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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 ...
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]
Koch would routinely work 12-hour days at the office (and then spent more time working at home), weekends, and expected executives at Koch Industries to work weekends as well. [27] [28] Koch has been a director of INTRUST Financial Corp. since 1982 [29] and director of Koch Industries Inc. since 1982.
Koch Industries has purchased OCI’s Iowa Fertilizer Co. for $3.6 billion, a project in southeast Iowa that sparked controversy a decade ago after snagging $110 million in state incentives.
Fred Chase Koch (/ k oʊ k / KOHK; September 23, 1900 – November 17, 1967) was an American chemical engineer and entrepreneur who founded the oil refinery firm that later became Koch Industries, a privately held company which – under the principal ownership and leadership of Koch's sons Charles and David – would be listed by Forbes as the second-largest privately held company in the ...
"David was proud of the extraordinary work you all have done to make Koch Industries the successful company that it is today." Billionaire industrialist and conservative donor David Koch dies at ...
Koch was lead investor last year in a $1.5 billion investment, wherein the company indicated that it was a step before going public. Koch Industries acquires Infor in deal pegged at nearly $13B ...
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.