Connecting with Molex in a Dec

Discovery

january 2014 THE QUARTERLY NEWSLETTER OF KOCH COMPANIES Connecting with Molex In a Dec. 9 email sent to employees “What we can bring to Molex is the Technologies in 2012 and Germany’s worldwide, Charles Koch made it benefit of Market-Based Management®, FCT Electronics Group in 2013. official: “I am pleased to announce which will help it identify and capture “We’ve made it clear,” Robertson said, that Molex is now a Koch company.” even more opportunities. We also have “that we are ready, willing and able to This acquisition, valued at $7.2 billion, the advantages of private ownership, invest even more to help fuel Molex’s was Koch Industries’ largest in eight strong capital resources and a focus on growth and continued success.” long-term success.” years and second only to Georgia-Pacific. The future Headquartered in Lisle, Ill., Molex em- Molex CEO Martin Slark believes Charles Koch has said he expects Molex ploys more than 36,000 people world- that “combining the global strengths of will bring Koch Industries the benefits wide. All of its manufacturing plants are Molex and Koch will create an exciting future for all of our stakeholders.” of “rapid innovation, enhanced customer either ISO- or QS 9000-certified. focus and value creation. Molex is famous for making connectors, Innovation “We’re particularly interested in leverag- such as those used in smart phones and Dave Robertson, KII’s president and ing its ability to bring new products to automobiles. It also makes cable assem- chief operating officer, sees Molex as market quickly and efficiently. We’ll blies, antennas, sockets, printed circuits, a “significant new also benefit from its lighting products and thousands of platform for growth broad knowledge industrial items. and innovation.” of communication In all, the company offers more than That emphasis technology.” 100,000 products. Some — such as the on innovation “At its core,” Robertson connectors for automotive airbag systems is already a core said, “Molex is a technol- or components used in medical monitor- capability for Molex. ogy company with enor- ing devices — help save lives. The company typi- mous electrical engineer- cally spends 6 or 7 ing capability. Given that Vision This intricate Molex connector is not much percent of its annual many Koch companies “Acquisitions such as Molex are an es- bigger than a grain of rice. apply sophisticated engi- sential step forward in fulfilling our new revenue on research and development — a total much neering to nearly every product they make, Vision,” Charles Koch said. That Vision Molex is a great fit for us. calls for an average annualized growth higher than many of its industry peers. “Just as important is the fact that rate of 12 percent per year. More than 1,500 Molex employees work in global research and develop- Molex already shares much of our “To achieve that goal,” Koch said, “we culture, including our principles. It’s ment labs devising new products, not only have to improve the value we that great combination of virtue and many of which become patented. It create for customers, but do so faster talent that has helped make Koch introduced 229 new products in 2012. and better than our competitors. Molex, Industries such a success, and will with its emphasis on the rapid develop- Like Koch Industries, Molex has also help Molex become an even greater ment of new products, is an excellent grown through acquisitions, includ- success as a Koch company.” example of this. ing California-based Affinity Medical www.molex.com

this issue… All about Koch pg 3 3-D Printing in Poole pg 9 2013 Year in Review pg 5 Perspective: Charles Koch pg 12 Postal Pipeline

When I was a young tool and die maker I recently acquired a 1948 Cessna 195 in the 1970s, I had the great opportu- aircraft, which was originally purchased nity to work for Molex at its primary by the Rock Island Oil and Refining tooling shop, located in Addison, Ill. Company from a Wichita Cessna dealer. Acquiring Molex was a fantastic portfo- With Rock Island being one of the lio diversification. We could not have original Koch companies, I wonder if picked a better company to spearhead you can provide any details about this into the critical/perishable electronic aircraft during the time it was operated connection industry. by the company. Bravo! Let’s make Molex even better! I am particularly interested in any pho- tographs showing the paint scheme and Robert Szyka company logos on the aircraft. Manager, tool & die design Koch-Glitsch Kind regards and Merry Christmas. Wichita, Kan. Michael Schreiner San Antonio, Texas

Kudos for Koch – Minnesota Congressman John Your Cessna 195 was one of two purchased by Rock Kline was among the many elected officials who Island in 1948 for pipeline patrol and short flights congratulated FHR for receiving Dakota County’s 2013 with three passengers or less. It was often based Business Excellence Award. in Duncan, Okla. Unfortunately, we do not have any color photos of the plane from that era. “Flint Hills Resources has provided an excellent example to area businesses. Thank you for being a leader in Given that Wichita is the Air Capital of the World your field.” (more general aviation aircraft have been made here than anywhere else on Earth), Koch’s aviation FHR received a similar congratulatory letter from department has often flown locally made planes. The Molex has manufacturing sites in 17 countries. William H. Droste, mayor of Rosemount, Minn. first was a Beechcraft D-18S purchased in late 1946. Back in the 1950s our family would how large Koch was, I’d say: “No, but Fred Koch was acquainted with many of the founders have supper promptly at 6:00 p.m. Mr. Koch sure has a fine family. Fred is of Wichita’s great aviation companies, including Walter One such evening, the subject of an astute business owner.” Beech, Clyde Cessna, Bill Lear and Lloyd Stearman. the Koch family came up. In the years since, whenever I have need- My dad said: “We should be proud that ed help for a school district construction there are people concerned enough problem or a Chamber of Commerce about our government that they would event or anything that helped others, it spend their time, money and efforts to was Koch employees who would step improve our life.” forward to help. Think of all the hours After college, I bounced around the and money that they spend in their own country from Hartford, Conn., to Tulsa, communities, on their own time. Okla. Whenever introduced, I would Koch employees are the backbone of try to explain that Wichita was home to their communities and the company. Coleman, White Castle, Cessna, Beech, Made in Wichita – Charles, Mary and Fred Koch Pizza Hut, Lear Jet and Koch. Don Ingle Independent insurance agent (ret.) standing in front of a Beechcraft airplane owned by When businessmen asked me if I knew Wichita, Kan. Wood River Oil & Refining Co., Inc. — the predecessor of Koch Industries. To “like” and follow Koch companies and leaders — including Georgia-Pacific, INVISTA, Flint Hills Discovery January 2014 | Volume 20 | Number 1 Resources, Matador Ranch, Koch Pipeline and Editorial board Questions? Comments? Charles Koch — visit Koch Industries’ Facebook page. Melissa Cohlmia Email us at: Philip Ellender [email protected] Rich Fink Jeff Gentry Publication design SAVE THE DATE Letters and other submissions become the property of Koch Greg Guest Amber Vogts Charles Koch Caleb Swank Industries, Inc., and may be reproduced in whole or in part, Steve Lombardo April 28 - May 1, 2014 Koch Creative Group including your name, for any purpose and in any manner. Jim Mahoney Walt Malone www.kochind.com 2014 KII EH&S Excellence Conference - Atlanta, Ga. Letters may be edited for length or clarity. Dave Robertson © 2014 Koch Industries, Inc. Koch is an EOE. M/F/D/V. 2 AT A GLANCE What is now Koch Industries, Inc. began as Wood River Oil and Reﬁning Co. in 1940.

$115 BILLION $115 BILLION $115 Based in Wichita, Kansas, Koch Industries is one of the largest private companies in America.* ANNUAL REVENUE* KOCH INDUSTRIES HAS HISTORICALLY REINVESTED 90% OF % EARNINGS invested 0s re BACK INTO ng 9ni ar E ITS BUSINESSES 792 AWARDS SINCE 2003, Since 2009 KOCH INDUSTRIES HAS INVESTED ABOUT Recognizing $60 BILLION safety, environmental

In $ IN ACQUISITIONS AND excellence, v s e re s 6 u community te Nit OTHER CAPITAL d 0 d in O en stewardship, ac I xp qu BILL al e EXPENDITURES innovation and isitio apit ns and other c customer service

ESENCE PR : A L BO A U B T O 6 L 0

G C INDUSTRY AREAS O reﬁning, chemicals & biofuels U MORE THAN N forest & consumer products T fertilizers

I polymers & ﬁbers E

100,000 S process & pollution control EMPLOYEES equipment & technologies WORLDWIDE electronic components commodity trading minerals energy ranching glass investments 3 *According to Forbes. Flint Hills Resources Produces and markets transportation fuels, biofuels, lube oil, asphalt and chemicals; holds equity AT A GLANCE investments in bioenergy companies. What is now Koch Industries, Inc. began as Koch Pipeline Company Operates more than 4,000 miles of pipelines that transport crude oil, refined petroleum products, Wood River Oil and Reﬁning Co. in 1940. ethanol, natural gas liquids and chemicals.

$115 BILLION $115 BILLION $115 Based in Wichita, Kansas, Koch Industries is one Georgia-Pacific Manufactures and markets building products, consumer products, packaging, paper, cellulose of the largest private companies in America.* and chemicals. Brands include Quilted Northern®, Angel Soft®, Brawny®, enMotion®, Sparkle®, ANNUAL Mardi Gras® and Vanity Fair®, as well as the Dixie® brand of cups, plates and cutlery, Plytanium® REVENUE* plywood, and DensGlass® sheathing. Koch Ag & Energy Solutions KOCH The fertilizer group produces, markets and distributes more than 13 million tons of fertilizer products annually, including AGROTAIN® stabilizer, and SUPERU™ and NEXEN® fertilizers. INDUSTRIES The energy services group markets and supplies natural gas, and owns and operates a natural gas-fired, combined-cycle electric power generation facility in Odessa, Texas. HAS HISTORICALLY INVISTA REINVESTED 90% OF Manufactures chemical intermediates, polymers and fibers, and develops technologies used in clothing, carpet, car parts and other everyday products. Brands include LYCRA®, COOLMAX®, EARNINGS ® ® ® % CORDURA , STAINMASTER and ANTRON . invested 0s re BACK INTO Koch Chemical Technology Group ng 9ni Designs, manufactures, sells, installs and services process and pollution control equipment, and ar E ITS BUSINESSES provides engineering services for industries and municipalities worldwide. Subsidiaries include 792 Koch-Glitsch, John Zink Hamworthy Combustion, Koch Heat Transfer, Koch Membrane Systems, AWARDS Koch Knight and Optimized Process Designs. SINCE 2003, Since 2009 Molex Incorporated Manufactures electronic, electrical and fiber optic interconnection systems, offering about KOCH INDUSTRIES 100,000 products to a number of markets, including mobile devices, infotech, consumer HAS INVESTED ABOUT electronics, automotive, telecommunications, industrial, medical, military and aerospace. Recognizing $60 BILLION safety, environmental Koch Supply & Trading Trades commodities globally. In $ IN ACQUISITIONS AND excellence, v s e re s 6 u community te Nit OTHER CAPITAL d 0 d in O en stewardship, Koch Minerals ac I xp qu BILL al e EXPENDITURES innovation and Provides dry-bulk commodity handling, marketing and trading; conducts oil and gas exploration and isitio apit ns and other c customer service production, and provides oilfield services. Subsidiaries include Koch Carbon, The C. Reiss Coal Company, Koch Exploration Company and KMP Holdings.

RESENCE: The Matador Cattle Company P A Operates three ranches: Beaverhead in Montana, Matador in Texas and Spring Creek in Kansas. L BO A U B T O 6 Partial List of Acquisitions by Koch Companies L 0

G C INDUSTRY AREAS INVISTA First of six Ashburn Hill Corporation O North Pole Refinery ethanol plants Buckeye Technologies reﬁning, chemicals & biofuels U Puron Huntsman Corporation Grant Forest Products Molex Incorporated

N forest & consumer products GP Pulp & Paper olefins and polymers assets Temple-Inland Building MORE THAN Coen Company T fertilizers CNC Parsons & Whittemore Products assets R BP Specialty Chemicals Five International Paper Alabama mill assets Frac-Chem

I polymers & ﬁbers assets facilities E Odessa-Ector Power Partners

100,000 S process & pollution control equipment & technologies EMPLOYEES 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 WORLDWIDE electronic components commodity trading minerals 50% stake in Simplot Canada Hamworthy 44.4% stake in Excel Paralubes assets Combustion Group Guardian Industries energy Farmland Georgia-Pacific J&H Bunn Limited ranching Industries Agrotain International glass fertilizer assets assets investments 3 ©2014 Koch Industries, Inc. All rights reserved. 4 *According to Forbes. 01 14 01 15 04 16 07 19 07 20 10 01 10 08

Koch Fertilizer announces plans The John Zink Institute Flint Hills Resources donates $75,000 to Georgia-Pacific acquires INVISTA announces a $30,000 donation Groundbreaking celebration for the new A Koch Energy Services subsidiary to build and operate a new storage in Tulsa, Okla., announces Ducks Unlimited to help protect wildlife habitat. Temple-Inland Building Products in support of the Emerging Technology office building on Koch’s Wichita campus. announces plans to acquire the owner ® APRIL and handling facility for NEXEN fertilizer it has earned accreditation FHR has supported that organization for 28 years. from International Paper. Center at Victoria College in Texas. When completed in 2015, it will be able of a natural gas, combined-cycle in Rouen, France. from ACCET. to accommodate about 750 employees. electric power plant in Odessa, Texas.

04 01 04 10 07 23 ® Koch announces it has made a INVISTA’s STAINMASTER carpet wins the 2013 Women’s GP celebrates the opening of an ® Choice Award for “Best for Home” by WomenCertified, Inc. 10 17 JANUARY $240 million equity investment OSB plant in Clarendon County, in American Greetings Corp. S.C., creating 130 new jobs. The Quivira Council of the Boy Scouts of America celebrates the opening of the Koch Scouting Center, partially funded by, and built on land donated by, KII. OCTOBER 01 17 05 03 05 15 Koch Pipeline Company announces that its employees set a safety 01 17 JU LY record by working more than 11 years (8 million man-hours) without Matador Ranch earns the highest honor Koch Nitrogen announces plans worth a lost-time incident. INVISTA starts up its new nylon salt in ranching from the American Quarter $1 billion to expand production and build facility in Rozenberg, the Netherlands. Horse Association: the Best Remuda Award. a new urea plant at its Enid, Okla., facility. 11 04 11 04 08 01 08 19 Georgia-Pacific wins the American INVISTA introduces its new YEAR IN Forestry Association’s Better Practices, STAINMASTER® PetProtect™ 02 14 02 15 05 21 2013 REVIEW GP Harmon Recycling acquires FHR’s Pine Bend Refinery is recertified Better Planet 2020 Sustainability Award carpet and cushion systems, plastic recycling assets from as a MNSTAR site by the Minnesota for water use reduction at its Brunswick, which resist the pet hair and Tourists visiting the observation deck of the Empire A subsidiary of Koch Minerals acquires Five Koch companies receive the annual The Highlands Group. Occupational Safety and Health Administra- Ga., cellulose mill. “deposits” that are common State Building enjoy the view through newly installed, the assets of Frac-Chem, an oilfield Union Pacific Railroad Pinnacle Award tion for the refinery’s efforts to prevent in pet-loving households. specialized glass made by Guardian Industries. supply company. for chemical transportation safety. work-related illnesses and injuries. Photo courtesy of Kilroy Glass and Metal 08 23 11 15 02 22 GP closes on its acquisition of Buckeye 08 27 05 23 Technologies, a producer of specialty The Wildlife Habitat Council Georgia-Pacific’s Brawny® paper towel brand earns a MAX Award (marketing fibers and nonwoven materials. Flint Hills Resources announces it has formed Employees at INVISTA’s Camden, S.C., certifies INVISTA’s Waynesboro, Va., FEBRUARY award for excellence) for supporting the Wounded Warriors Project. plant celebrate working 1 million hours NOVEMBER Duonix, LLC, a joint venture with Benefuel to site, giving KII a total of 13 WHC build biodiesel refineries. M AY without an OSHA recordable injury − certifications across 10 sites. AUGUST an industry milestone. 03 07 03 22 06 04 06 24 12 05 12 09 12 23 Three new members are elected to GP announces plans to invest Koch Fertilizer announces it Koch Industries’ board of directors: as much as $400 million in Construction to move 37th Street Koch Fertilizer establishes scholarship Koch completes the Koch Power Solutions, LLC will change the name of its Jim Hannan, Chase Koch and improvements for its plywood north of Koch’s Wichita campus programs at Southeast Community $7.2 billion acquisition of acquires Odessa-Ector Power JUNE 09 06 holding company to Koch Ag Brad Razook. and lumber operations. begins − the first step in the three- College and Northern Oklahoma Molex Inc., a global electronic Partners, L.P. and Energy Solutions, effective year campus expansion project. College in Enid, Okla. FHR acquires its sixth ethanol plant. This one, components company. in early 2014. purchased from Platinum Ethanol in Arthur, SEPTEMBER is its fifth pant in Iowa. 06 21 03 25 Flint Hills Resources and Koch Nitrogen Company INVISTA acquires the received the annual BNSF Railway Company 09 23 12 31 maker of TECGEN® Product Stewardship Award for the safe MARCH flame-resistant apparel. transportation of hazardous materials by rail. INVISTA Apparel acquires a Koch Industries closes a record year, having earned 157 awards specialty polyester brand portfolio DECEMBER for safety, environmental excellence, community stewardship, from Europe-based ADVANSA. innovation and customer service. 01 14 01 15 04 16 07 19 07 20 10 01 10 08

Luxembourg – The U.S. Ambassador to Luxembourg England – The 2013 LYCRA® Future Designers Award-winner was Lucy Gardner One of Gardner’s winning fashion visited the opening of the newest KBS office. (middle), shown with designer Stephen Jones and INVISTA’s Denise Sakuma. designs made with LYCRA® fiber.

Cloche d’Or – Koch Business Solutions Brian Padley, KBS-Europe director (sec- United States. The judges included Europe has opened an office ond from right), said the Luxembourg fashion photographer Rankin, Eric in Luxembourg to provide shared services office now has about 55 employees and Jennings, fashion director for Saks for Koch companies in that region. may hire more depending on the future Fifth Avenue, and Giles Deacon, a A group of dignitaries, including the growth of Koch in the region. British designer. U.S. Ambassador to Luxembourg, Office staff in Luxembourg will, at least The winner, Lucy Gardner of the Robert Mandell (second from left in the for now, focus on providing indirect tax, U.K., was announced Oct. 30 during photo above), and Luxembourg’s min- accounting and HR services to Koch the WGSN Global Fashion Awards ister of the economy, Etienne Schneider businesses in Europe. ceremony at the Royal Albert Hall (center), visited the new headquarters John Zink International, which has in London. shortly after it opened in September. an office in Dudelange, is the Koch Gardner received $20,000 worth of The visitors were greeted by local em- company with the largest presence fabrics with LYCRA® fiber, consultancy ployees and Koch ex-pats as well as KBS in Luxembourg: 260 employees. services and the chance to work directly with mentors at INVISTA while devel- representatives from Wichita, including Halfway across the world in Singapore oping a collection. Richard Swan (left), president of KBS, and Shanghai, KBS shared services and Dennis Flax (right), the company’s teams have approximately 45 IT, HR “I am absolutely thrilled to win this chief financial officer. and accounting professionals to help prestigious prize,” Gardner said. “I can’t As a shared service company, KBS can service Koch locations throughout wait to see my designs come to life and offer help with information technol- the Asia-Pacific region. to work with INVISTA in getting the ogy, human resources, accounting and collection in front of buyers, designers, Both of these Asian offices share space property management processes. stores and customers.” with other Koch companies, including Schneider welcomed the group’s expan- INVISTA, Koch Chemical Technology Each competitor was asked to submit sion, noting that the office’s location Group, Koch Fertilizer, Koch Supply & designs for swimwear, sportswear, linge- reflected the “competitive business Trading and Koch Industries. rie or hosiery that could be made using environment for international compa- LYCRA® fiber. London nies” offered in Luxembourg, including – Every aspiring fashion de- The judges were especially impressed “efficient on-site facilities and the pres- signer in the world probably wants with the functionality and appearance ence of highly-skilled labor.” the same thing: a big break — that of Gardner’s designs for cycling attire. special chance to be recognized for “This office — as well as our KBS offices www.globalfashionawards.com in Shanghai and Singapore — are part having the talent and imagination of a strategic experiment,” Swan said. needed to succeed in a very competi- Poole – Most people don’t know three- “We are servicing our current Koch tive industry. dimensional printing technology has companies and, where appropriate, For five years, INVISTA has helped been around since the 1980s, when it helping the integration of new compa- make that dream come true by spon- was called stereolithography. nies that Koch may acquire. soring the LYCRA® Future Designers Traditional 3-D printers create objects by “We’re confident we can add value for Award, a competition that attracts layering plastic resins in a way that con- Koch companies operating outside the entries from hundreds of young forms with a digital model. This is called U.S., just as we have for those in the designers around the world. an “additive” manufacturing technique. U.S. Opening these offices gives us The 2013 finalists hailed from Brazil, Chris Ivett, managing director for John the chance to prove it.” China, the United Kingdom and the Zink Hamworthy’s power and marine 9 Noteworthy

Heaven on Earth – the Rise and Fall of Socialism by Joshua Muravchik Muravchik is uniquely qualified to England – These burner tips and atomizers were made China – This Molex plant produces more than 1 billion using 3-D printing technology. electronic components annually. write this perceptive history of the evolution of socialism. His parents and grandparents were social- division in the U.K., contrasts this with plant located in Chengdu, China. The ists and for five years he was the chairman the “subtractive” approach used in most site’s capabilities include manufactur- of the Young tool shops. ing, product design, R&D, sales and customer service. People’s So- “Traditionally,” Ivett said, “we’ve made cialist League. things by taking a piece of metal and then Each year, Molex Chengdu produces turning, drilling or milling it — grinding more than 1 billion electronic com- Today, he is a or drilling away what we don’t need.” ponents, including high-speed, high- knowing and persuasive With the recent development of 3-D density products. critic of those processes that use lasers or electron Those products make their way into who try to use beams to melt and fuse metallic compo- automotive, consumer electronics, governmental nents, a new world of manufacturing networking and telecom equipment. is now possible. power to co- On Jan. 16, the plant dedicated its erce citizens “With this new technology, we can cre- high-tech Global Tooling Center. into being ate atomizers or burner tips using tiny This new facility will support Molex’s “better people.” bits of stainless steel. There’s far less global operations with development Beginning waste, much more accuracy and produc- and system designs for automation with the French Revolution, he traces the tion takes less time.” and robotic tools. long, slow rise of socialism to what he Ivett said he believes 3-D technology In nearby South Korea, Molex just has the potential to revolutionize many considers its peak in 1990, and its rapid opened a new plant on the site of one decline ever since. manufacturing processes. of its old plants. The new plant makes “We’re still in the experimental phase, products for smartphones and consumer Unlike so many history books that only but I think this could absolutely trans- goods as well as some automotive items. shovel facts at the reader, Muravchik form several aspects of our business. Bet- brings his subject to life by focusing on the ter products will mean our customers can lives of its major figures. 回顾

reduce combustion emissions even more.

邮政传值得递关注 Marx and Engels, Lenin and Mussolini,

认为，科氏工业集团令 Charles Koch 人瞩目的成功和增长主要归功于以非常感谢你们答应让我带领我们的感谢你们将我列入《探索》通讯

市场为基础的管理 ®(MBM®)青年领袖大会团队前往英威达的维的变革的收件人名单，我很高兴能够收

性力量。多利亚湿地。你们给这些学生留下到它。 Atlee and Blair, Gompers and Gorbachev “If we’re successful with this experiment 了深刻的印象。说：但是过往的表现并不能那则关于科氏新办公大楼的消息让 Koch “ 保证我们未来一定取得成功。为继有Jon Snyder这么能干的主管是湿地我想起1948年12月去应聘Wood

续取得卓越的业绩，我们必须不断的一大幸事。他不仅对我们的环境 River Oil & Refining Co., Inc 公司

地改善我们对 MBM®有浓厚的兴趣，而且教导我们的年的理解和运行政部门一个职位的面试经历。 1938年9月20 日，20世纪最伟大创自2004年加入科氏工业集团以用。” 轻学生们致力了解自己生活的环新之一尼龙纤维当时公司办事处约有获授予美国 50来，英威达已投入数亿美元资金名员工，与境。 —— are all discussed in vivid prose. here in Poole,” Ivett said, “I expect that 今天威奇塔的名员工不可同为帮助实现该目标，团队制作专利号。 3,000 用于持续开发和生产新的和更好 MBM 2,130,948 了一系列视频以提供与多家科氏公此外，我们非常荣幸有你们的工厂日而语。的尼龙产品。司相关的详细案例分析。经理Paul Hughes和我们的六个月后，人们在特拉华州学生们一探索我于1985年退休，在我工作的36年起去参观。让管理人员讲述他们最 Seaford开始兴建第一家商用尼龙英威达目前是全球最大的尼龙该系列的首个视频讲述了乔治亚 -太中能够参与这家伟大公司的辉煌增月日在麻省理工学院出席科氏工初开始工作的各种经历，确实最能业季度通讯工厂。该厂于 1939年12月开业， 6,6聚合物（尼龙的原始形态） 2013 年 10 月 10 4 — David H. Koch平洋如何在其位于威斯康辛州的长，我感到非常荣幸和自豪。以他名字命名的儿童护理中心的捐赠仪式，够引起学生们的兴趣。为Seaford奠定了 “世界尼龙之都” 以及己二腈和己二胺生产商，这 other Koch companies will express an 工厂运用 Green Bay Broadway 的地位。些材料是生产尼龙所需的主要化该中心面积14,000平方英尺。他捐款2,000万 Lanell Mantey Kenneth D. Rupe MBM，以提高安全、生产力、产品美元，是该项目的主要捐赠者。执行总监堪萨学成分。斯州威奇塔质量和领导力的表现。尼龙的首个商业用途是作为牙刷 This is an excellent history book for those

乔治亚-太平洋的增感谢你们对东南部中学历史爱好者长和创新维多利亚商业及教育联会上的刷毛，而在它取代丝绸作为尼龙最大的增长领域是工程塑料学会的支持。 MBM 也帮助乔治亚-太平洋北美消德克萨斯州维多利亚生产丝袜的纤维材料之后，“尼和树脂。由于汽车制造商不断设在科氏工业的所有公司里，有两个司去年向客户供应超过费品业务的未来转型，该业务曾不百万吨回的三家生产特种纤维的对于许多学生来说，前往 7 参 Buckeye 龙”一词开始在全世界变得家喻户计出更具能源效益的汽车，这些 interest in 3-D technology.” 词语成为最近的热门话题：增长和收纤维，其中大部分最终被制成卫断丧失市场份额。第二个视频记录Abilene 工厂已成为公司的 GP Cellulose 高强度而轻质的产品将在汽车制观艾森豪威尔总统图书馆的校外考了转变过程。晓。创新。生纸、纸手巾、餐巾和盒子。一部分。Buckeye的两家特种无造业扮演更重要的角色。但事实察是今年最重要的事情。我们的主讲嘉宾非常优秀。该系列的最新案例分析详细讲述了纺工厂，以及无纺销售、业务和尼龙丝袜最早于1940年推向商业上，英威达的产品早已出现在你 who don’t think they like history. It is also 在创始人纪念日视频得益于从 Charles Koch The英威达维多利亚工厂的一个团队在 Highlands Group, Inc 研发团队已与GP现有的气流成网市场，很快便深受消费者欢迎，和动工仪式讲话中都有提到这两公司收购的一家位于田纳西州的工我们希望你们能够继续为本地区的研究了的炼油厂如业务合并成立新的无纺业务，并许多零售店甚至出现抢购的场点，而在科氏工业集团的新愿景中厂，该公司目前（截至FHR 月Pine日） Bend 历史学会提供支持。何实际运用 7 26 后，利用分享的成为GP的消费产品业务部的一部面。也有着重强调（见本刊第页）。已开始从事塑料回收加工。MBM 3 知识改善Kath其位于德克萨斯州的公用y Saar 分。尼龙很快成为生产渔线、医用缝事业业美国务。历史老师乔治亚-太平洋（GP）最近进行的 GP Harmon Charles合线和轮胎帘布的标准用料。在 Koch经三项收购交易反映了增长和创新在总裁威奇塔东南“部中Buckeye学 Te chnologies a reminder that good intentions often pave Chengdu Recycling Marc 上述三个视频均已录制成光盘或可常提到，创新是美国参加第二次世界大战之前， – Molex, the newest Koch 堪萨斯州威奇塔 GP未来计划中的重要性。 Forman表示，该项浏览公司将增强我们的进行该项交易的尼龙已被用于生产降落伞、帐 http://mbm-prod. khc.local/ 6,6 收购将大幅扩展该观看。重要原因。像公司我们谨代表美国夸特马基金会 default.aspx 创新能力。 ” 篷帆布和绳索。“ Temple-Inland 公司的非纤维回收协调我们的活动，以及为我们的多名年青人制作这张手绘卡片，为了答谢科氏 (American Quarter Horse Buckeye这样的品业务。－ Charles嘉宾选择合适的马匹。看到每个 Koch 后来开发的尼龙树脂可通过塑模工业集团对项目（威奇塔市区 7月19日，GP完成了从InternationalFoundation) 感谢你们为我们提供了公司将增强我们的创新能力。这 2013 Water Wise 嘉宾都找到了最合适的马匹，而制成固件，用于生产由汽车到计 YMCA举办的水安全系列课程）提供支持。 Paper收购Temple-Inland公司资产一个在Matador现在我们可以将牛奶罐、清洁剂牧场享受Legends of 实在太棒了，因为这代表着未 “ 且嘉宾们对所提供马匹的质量赞算器的成千上万种产品。 the way to horrifying results. company, operates 45 manufacturing 这一备受期待的交易，而来。如果不进行创新，我们就无 the American瓶子或瓶盖中所用的各种聚合物进 Quarter Horse Trail 不绝口，这让我们再高兴不过法取得长期成功。今年，英威达推出超过 80 个新的 STAINMASTER®地毯 International Paper公司此前于201Ride2 骑马活动的机会。行有效的分离，将它们转化为高级不” 断创新如果希望关注科氏公司及领导人的最新动态了。款式，超过所有竞争对手。年收购了该公司。，包括乔治亚-太平洋、英威达、Flint Hills 我们在牧场度过了非常完美的时光原材料。” 融为一体你们团队的优秀表现正是虽然尼龙的原始专利已于 Resources、Matado年r 牧场、科氏管道与，但如果没有牧场那些优秀的员工 Matador 1955 该项交易包括位于八个州的15家工公司牧场能够获得 Charles 及 David Koch，请访问科氏工业集团的汽车里面。采用英威达尼龙纤 Buckeye Technologies GP总裁兼首席行政官2013 Best of到期，但在随后的几十年里，人 theJim Hannan 在以及上的网页。厂，涉及超过1,800名员工——们，我们就不可能有那么愉快的体大 Facebook Twitter 维制成的安全气囊已接近十亿 Remuda 认为，这些业务是构成一幅宏伟 Award奖项的最好体现。们不断对它进行进一步创新。 sites in 17 countries. 部分工作地点位于美国东南部。验。最近一项交易是于八月份收购信件及其他递交内容的版权归科氏工业集团拥个。 GP 蓝图的重要部分。Hannan说：® 有，其全部或部分内容（包括您的名字）可能® 总部位于田纳西州孟菲尔斯的 Chris Sitz 和面料、我们知道本次活动在牧场举行，牧 CORDURA 会就任何目的和以任何方式进行复制。信件可SUPPLEX 以生产高品质建筑材 “取得增长和成功是高美好级总的事监 ® ® 此外，采用尼龙制成的产品还包 Temple-Inland 公司。该公纤维和工程塑场需要进行许多规划和评估工作以Buckeye Technologies 情，而这三项在短短六周时间里 TACTEL 能根据篇幅长度或清楚程度进行编辑。TORZEN 料而闻名，如木屑板、石膏制品和司主要生产特种纤维和无纺材料。美国夸特马料只是其中几个取得进一步突破基金会 . 括轮胎帘布、地毯、安全带、轮完成的收购，将帮助我们取得增木材。是全球唯一一家能够使用德克萨斯州的例子。Amarillo 盖、油盘和接线盒。 Buckeye 年月第卷第期 “为了取得成功，你必长和成功。须要 ” Discovery 2013 10 19 4 木材和棉花纤维素生产特种纤维素 GP 建筑材料业务执行副总裁 Mark 如有疑问或评尼龙已有论， 75年的悠久历史，但它产品（如屏幕和有成功滤油的器所用的念头。你必须要有 Charles Koch在其著作（以及最近《探索》编辑委员会 LCD “但是真正的挑战在于确保我们请联系： Rod Learned Luetters 说：“这是一项长期的投的创始人纪念日视频）中将英威+1.316.828.6在英威达的故事还在继往开来。136 纤维）的公司。 Melissa Cohlmia 获胜的意愿。” 能够一直保持创新，并为我们的 [email protected] 资，它与我们现有的业务非常契达作为不断创新的实例。Philip Ellender Having production sites in so many 客户创造更多价值。” Rich Fink 合，它也有力地表明我们对建筑材真知灼言 — Fred C. Koch 版面设计该公司的无纺材料用于生产各种卫 Jeff Gentry Caleb Swank 料市场的长期前景充满信心，并认生和个人护理产品、清洁用品、婴 Dale Gibbens Amber Vogts 说：“如果我们未能帮助 Greg Guest 9 为该市场将从近几年经济衰退期的 Hannan Koch Creative Group 儿用揩巾、纸手巾和卫生纸。人们提高生活水平以及让世界变Charles Koch 低位回升。” Jim Mahoney www.kochind.com 得更美好，我们就没有做好自己Dave Robertson © 科氏工业集团 2013 年版权所有。该项交易包括五家生产厂，其中四科氏工业是一家平等机会公司 M/F/D/V The Highlands Group公司的工作。” countries allows Molex to respond 家在美国，一家在德国。Buckeye 的资产包括全球最大的棉花纤维素 GP Harmon Recycling公司是全球最2 工厂和全球最大的气流成网无纺机 www.gp.com 大的可回收商品交易商之一。该公器。

promptly to customer needs — a good 感谢科氏第页科氏工业新愿景第页本期导读… 2 3 example of the customer focus called for 尼龙 75 周年第 9 页观点: 可负担医疗法案(AC A) 第 10 页 “Pennies don’t fall from heaven. They in Koch’s MBM® Guiding Principles. Discovery newsletter is now available in Chinese. For have to be earned on Earth.” Its largest operation, totaling more than more information, contact [email protected]. – Margaret Thatcher 1 million square feet of floor space, is a True Too 10 10 Looking Back History of Molex Molex, the newest Koch company, cel- electric switches for vending machines, The pace of innovation only in- ebrated its 75th anniversary last year. bowling pin-setters and other push- creased in the 1990s, when Molex The company got its name from a pro- button devices. developed components for mobile prietary thermoplastic molding material In the 1960s, Molex helped Whirlpool phones and the workhorse of most developed by the company’s founder, figure out how to offices: the photocopier. Frederick Krehbiel. put an automatic Molex received an Emmy® It was a new generation of Frederick’s father, John Jacob Krehbiel, ice maker in a Award for its leadership miniaturized Molex intercon- was a Mennonite born in Ohio who home refrigera- nects that made it possible eventually set- tor and created in HDTV technology. to build the first portable tled in Newton, the miniaturized camcorders that did not Kan., just north interconnects for transistor radios. need to be shoulder-supported. of Wichita. The Most Americans watched the 1969 moon At Molex plants, fully automated as- elder Krieh- landing on TV sets dependent on Molex sembly made modular assemblies and interconnects. bel owned pre-testing possible on a large scale. a successful Global vision wagon-building Products related to the Internet boom business. Molex was in business for nearly 30 helped push sales revenues to $1 billion years before it began pursuing opportu- by the year 2000. Sales for 2013 were The partnership nities outside the United States. estimated at $3.6 billion. which eventually became In 1970, it became one of the first U.S.- The future Frederick Krehbiel, the founder of Molex. Molex Products based companies to open a manufacturing plant in Japan. Two years later, Today, Molex is deeply involved in a Company began operations in Brook- wide variety of technologies that demand field, Ill., in 1938. It included Frederick it entered the European market with a ever-better products that are developed and both his sons, Edwin and John, Sr. plant in Ireland. at a remarkable rate. In those early years, Molex plastic was Today, Molex has manufacturing sites in used to make flower pots, toys (such as 17 countries. Many of its divisions are Thanks to its emphasis on innovation, submarines and pistols) and clock casings. headquartered and managed overseas. Molex has met that challenge and offers its customers more than 100,000 prod- In the early 1940s, John recognized Going public ucts in three business categories: micro, the material’s excellent electrical insulat- In 1972, Molex became a publicly commercial and integrated. ing properties. traded company and opened its new As a Koch company, it now has even Soon after, the company entered the ap- corporate headquarters in Lisle, Ill. more resources for meeting, and exceeding pliance market with a molded terminal The flurry of new technologies intro- the demands of creative destruction. block for GE Hotpoint stoves. Molex duced during that decade — including “The future for Molex looks very strong,” also began stamping metal. VCRs, fax machines, computer printers said Steve Feilmeier, chief financial of- Company sales at the time totaled less and disk drives — provided a constant ficer for Koch Industries. than $100,000. challenge for Molex engineers. “A decade from now, we expect this Boom years By the end of the decade, international sales had surpassed domestic sales for to be a significantly larger company.” When the first American computer the first time. www.history.molex.com designed for businesses (the room- sized UNIVAC I) debuted in 1951, its components included a dozen Molex interconnects. The company became the industry leader for supplying parts for electric appliances, such as refrigerators, and new products, including color TVs. Molex connectors were vital components of car radios because they were capable of withstanding constant vibration. During the 1950s, the company also became a leader in manufacturing 10 11 Charles Koch Perspective Chairman and CEO, Koch Industries, Inc. The overriding focus of our corporate A better way Leading by example Vision is to “further benefit society In many ways, our Vision for Koch In- Our approach to promoting well- by…helping people improve their lives.” dustries reflects the genius of America’s being has been to run our company in Agreeing on the best way of achieving founders, who took a very different a proven, principled way that leads to human well-being is a challenge that has course from what was normal in West- true value creation. been debated for centuries. ern Europe 240 years ago. This approach benefits not only our Aristotle believed our general well-being As they saw it, the job of government customers, society and the company, was made possible by virtuous living, was not to protect people from them- but creates the potential for genuine a point of view essentially shared by selves or control their lives. It was to fulfillment among employees. most of history’s philosophers, theolo- establish gians, scholars and even poets. Our ultimate goal is to promote freedom, “We are caught in an not only prosperity, but oppor- But a much different idea (see page 10) so people inescapable network tunity, self-help, self-worth and took hold could live of mutuality.” mutual support. at about the their lives This kind of principled approach time of the as they – Martin Luther King, Jr. has been shown to dramatically French Revo- thought improve lives — especially for those lution. best, reaping the rewards or suffering who are disadvantaged. This new the negative consequences of their idea held own actions. When Alexis de Tocqueville studied America in 1831, he found a “great that it was As Jefferson wrote in the Declaration of goodwill” among its citizens, marked possible to Independence, life, liberty and the pur- create heaven by a willingness to help each other. suit of happiness are inalienable rights on earth, and that we already have, not something a Back in Europe, this sort of mutual that govern- government can presume to give us. aid was rare. Instead, people tended ment inter- to turn to the government for help Thus, the founders did not propose vention and rather than relying on themselves a government to deliver or guarantee control were and each other. the best ways happiness (a hopeless cause, however to make this well-intended), but one that would be Tocqueville saw this as a much less happen. limited enough to allow people to pur- effective way of helping those in need and enhancing well-being. For the next sue happiness for themselves. 200 years, those unfortunates who Measuring well-being That is why, in our personal lives, we should lived under collectivist control paid treat each other with dignity and respect. The Charles Koch Institute recently the price for this flawed vision. Their In business, we should provide products established a Well-Being Initiative to governments may have promised and services that make people’s lives foster more conversation about the heaven, but they delivered hell. better (rather than pursuing cronyism, true nature of well-being. Revolutionary France and the former which does the opposite). Through sound research, broad educa- Soviet Union have something very much Our charitable work should help people tion and robust discussion, the Initiative in common with today’s hyper-socialist help themselves (as well as aiding those aims to advance understanding of what Venezuela and communist North Korea: who cannot). Our educational it means to flourish, how to understand they make it impossible for the great institutions should support a market- and measure the various aspects of well- majority of people to achieve what they place of ideas, not indoctrination. say is necessary for them to be happy and being, and how to empower individuals And in our political activities, we should satisfied with life. to live better lives. support policies that enable people to It is my hope that these robust measures These components, or dimensions, improve their own lives. include freedom, community and rela- will not only prompt conversation, but tionships, health and environment, open new doors for research and form This kind of “great goodwill” is one living standards, opportunity, and the core of the initiative’s efforts to I would think we can all support. peace and security. improve the quality of life for all. www.charleskochinstitute.org/wellbeing