One of America’s leading household brands Kimberly-Clerks has invested $100 million in a state-of-the-art manufacturing facility in the Ikorodu area of Lagos State. This was made known in a statement from the U.S. Consul General, Claire Pierangelo who welcomed Kimberly Clark’s $100 million state-of-the-art diaper manufacturing facility.
In a statement signed by Information Specialist, Public Affairs Section, Adejumobi Adegbite, Pierangelo said the facility has the capacity to create over 1,000 direct and 5,000 indirect jobs with potential to scale over the next 3-5 years of operation.
The United States, Pierangelo said, is proud to be one of the largest foreign investors in Nigeria, “as leading American brands expand their investment portfolio, providing job opportunities and supporting economic diversification objectives.”
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Delivering remarks at the commissioning of the facility, Pierangelo noted that Nigeria is a critical market for American companies and improving the investment climate would result in more milestones for both countries.
“U.S. Mission to Nigeria continues to work with our counterparts in the Nigerian government to promote an environment that is inviting to U.S. businesses. Through this model of cooperation, we will realize mutually beneficial outcomes – increasing investment, capacities for job creation, and partnerships while improving the lives of workers and consumers,” Pierangelo added.
Pierangelo explained that the commissioning of the new facility showcases the commitment of the United States to deepen its trade and investment ties with Nigeria. She commended Kimberly-Clark for its investment in Nigeria and the company’s contribution to improving hygiene and the health of the people of Nigeria.
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Kimberly-Clark is an American brand with its headquarters in Texas, United States and has a presence around the world manufacturing hygiene and medical products. It began operations in Nigeria in 2012, with the introduction of Huggies® diapers into the Nigerian market in 2015 and Kotex® sanitary pads in 2019.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry