Kimberly-Clark to invest 400 million dollars in Mexico

Foto: Crestomatía | Kimberly-Clark Mexico will invest, between 2016 and 2017, around 400 million dollars for the capacity expansion of various products, improve processes and maintenance of the productive plant.

This investment will also be used in acquisitions of Shield, the antibacterial soaps brand, and the 50 percent of the firm in products for personal care, home hygiene and hygiene of 4E pets.

In information sent to the Mexican Stock Exchange (BMV, for its acronym in Spanish), the company said that these resources are online, with the ordinary business course, and do not differ on the type of investments that KCM has done in the past.

“The total investment to be made and the amount invested depends on the final analysis of each project, obtaining internal approvals and approvals from governmental authorities, as well as negotiations with third parties, so the preliminary figure could substantially change,” it said.

However, it stated that the investment program can also be modified, depending on the economic environment, market and competition.



Leave a Reply

Your email address will not be published.