Koch Industries, Inc. is an American multinational conglomerate headquartered in Wichita, Kansas. Its subsidiaries are involved in the manufacturing, refining, and distribution of petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizers, pulp and paper, and chemical technology equipment. Originally founded as an engineering firm by Fred C. Koch in 1940, it expanded into a global powerhouse under the leadership of his sons, Charles and David Koch. As a private entity, the company is known for its “Market-Based Management” philosophy and for reinvesting nearly 90% of its earnings back into its business units.
Last Updated on 15 hours ago by pinc