Kimberly-Clark de México (KCM) is a Mexican company that engages in the manufacture and commercialization of disposable products for daily use by consumers within and away-from home in Mexico and internationally. The company's products include diapers and childcare products, feminine pads, incontinence care products, bath tissue, napkins, facial tissue, hand and kitchen towels, wet wipes and health care products. Today, the company has 8,000 direct employees and over 10,000 indirect jobs.[2]
History
The origin of KCM dates to the "La Aurora" Paper Factory in 1925 in the municipality of Naucalpan, in the State of Mexico. In 1932 Kimberly-Clark Corporation entered Mexico with its Kotex and Kleenex brands. By 1959, Kimberly-Clark Corporation acquired 100% of the capital of the La Aurora factory, thus becoming Kimberly-Clark de México.
In 1962, Kimberly-Clark Corporation sold 40% of KCM's shares on the Mexican Stock Exchange, marking an important milestone in its history.[3]
In the following years, KCM continued its growth:
On October 22, 2019, the CEO announced that Kimberly-Clark de Mexico will no longer be making short-term investments in Mexico, due to differences with President Andrés Manuel López Obrador