Koch Industries Net Worth is115.00e $Billion
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Type: Privately held company

Industry: Conglomerate (company)

Foundation: 1940

Location City: Wichita, Kansas, Kansas

Location Country: U.S.

Area Served: Worldwide

Founder: Fred C. Koch

Key People: Charles G. Koch,

Products: Asphalt, Chemical substance, Commodity, energy, fibers, fertilizers, finance, minerals, natural gas, plastics, petroleum, Pulp and paper industry, ranching
Revenue: url

Num Employees: 60,000 (2011)
Owner: Koch family (84%)

Subsid: Georgia-Pacific, Invista

Homepage: http://www.kochind.com//Kochind.com

Koch Industries, Inc. /E?koE?k/ is an American multinational corporation based in Wichita, Kansas, United States, with subsidiaries involved in manufacturing, trading and investments. Koch also owns Invista, Georgia-Pacific, Flint Hills Resources, Koch Pipeline, Koch Fertilizer, Koch Minerals and Matador Cattle Company. Koch companies are involved in core industries such as the manufacturing, refining and distribution of petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizers, pulp and paper, chemical technology equipment, ranching,finance, commodities trading, as well as other ventures and investments. The firm employs 50,000 people in the United States and another 20,000 in 59 other countries.
In 2011, Forbes called it the second largest privately held company in the United States (after Cargill), with an annual revenue of about $98 billion, down from the largest in 2006. If Koch Industries were a public company in 2007, it would rank about 16 in the Fortune 500.
Fred C. Koch, after whom Koch Industries, Inc. is named, co-founded the company in 1940 and developed an innovative crude oil refining process. His sons, Charles G. Koch, chairman of the board and chief executive officer, and David H. Koch, executive vice president, are principal owners of the company after they bought out their brothers, Frederick and William, for $1.1 billion in 1983. Charles and David H. Koch each own 42% of Koch Industries, and Charles has stated that the company will publicly offer shares "literally over my dead body".
In 1925, Fred C. Koch joined MIT classmate Lewis E. Winkler at an engineering firm in Wichita, Kansas, which was renamed the Winkler-Koch Engineering Company. In 1927 they developed a more efficient thermal cracking process for turning crude oil into gasoline. This process threatened the competitive advantage of established oil companies, which sued for patent infringement. Temporarily forced out of business in the United States,

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Koch Industries Latest News

Charles and David Koch, conservative donors, are investors in ‘Wonder Woman,’ ‘Dunkirk’: Report

A spokesperson for Koch Industries, however, denied the claim, saying, “Charles Koch, David Koch and Koch Industries do not have any involvement with this investment,” according to THR, and RatPac did not respond to the Hollywood trade paper’s inquiries.
Posted: August 9, 2017, 12:41 pm

The Koch Brothers Secretly Helped Finance 'Wonder Woman' And Other WB Movies

Of course this story involves both Steve Mnuchin and Brett Ratner. A spokesperson for Koch Industries told THR that "Charles Koch, David Koch and Koch Industries do not have any involvement with this investment."
Posted: August 9, 2017, 10:11 pm

Pence cancels on Koch-backed political group to focus on Asia strategy

part of the political network backed by Charles and David Koch of Wichita-based Koch Industries Inc. According to a report from the Richmond Times-Dispatch, Pence has cleared his entire weekend schedule in order to focus on White House strategy in Asia and ...
Posted: August 18, 2017, 4:17 am

AWPPW rejects Georgia-Pacific / Koch Industries concessionary contract proposal

Workers at the Georgia-Pacific paper mill in Camas, Washington, voted overwhelmingly to reject their employer’s contract offer and authorize a strike, Association of Western Pulp and Paper Workers (AWPPW) announced Aug. 9. The rejected company proposal ...
Posted: August 16, 2017, 2:26 pm

Summer's Big Blockbusters Secretly Funded by the Ultra-Conservative Koch Brothers, Says Report

A spokesperson for Koch Industries says, “Charles Koch, David Koch and Koch Industries do not have any involvement with this investment.” Though it feels like insult to injury that ultra-conservative, Tea Party-funding gazillionaires would make profit ...
Posted: August 9, 2017, 3:20 pm
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