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INVESTMENT: K-C EARMARKS $50M FOR QUEBEC MILL

ST. HYACINTHE, QC — Kimberly-Clark will spend $50 million on its mill to increase production of incontinence products for the North American market. The expansion, which is scheduled to be complete in the third quarter of 2001, will result in the creation of 25 new jobs. The current investment adds to the $35-million K-C has spent to upgrade the St. Hyacinthe mill, which makes Kotex-brand feminine care products. “This announcement underscores the strategic importance of the St. Hyacinthe facility to Kimberly-Clark’s personal care businesses,” said Clay Hood, vice-president of feminine and adult care product supply at Kimberly-Clark. “The high quality and capability of the workforce here and the continued support of Investissement Qubec were two key determining factors in our decision to invest in the St. Hyacinthe plant.” Investissement Qubec, the provincial government’s investment arm, will provide $4 million in funding for the project.