23 Facts About Koch Industries

Koch Industries, Inc is an American privately held multinational conglomerate corporation based in Wichita, Kansas and is the second-largest privately held company in the United States, after Cargill.

Charles Koch Industries has stated that the company would go public "over my dead body" and that the company has used its freedom from the pressures of public markets to make long-term investments and concentrate on growth.

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 1940, Koch Industries joined new partners to create the Wood River Oil and Refining Company.

Charles Koch joined Rock Island in 1961, having started his career at the management consulting firm Arthur D Little.

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Koch Industries became president in 1966 and chairman at age 32, upon his father's death the following year.

In 2008, the company discovered that the French affiliate Koch Industries-Glitsch had violated bribery laws allegedly securing contracts in Algeria, Egypt, India, Morocco, Nigeria and Saudi Arabia after an investigation by Ethics Compliance officer, Egorova-Farines.

In November 2015, the company "signed a Statement of Support with Employer Support of the Guard and Reserve that pledges Koch Industries will provide supervisors with the tools to hire and support employees serving in the National Guard of the United States".

Koch Industries owns ranches in Kansas and Texas that are being marketed for sale.

Koch Industries invested $2 billion in Infor, which focuses on cloud computing, in November 2016, another $1.

Flint Hills Resources LP, originally called Koch Industries Petroleum Group, is a refining and chemicals company based in Wichita, Kansas.

Guardian Koch Industries is an industrial manufacturer of glass, automotive, and building products based in Auburn Hills, Michigan.

Koch Industries employs more than 18,000 people and has present activities in North and South America, Europe, Asia, Africa and the Middle East.

Koch Industries Fertilizer owns or has interests in fertilizer plants in the United States, Canada, Trinidad and Tobago, Venezuela, and Italy, among others.

Koch Industries Fertilizer was formed in 1988 when the Koch Industries companies purchased the Gulf Central Pipeline and ammonia terminals connected to the pipeline.

Koch Industries Fertilizer has change its name to Koch Industries Ag and Energy Solutions.

The Consent Decree was held up for some time, due to a DOJ criminal case with Koch Industries Pipeline regarding non- and under-reporting of discharges.

Koch Industries was fined $20 million, of which $10 million was a criminal fine and $10 million to be used for special projects to improve the environment in Corpus Christi.

The Commerce Department's Bureau of Industry and Security said from July 1997 to March 1999, Koch Industries Petroleum committed 40 violations of Export Administration Regulations.

In 2004, Koch Industries bought a refinery in North Pole, Alaska that tapped the Trans-Alaska Pipeline and produced heating and jet fuels and other products.

Koch Industries won the 2015 Conservation Education Award from the Wildlife Habitat Council and "has partnered with the company on conservation efforts for the past 15 years".

Between 2009 and 2015, Koch Industries companies earned 1,085 awards for safety, environmental excellence, community stewardship, innovation, and customer service from various government agencies, businesses, environmental organizations, trade associations, and charitable organizations around the world.

Koch Industries has been criticized by the environmentalist group Greenpeace for the role they allege the company plays in affecting climate change policy in the United States.