The company is named Koch Industries and it is in charge of siblings’ brothers named David and Charles Koch.
Koch Industries INC. was established in 1940 by Fred C. Koch. The company is based in Wichita, Kansas, US.
The key individuals in the Koch company are Charles G. Koch who is a chairman and CEO and his relative David W. Koch who is Executive Vice President in this family unit business.
Koch industries hires 50,000 workers (2011) in the USA and 20,000 more in other states – in 59 in total.
Koch Industries is a conglomerate sort of company – check out -. What does ‘ business’ mean? According to wikipedia business is “a grouping of 2 or more companies occupied in entirely numerous companies that fall under 1 group group, often concerning a parent company and many subsidiaries”.
What does Koch Industries create?
Their company – check – is very wide. They manufacture Asphalt, substances, commodities trading, power, fibers, fertilizers, finance, minerals, natural fuel, plastics, petroleum, pulp and paper, ranching and more.
Koch brothers are without a doubt unquestionably skilled who posses plenty of experience in company. Nonetheless, they frequently would like to to try something more and they have even been implicated in politics.
Koch brothers lead 1 of the political foundations named the Koch family Foundation. The foundation which backs up conservative and libertarian political lines back up political think tank which is named Cato Organization.
Furthermore, in the presidential election in 1980, Edward Clark nominated David Koch for candidate to become a president of the United States of America. He got a result of 1,1 percent of all voters and he received 921 299 votes.
Koch Industries is an example that a money-making business can be manage by one family unit. It can be hard to believe but their corporation is worth $10 billion more than Bill Gates’s company.