Kimberly-Clark Corp. is converting a plant to make toilet paper for homes instead of offices, and Procter & Gamble Co. is adding beard-care products in addition to Gillette razors. There is no guarantee demand will remain high enough to require the extra production capacity. Now the company is spending more than $100 million to add more production capacity next year. Switching gears is especially costly and complicated for makers of paper towels and toilet paper. Procter & Gamble, which makes Charmin toilet paper and Bounty paper towels, and Georgia Pacific LLC, maker of Brawny paper towels and Quilted Northern toilet paper, said they don’t plan to add substantial capacity for consumer-grade products.

Source: Mint December 28, 2020 04:30 UTC