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Kimberly-Clark paper mill in Niagara, Wisconsin, 1942. 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 (equivalent to US$1,068,200 in 2023) of capital. [5]
John Alfred Kimberly (July 18, 1838 – January 21, 1928) was an American manufacturing executive, a founder of Kimberly-Clark Corporation of Neenah, Wisconsin. Born in Troy, New York , he moved with his family to Wisconsin at age nine and settled in Neenah.
Organized as Kimberly, Clark & Company in 1872, their guiding principle was that they would function as an interchangeable yet complementary team of players, much in the same way Kimberly and Babcock had in their dry goods business. Initially, however, construction of a mill and the operational start up were undertaken by Kimberly and Clark.
On March 26, 1872, Kimberly, Clark & Co. was established in Neenah, Wisconsin through the partnership of four businessmen—John A. Kimberly, Havilah Babcock, Charles B. Clark and Frank C. Shattuck. [1] The first healthcare product by Kimberly-Clark was absorbent wadding, intended to replace cotton.
Kimberly-Clark (NYS: KMB) carries $3.6 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Midwest Airlines began in 1948, when Kimberly-Clark began providing air transportation for company executives and engineers between the company's Neenah, Wisconsin headquarters and its mills. Operating out of the nearby Appleton International Airport , early employee shuttle destinations included Chicago O'Hare, Memphis, and Atlanta's Fulton ...
A Brief History of Kimberly-Clark's Returns. Motley Fool Staff. ... Kimberly-Clark's normalized earnings per share grew at an average rate of just 3.3% from 2001 until today. That's low -- just a ...
Source: Capital IQ, a division of Standard & Poor's. Free cash flow is adjusted based on author's calculations. Over recent years, Kimberly-Clark's earnings and free cash flow have held relatively ...