberly Havillah Babcock Charles B. Clark Franklyn C. Shattuck
Headquarters	Irving, Texas, U.S. (since 1985)
Key people	Thomas J. Falk, CEO/Chairman Maria Henry, SVP/CFO
Products	Kleenex Huggies Kotex Depend Scott VIVA Cottonelle Andrex Pull-Ups GoodNites Little Swimmers Poise Neat Sheet
Revenue	$21.152 billion (2013) $21.063 billion (2012)
Operating income	$3.208 billion (2013) $2.686 billion (2012)
Net income	$2.142 billion (2013) $1.75 billion (2012)
Total assets	$18.919 billion (2013) $19.873 billion (2012)
Total equity	$5.14 billion (2013) $5.287 billion (2012)
Number of employees	43,000 (December 2014)
Website	www.kimberly-clark.com

Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. Kimberly-Clark 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.

Founded in Neenah, Wisconsin, in 1872 and based in Irving, Texas, since 1985, it has approximately 43,000 employees. Kimberly-Clark UK holds Royal Warrants from Queen Elizabeth II and from the Prince of Wales in the United Kingdom. Kimberly-Clark is also listed among the Fortune 500. Subsidiaries under Kimberly-Clark include Kimberly-Clark Professional.

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 of capital. The group's first business was operating paper mills, which the collective expanded throughout the following decades. 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.