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Wood River Oil and Refining Company was renamed Koch Industries in 1968 in honor of Fred Koch, the year after his death. [ 27 ] [ 28 ] At that time, it was primarily an engineering firm with a 35% interest in Great Northern Oil Company, which owned the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma, [ 16 ] and some ...
It currently operates as an IP holding company for assets relating to crop genetic traits. In December 2014, Mendel sold its R&D operations and certain assets relating to the discovery and development of agricultural biological products to a subsidiary of Koch Agronomic Services, [1] [2] a business division of Koch Industries. Koch founded a ...
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]
In Kansas, Koch Industries CEO Charles Koch is by far the richest resident with $60.6 billion to his name. Fidelity CEO Abigail Johnson is Massachusetts’ richest resident with a net worth of $27 ...
Founded by Robert Addison Day in 1971 [3] and headquartered in Los Angeles, TCW manages a broad range of investment products. [4] The TCW Group was originally known as Trust Company of the West. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as ...
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 ...
INVISTA's products include many brands. In 2008, Invista sued Rhodia, a chemical company, for theft and misappropriation of a chemical process technology used to produce nylon 6,6. [5] In February 2009, INVISTA announced a refinancing and capitalization plan that had reduced its debt by $1.6 billion since the previous June. [6]
Following another expansion strategy, the company started producing complex, three-dimensional electronic components for medical applications in 2011. [13] In September 2013, Koch Industries purchased Molex for $7.2 billion. [14] Koch indicated Molex will retain its company name and headquarters in Lisle, Illinois, and be run as a subsidiary ...