Thomas Top Five: The $10B Brand Power Play How Kimberly-Clark and Kenvue Are Teaming Up

Video Transcript

Kimberly-Clark is set to acquire fellow consumer goods company Kenvue in a deal valued at approximately $48.7 billion. The merger is expected to combine ten billion-dollar brands — including Kleenex and Tylenol — creating one of the largest consumer health and household goods firms. Read our write-up about the new company's structure.

Next, U.S. Steel is investing in its tubular operations in Alabama by adding a new premium thread line. This upgrade is designed to increase the company's threading capacity for the energy sector, bringing 44 new full-time jobs and 250 construction jobs to the region. Head on over to our article for details on the production improvements.

In aquatic mobility news, a startup called Kikfin is developing a line of underwater jetpacks inspired by the movements of a shark. The Kikfin Fly and the more powerful Kikfin Shark models feature multi-jet arrays and fin-inspired designs, providing divers with a hands-free way to glide through water. Check out this video coverage to see the speed and agility of both jetpacks.

Lawn care is getting a serious upgrade with NexLawn's Master X Vision robot concept. This autonomous robot uses vision sensors and LiDAR to navigate, and it features an interchangeable arm with attachments for picking up obstacles, trimming, and even watering plants. You can go to our video to watch the prototype in action.

Last but not least, the U.S. government has announced nearly $750 million in federal loans and incentives to expand the domestic production of critical rare-earth magnets. Federal departments?ˉ partnership with Vulcan Elements and ReElement Technologies aims to establish an entirely domestic supply chain for magnets used in defense systems and electric vehicles. Discover more in this article about how the initiative will reduce reliance on imported materials.

Learn More about Popular Industries on Thomasnet

Automation Systems

Coatings

Electronic Equipment & Devices