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    Top Features
    INDEX 23: Nonwovens Industry Gathers in Geneva, Switzerland

    2023 Company Capabilities

    Needlepunch Nonwovens Report

    Roofing & Construction Report

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    Weekly Recap: Corman, Tosama Develop Biodegradable Plastic Tampon Applicator, Trevira Changes Name

    Suominen Appoints SVP, Transformation Management Office

    Domtar Celebrates Airlaid Nonwovens Expansion

    Ahlstrom Introduces Reliance Fusion Sterilization Wrap

    INDA Publishes North American Nonwovens Report
    Nonwovens Insights
    Online Exclusives
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    Absorbent Core
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    Apparel
    Automotive and Transportation
    Face Masks
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    Feminine Hygiene
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    Geotextile / Agrotextile
    Home Products
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    Industrial / Institutional
    Inspection / Quality Control
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    Ahlstrom Introduces Reliance Fusion Sterilization Wrap

    Freudenberg Earns Material Health Certification for Comfortemp Product Series

    Albaad Named Among Israel's 150 Most Trusted Companies

    Corman, Tosama Develop Biodegradable Plastic Tampon Applicator

    Attn: Grace Launches Bladder Leakage Products in Walmart
    Air Through Bonding
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    Domtar Celebrates Airlaid Nonwovens Expansion

    Ahlstrom Introduces Reliance Fusion Sterilization Wrap

    Acmemills Launches Natura Nonwoven for Flushable Wipes

    Smithers Releases Spunlace Market Report

    Private Equity Fund Acquires Majority Stake in Magic
    China
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    Naturopera Invests in Sustainable Baby Diaper Production

    China's Nonwovens Production Remains Stable in 2022

    Henkel Opens Technology Center in New Jersey

    Noble Hygiene Launches Slim Disposable Absorbent Underpants in India

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    Acmemills Launches Natura Nonwoven for Flushable Wipes

    Henkel Opens Technology Center in New Jersey

    Autefa to Highlight Sustainable Solutions at ITMA

    Smithers Releases Spunlace Market Report

    Groz-Beckert to Exhibit at ITMA
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    Breaking News

    K-C announces details on restructuring program.

    Company to eliminate 1100-1300 jobs by end of next year.

    10.22.14
    In announcing its third quarter financial results this week, Kimberly-Clark executives announced further details on a restructuring program intended to offset overhead costs associated with the spinoff of K-C Healthcare later this month. Company CEO Thomas Falk said that K-C will eliminate 1100-1300 jobs by the end of 2015. These efforts will save the company $120-140 million by the end of 2017, more than compensating for the $85 million costs associated with the healthcare spinoff.

    “This is a further example of how we manage our company with financial and cost discipline,” Falk says.

    K-C announced earlier this year it would spin off its healthcare business into a standalone company known as Halyard Healthy. The spinoff is set to become effective the end of business October 31.

    In other news, K-C executives reported strong growth in its global diaper business during the third quarter. Sales were reportedly up 25% in China, Russia and Eastern Europe and 10% in Brazil. Meanwhile, diaper and training pant sales were soft in the U.S. but the company reported growth in its U.S. adult incontinence and baby wipes businesses.
    Related Searches
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    CURRENT ISSUE

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