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In June 1983, after a bitter legal and boardroom battle over the amount of dividends paid by the company, in a settlement, the stakes of William "Bill" Koch and Frederick R. Koch, who wanted the company to pay more dividends rather than reinvest in the business, were bought out for $620 million and $400 million, respectively, and Charles Koch ...
The Koch family (/ k oʊ k / KOHK) is an American family engaged in business, best known for their political activities and their control of Koch Industries, the 2nd largest privately owned company in the United States (with 2019 revenues of $115 billion). [1]
The Minnesota Pipe Line (or MPL) is a crude oil pipeline that runs from Clearbrook, Minnesota southward to the Twin Cities. [1] Construction began in 2007 after the State of Minnesota approved the building permit, [2] and ended in 2008; it is owned by Minnesota Pipe Line Company, LLC (MPL) and is operated by Koch Pipeline Company, a wholly owned, indirect subsidiary of Koch Industries.
In 2006 the plant underwent a "$350 million project to produce a diesel fuel containing substantially less sulfur." [6]In 2012 the company proposed to the Environmental Protection Agency (EPA) a $400 million upgrade to help move the refinery "closer to its processing capacity of 320,000 barrels of crude per day and also reduce emissions of nitrogen oxide and sulfur dioxide".
Leonard traces the history of Koch Industries from a regional pipeline company to a sprawling corporate entity with "a political-influence machine of rare scope". [1] The first part of is devoted to the history of Koch Industries, beginning with Charles Koch's assumption of leadership after the death of his father Fred in 1967. It traces the ...
In June 2000, Winmark sold its corporate headquarters building to Koch Trucking. [12] The company had lost $350,700 in 2000; in 2001, it had a net income of $3.2 million. [13] Morgan said in a 2009 interview with the Star Tribune about the state of Winmark before he joined, "The company was very good at selling franchises, but it was still ...
In 2022, a mob in Mexico attacked a young political adviser and then set him on fire over child trafficking accusations shared on chat groups.. In 2018, two men were burned to death in Puebla ...
LME, Inc. was a less than truckload (LTL) carrier located in Minnesota which served ten states in the Midwestern US. [2] LME, Inc. was founded in the early 2010s as a successor to Lakeville Motor Express to take over Lakeville's non-union regional freight business when its owners split this segment from their unionized business The unionized business remained with Lakeville which became a ...