The second largest private company in the United States: Koch Industries, Inc

Koch Industries, Inc., or Koch Industries for short, was founded on February 8, 1940. It employs about 122000 employees in 60 countries around the world. About half of its business is in the United States. It is the largest non Canadian landowner of Athabasca oil sands.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

Koch Industries, Inc

Koch Industries, Inc. is a private multinational enterprise group headquartered in Wichita, Kansas Cargill The second largest private enterprise in the United States. Its subsidiaries are involved in oil, chemicals, energy, fiber, intermediates and polymers, minerals chemical fertilizer , pulp and paper, chemical technology equipment cloud computing Manufacturing, refining and distribution of financial and commodity market transactions and investments. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

Koch Industries owns Flint Hills Resources, Georgia Pacific, Guardian Industries, Infor, Invista, KBX, Koch Ag&Energy Solutions, Koch Engineered Solutions, Koch Investments Group, Koch Minerals&Trading and Molex. The company has 122000 employees in 60 countries, about half of which are in the United States. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

Koch Industries was founded by Fred C. Koch of the same name in 1940. He developed a more efficient pyrolysis process that can automobile More gasoline and other products are extracted from crude oil with the rapid increase of consumption. Fred C. Koch died in 1967, and his majority stake in the company was divided by his four sons. In June 1983, after a heated legal and board debate on the amount of dividends paid by the company, Frederick R. Koch and William "Bill" Koch's shares were bought out at a price of $1.1 billion, and Charles Koch and David Koch became major shareholders of the company. Charles owns 42% of the company's shares; The trust fund established for the interests of Elaine Tettemer Marshall (the daughter-in-law of J. Howard Marshall) and Elaine's children Preston Marshall and E. Pierce Marshall Jr., owns 16% of the company's shares. Julia Koch, David Koch's widow, and her children own the remaining 42% of the company. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

In 2017, the company was selected Forbes A list of the best employers in the US states. It was removed from the list in 2021. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

A subsidiary of Koch Industries, Inc

Venture capital subsidiary Koch Disruptive Technologies （KDT）

KDT portfolio companies include ： The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

1. Medical care: Artera DeepCell、Immunai、INSIGHTEC、NeuraLight、Oshi Health、Resilience、 Shine 、Sight、 VALO Health ；
2. Supply chain and manufacturing technology: Desktop Metal 、 Fabric 、 GATIK 、 Gideon Brothers、Greeneye、Outrider、Pandion、 Percepto 、 REPOWR、SVT Robotics、Trackonomy；
3. network security ： Automox 、 Beyond Identity、CYREBRO、Dragos、ForAllSecure、OneLayer、 Snyk 、 Strider、Wib、SemiConductors；
4. semiconductor Company: Celestial AI 、 Pliops、proteanTecs、PxE、Speedata、 Vayyar ；
5. Connectivity: Alkira 、Astranis、 Cohere 、 DeepCube、Nile、Weavix；
6. financial technology ： 8fig 、Arkestro、 Ibotta 、OneOf、 Paradigm 、 Silo、Upgrade, Inc.、The Zebra；
7. enterprise Software ：Bodo、D2IQ、QCWare、 Via 、Volumez；
8. Energy transformation: BlueCurrent, Standard Lithium.

Other subsidiaries of Koch Industries include

• Flint Hills Resources LP Flint Hills Resources LP, formerly known as Koch Petroleum Group, is a refining and chemical company located in Wichita, Kansas. It sells gasoline, diesel, jet fuel, ethanol, polymers, intermediate chemicals, base oil and asphalt. It operates refineries in six states and chemical plants in Illinois, Texas and Michigan. The company also produces asphalt for paving and roofing applications at 13 asphalt terminals in six states. The company manages to purchase domestic crude oil from its offices in Texas and Colorado. It has five ethanol plants in Iowa, one in Nebraska, refinery terminals in Alaska, and operates refineries in Alaska, Texas, and Minnesota.
• Georgia-Pacific Georgia Pacific is a paper and pulp company, which produces various household products under the brands of Brawny, Angel Soft, Mardi Gras, Quilted Northern, Dixie, Sparkle and Vanity Fair. The Atlanta based company operates in 27 states.
• Guardian Industries : Guardian Industries is an industrial manufacturer of glass, automotive and construction products located in Auburn Hills, Michigan. The company produces float glass and glass products for commercial, residential and automotive applications. The company has more than 18000 employees and currently operates in North and South America, Europe, Asia, Africa and the Middle East. Koch made an initial investment in the company in 2012 and purchased the remaining part of the company in November 2016.
• Infor : Koch invested $2 billion in Infor, which focuses on cloud computing, in November 2016, and another $1.5 billion in January 2019. In April 2020, Koch acquired the rest of the company with a deal of $13 billion.
• Invista : Invista paid $4.4 billion in 2004 from DuPont Acquisition is a polymer and fiber company that produces "Steinmaster" carpet products. "Lycra" fiber brand was sold to Shandong Ruyi Investment Holdings in January 2019.
• Koch Ag & Energy Solutions : Koch Ag&Energy Solutions, LLC and its subsidiaries, including Koch Ferrizer, LLC, Koch Agronomic Services, LLC, Koch Energy Services, LLC and Koch Methanol, LLC, Provide agricultural lawn and ornamental plant markets with products including fertilizers and other plant nutrients, as well as other efficiency enhancing products and technologies for energy and chemical markets worldwide. Koch Fertilizer, LLC is one of the largest nitrogen fertilizer manufacturers in the world. Koch Fertilizer owns or holds interests in fertilizer plants in the United States, Canada, Trinidad and Tobago, Venezuela, Italy and other places. Koch Ferrizer was founded in 1988, when Koch acquired the Gulf Central Pipeline for anhydrous ammonia and the ammonia terminal connected to the pipeline.
• Koch Engineered Solutions Koch Engineered Solutions and its subsidiaries design, manufacture, install and service process and pollution control equipment, water purification and desalination equipment, and provide engineering services for various industrial applications and cities around the world. In 1989, the company acquired John Zink Co., a manufacturer of industrial burners, flares and steam recovery systems used in the petroleum refining and chemical industries, and a major supplier of chemical waste incineration systems and pollution control systems. Koch Glitsch provides mass transfer, demisting and phase separation equipment for refineries and chemical plants through Eta Process Plant and Koch Modular Process Systems. Eta supplies degassing equipment and has more than 400 equipment in the world. Most seawater degassing units provided by Eta use vacuum degassing. Koch Modular Process Systems specializes in modular mass transfer systems for chemical purification, solvent recovery, and liquid-liquid extraction.
• Koch Minerals & Trading : Koch Minerals, LLC, through its subsidiary, is one of the largest dry bulk cargo management companies. Koch Supply&Trading deals in 75 unique commodities, including crude oil, refined petroleum fuel products, liquefied gas, natural gas, liquefied natural gas power , renewable energy, emissions and metals.
• Molex : Molex is produced for data transmission, telecommunications, industrial technology solar energy , automotive electronics, commercial vehicles, aerospace and national defense Molex connectors, special connectors and sensors for pins and sockets of health technology and solid-state lighting equipment.
• Arteva Europe S.a.r.l. : Arteva Europe is a Headquartered in Luxembourg Inside of bank ”, responsible for managing the European cash flow of Koch Industries, which may serve as a tax haven.

Historical Encyclopedia of Koch Industries, Inc

In 1925, Fred C. Koch joined Lewis E. Winkler, a classmate of MIT, in an engineering company in Wichita, Kansas. The company was renamed Winkler Koch Engineering Company. In 1927, they developed a more effective thermal cracking process that can convert crude oil into gasoline. This process threatens the competitive advantages of old oil companies that sue for patent infringement. In the United States, they were temporarily forced to close down, and they turned to other markets, including the Soviet Union. Winkler Koch built 15 cracking units in the Soviet Union between 1929 and 1932. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

Winkler Koch built an oil refinery in Germany in the early 1930s. In the joint venture with William Rhodes Davis, Koch assisted in the design and construction of the third largest refinery in Germany at that time. It is also one of the few refineries that can refine fuel for aircraft, and is also a strategic bombing target of the Allies. The project was put on hold for some time before Davis sought approval, and then Adolf Hitler personally approved it. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

In 1940, Koch joined a new partner and founded the Wood River Oil and Refining Company. In 1946, the company acquired the Rock Island refinery and crude oil collection system near Duncan, Oklahoma. Wood River was later renamed Rock Island Oil&Refining Company. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

In 1952, Fred Koch received a $1.5 million settlement related to patent infringement litigation. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/koch.html

Charles Koch joined Rock Island in 1961 and his career began with management Consulting company Arthur D. Little。 He became President in 1966 and became President at the age of 32 after his father died the following year.

The Wood River Oil and Refining Company was renamed Koch Industries in 1968 to commemorate Fred Koch, the year after his death. At that time, it was mainly an engineering company, owning 35% of the shares of Great Northern Oil Company, which owned Pine Bend Refinery in Minnesota, crude oil collection system in Oklahoma and some cattle farms.

In 1968, Charles contacted Union Oil of California to purchase 40% of its shares in Great Northern Oil Company. However, after Union Oil asked for a high premium, the discussion soon reached an impasse. In 1969, Koch merged his equity with the 15% equity owned by J. Howard Marshall, and then owned a total of 50% of the company's shares, thus preventing Union from obtaining the controlling right. Then they gained interest in the alliance. Pine Bend Refinery produces chemicals, fibers, polymers, asphalt and other commodities such as petroleum coke and sulfur.

In 1970, David Koch joined the company as Technical Service Manager; In 1979, he became president of Koch Engineering.

In 1979, the company went from Chrysler (Chrysler) acquired 780 dealers.

In June 1983, after a heated legal and board debate on the amount of dividends paid by the company, during the settlement, William "Bill" Koch and Frederick R. Koch hoped that the company would pay more dividends instead of reinvesting in the business, and were acquired at the price of $620 million and $400 million respectively, Charles Koch and David Koch became major shareholders of the company. In June 1985, William and Frederick sued their brother, claiming that their share based payment was insufficient, but failed.

In 1986, the company acquired C By that year, Reiss Coal Co.'s revenue had increased from $250 million when Charles Koch took office in 1967 to $16 billion.

By 1993, the company had sales of $23 billion, 13000 employees and an estimated revenue of $2.8 billion.

In September 2001, the company acquired KoSa.

In April 2005, the company sold its asphalt business in the United States and Mexico to SemGroup, and in June 2005, it sold many natural gas businesses to Oneok at a price of US $1.35 billion.

In December 2005, the company acquired Georgia Pacific.

In 2008, an investigation by Ludmila Egorova Farines, the company's ethics and compliance officer, found that four employees of Koch Glitsch, its French subsidiary, violated the bribery law to obtain contracts in Algeria, Egypt, India, Morocco, Nigeria and Saudi Arabia. The four employees involved were dismissed, and Ludmila Egorova Farines was disciplined for allegedly not sharing the investigation results in a timely manner. Ludmila Egorova Farines sued Koch Glitsch in France for illegal termination of the contract, lost the lawsuit, and was "ordered to pay the cost of filing a rash case".

In 2010, the company was the first group of early retirees established under the Patient Protection and Affordable Care Act reinsurance Nearly 2000 employers who plan to apply to the U.S. Department of Health and Human Services for federal reimbursement to provide health insurance for retirees who are too young to qualify for medical insurance.

In 2013, the company acquired Molex, an electronic component supplier, for US $7.2 billion. Molex, an electronic component manufacturer, produces interconnection products and systems, switches and application tools for electronic, electrical and optical fiber industries, and is one of the world's largest manufacturers of connector products and systems. The company was founded in 1938. Today's products and services cover various industries, including telecommunications, data communications, computers and their peripherals, automobiles, network cabling, industry, consumer goods, medical and military products and other technology markets.

In September 2014, the company together with Goldman Sachs The private equity division of CVC Capital Partners Acquired Flint Group, a printing ink manufacturer.

In June 2014, the United Black College Foundation announced a grant of 25 million dollars from Koch Industries and the Charles Koch Foundation for scholarships and general support for historically black colleges and universities.

In December 2014, the company acquired Oplink Communications, a manufacturer of optical network equipment, for $445 million.

In 2015, the company joined the "Ban the Box" campaign, removing the issue of previous criminalization from the job application, making it easier for former criminals to find jobs.

In November 2015, the company "signed a statement of support with the Employer Supported Guard and Reserve (ESGR), promising that Koch will provide supervisors with tools to hire and support employees serving in the National Guard".

In November 2017, the company's venture capital department Koch Disruptive Technologies Founded by Chase Koch, the son of Charles Koch.

In July 2019, the company sold its lease in the Athabasca oil sands.

In December 2021, Rupert Murdoch and his wife Jerry Hall purchased a 340000 acre (1400 square kilometers) ranch located in Beaverhead County, Montana, from Matador Cattle Company, a subsidiary of the company, for $200 million. Matador was founded by Fred Koch in 1951. It won the Lone Star Land Steward Award in 2010. The company also has pastures on sale in Kansas and Texas.

In June 2023, Koch Disruptive Technologies led the investment Percepto US $67 million round C financing.

In June 2023, Koch Disruptive Technologies led the investment Celestial AI $100 million round B financing; Previously, the company led the investment in February 2022 Celestial AI $56 million in Series A financing.

Koch Industries, Inc. US equity investment

Unlisted company ， Company official website , waiting for Koch Industries, Inc IPO Listing.