DOCSLIB.ORG

The Challenge of Success

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Challenge of Success Discovery january 2012 THE QUARTERLY NEWSLETTER OF KOCH COMPANIES The challenge of success For many Koch companies – and for Georgia-Pacic’s gypsum and wood And then there is the age-old problem of Koch Industries overall – 2011 was a products businesses – both of which rely overcoming success. record year. on new building construction – suered Charles Koch, KII’s chairman and CEO, Flint Hills Resources led the way, helped as the construction slump in the United has repeatedly warned about complacency by record results from Pine Bend and a States continued. or smugness aer achieving record results. signicant increase in South Texas crude Similarly, INVISTA’s residential oor- He did so in his 2007 book, e Science oil production that beneted its Corpus ing business struggled. With new home of Success, and in his very rst Founder’s Christi reneries. construction in the U.S. at historic lows, Day video, recorded eight years ago. demand for carpet ber is depressed. FHR’s lubricants business also had a record “It is all too easy,” Koch said recently, “to year, and results for the asphalt and chemi- Prolonged drought in the Midwest and assume that things will keep going your cals businesses improved signicantly. wildres in Texas were serious issues for way, or that markets will remain strong Koch Pipeline was busy expanding its e Matador Cale Company. and your competitive advantages will system, especially in South Texas, where And results for Koch Supply & Trading never erode. the Eagle Ford Shale play is boosting and Koch Minerals were nowhere near “Even worse is becoming arrogant or domestic production and bringing new the record highs seen a few years ago. thinking you’re smarter than you really are. crude supplies to Corpus Christi. It’s important to note that all of Koch’s “We must never abandon our principle of High grain prices and low natural gas pric- primary companies were protable, even humility. To think we can ever know it all es led to strong demand and margins, and if some subsidiaries weren’t. But it would or aord to ignore change is delusional. a record year for Koch Fertilizer. (Natural be a mistake to say that 2011 was a year It is also dangerous.” gas is oen the feedstock for fertilizer.) of uniformly smooth sailing. As Charles Koch emphasizes in his edito- INVISTA enjoyed its best year ever as Warning signs rial on page 12, the best antidote to this a Koch company. is was true despite problem is a commitment to our MBM® soening demand which became apparent As more and more economies slip back Guiding Principles – beginning with during the laer part of the year. into recession – especially in the European Union, the world’s largest market – 2012 integrity and compliance. Koch Chemical Technology Group had is likely to be much more challenging. Given last year’s record results, he also its second-best year ever (on an oper- emphasizes the need for humility. ating basis), with Optimized Process Some of Koch’s biggest businesses have Designs turning in a record performance. already reported a slowdown in demand “Our goals are unachievable if we let from international customers. any success we achieve go to our head.” Exceptions In the U.S., the outcome of the Novem- Charles Koch’s great-great-grandfather, ere were, however, several Koch busi- ber election could have a profound eect William Ingraham Kip, was the rst nesses that struggled in 2011. on all Koch companies. Episcopal bishop of California. As FHR’s North Pole renery was unprot- Whether that eect will be for beer or Bishop Kip liked to stress: “Pride goeth able for much of the year, hampered by worse depends on if lawmakers implement before destruction, and a haughty spirit high energy prices and other constraints. policies promoting economic freedom. before a fall.” this issue… International growth pg 3 2011 Year in Review pg 5 Unequal playing fields pg 9 Perspective: Charles Koch pg 12 Postal Pipeline I am writing this for a friend of mine, Please accept my thanks Mr. Edward Manzano Sr., a Korean War and appreciation for the veteran who served in the U.S. Army. contribution made by Although Mr. Manzano was unable to Flint Hills Resources aend the dedication ceremony of the on behalf of the Coastal Coastal Bend State Veterans Cemetery Bend State Veterans on Dec. 7, 2011, he did visit a few days Cemetery. later to witness rsthand the great work Providing veterans with done thus far. a nal resting place is Aer a couple of pictures and a stroll more than a need. It is through the Memorial Walk, we stopped an obligation. I am glad for awhile to watch some maintenance FHR took the lead on Corpus Christi – More than 1,000 people gathered for the dedication of the new workers preparing for a funeral service. this worthy project. Coastal Bend Veterans Cemetery, built on 55 acres of land donated by FHR. Mr. Manzano is in his early 80s and It also makes me proud as ever to be a former Koch Materials still is a very strong person. I have only My dad, Gary Woodman, recently retired Company employee. seen him with tears in his eyes a couple aer 31 years at Koch – almost as long as I of times. His recent trip to the new Gary Noller have been alive. He has talked about Koch veterans cemetery was one of them. Kerrville, Texas Industries for as long as I can remember. He wanted me to tell you he is especially I don’t know if any of the 70,000 people proud of Flint Hills Resources for mak- I wanted to take a moment to say how you employ have said thank you, but ing the land available for this cemetery. much I enjoyed Steve Feilmeier’s speech I would like to take this opportunity Like Mr. Manzano, I am proud to have at the Wichita Economic Conference. to do so – especially as we arrive upon served in the military, and also proud to anksgiving time. In our industry, we, too, are experiencing work for the company responsible for crippling regulations that have so many Dad’s salary met all our needs for a family making this veterans cemetery possible. harmful unintended consequences for of six, and a Fred C. and Mary R. Koch My wife and I have already submied the the consumer. scholarship helped me to pay my way paperwork to be laid to rest here. through college. (I graduated from ank you for puing so much into ank you, Flint Hills Resources, for Wichita State University with a degree this presentation. making this happen. in dental hygiene.) James Rivera Mary K. Wehner, CFO ank you for supplying my dad with the Central Star Credit Union Flint Hills Resources earnings to make my life a truly wonder- Wichita, Kan. Corpus Christi, Texas ful one, full of very happy memories, Steve Feilmeier, CFO of Koch Industries, has written health, education and a humbled heart. This donation by FHR, valued at $1.2 million, was the two recent editorials in Discovery (October 2011 and May you have many more prosperous largest in its history. There are an estimated 29,430 April 2010). To read them, visit www.kochind.com/ years at the company I’ve grown up loving. veterans in Nueces County, including more than 100 newsroom/discovery.aspx who are employees of Flint Hills Resources. Beth Du Wichita, Kan. I want to thank you for the Fred and Mary Koch Foundation scholarship. It Letters and other submissions become the property of Koch means so much to me to have someone Industries, Inc., and may be reproduced in whole or in part, believe in my future. including your name, for any purpose and in any manner. Letters may be edited for length or clarity. I am aending the University of Wis- consin-Stevens Point for a bachelors in Discovery January 2012 | Volume 18 | Number 1 computer information systems. Editorial board Questions? Comments? Philip Ellender Contact: Rod Learned With this scholarship, I can think less Rich Fink 316.828.6136 Jeff Gentry [email protected] about nances and more about my studies. Dale Gibbens Publication design Greg Guest Amber Vogts Again, thank you. Charles Koch Koch Creative Group Natalie Jansen Jim Mahoney Dave Robertson www.kochind.com Edward Manzano, U.S. Army veteran. Wisconsin Rapids, Wis. ©2012, Koch Industries, Inc. Koch is an EOE. M/F/D/V 2 2011 global expansions, · John Zink, a Koch Chemical Technology Group company, acquired Hamworthy Combustion. Hamworthy equipment acquisitions, investments, has been installed in more than 100 countries. · A Koch Fertilizer subsidiary acquired J&H Bunn Ltd., one of donations and awards Britain’s largest (and oldest) independent fertilizer distributors. · INVISTA launched its global engineering polymers brand in Germany. · Koch Fertilizer donated $10,000 to upgrade the Brandon, Manitoba, airport landing system. · Koch Minerals’ terminal in Lyon, · The mayor of Kingston, Ontario, France, set a new record for recognized the INVISTA Centre for tonnage transferred. achieving the prestigious Leadership in Energy and Environmental Design Gold Certification. · Construction is underway on a new spandex plant in Paulínia, Brazil, to be completed by the end of 2012. · Koch Fertilizer opened a new regional headquarters in Montevideo, Uruguay. 3 International News · Following an expansion and several capital investments, · Koch Industries donated a total of $1 million to the American KS&T’s Rotterdam refinery in the Netherlands achieved a Red Cross and Salvation Army in support of disaster relief in record year for productivity, despite a challenging market Japan following a massive earthquake and tsunami in March for European refineries in general.
Load more

Recommended publications
  • Koch Millions Spread Influence Through Nonprofits, Colleges
    HOME ABOUT STAFF INVESTIGATIONS ILAB BLOGS WORKSHOP NEWS Koch millions spread influence through nonprofits, colleges B Y C H A R L E S L E W I S , E R I C H O L M B E R G , A L E X I A F E R N A N D E Z C A M P B E L L , LY D I A B E Y O U D Monday, July 1st, 2013 ShareThis Koch Industries, one of the largest privately held corporations in the world and principally owned by billionaires Charles and David Koch, has developed what may be the best funded, multifaceted, public policy, political and educational presence in the nation today. From direct political influence and robust lobbying to nonprofit policy research and advocacy, and even increasingly in academia and the broader public “marketplace of ideas,” this extensive, cross-sector Koch club or network appears to be unprecedented in size, scope and funding. And the relationship between these for-profit and nonprofit entities is often mutually reinforcing to the direct financial and political interests of the behemoth corporation — broadly characterized as deregulation, limited government and free markets. The cumulative cost to Koch Industries and Charles and David Koch for this extraordinary alchemy of political and lobbying influence, nonprofit public policy underwriting and educational institutional support was $134 million over a recent five- year period. The global conglomerate has 60,000 employees and annual revenue of $115 billion and estimated pretax profit margins of 10 percent, according to Forbes. An analysis by the Investigative Reporting Workshop found that from 2007 through 2011, Koch private foundations gave $41.2 million to 89 nonprofit organizations and an annual libertarian conference.
    [Show full text]
  • Infor, Inc. Form 10-K Annual Report Filed 2017-06-26
    SECURITIES AND EXCHANGE COMMISSION FORM 10-K Annual report pursuant to section 13 and 15(d) Filing Date: 2017-06-26 | Period of Report: 2017-04-30 SEC Accession No. 0001193125-17-212858 (HTML Version on secdatabase.com) FILER Infor, Inc. Mailing Address Business Address C/O INFOR, INC. C/O INFOR, INC. CIK:1556148| IRS No.: 010924667 | Fiscal Year End: 0430 641 AVENUE OF THE 641 AVENUE OF THE Type: 10-K | Act: 34 | File No.: 333-183494-06 | Film No.: 17929398 AMERICAS AMERICAS SIC: 7372 Prepackaged software NEW YORK NY 10011 NEW YORK NY 10011 (678) 319-8000 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED APRIL 30, 2017 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 333-183494-06 INFOR, INC. (Exact name of registrant as specified in its charter) DELAWARE 01-0924667 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 641 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10011 (Address of principal executive offices, including zip code) (646) 336-1700 (Registrants telephone number, including area code) Securities registered pursuant to section 12(b) of the act: None Securities registered pursuant to section 12(g) of the act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • Koch Industries, Inc. Completes Purchase of Molex Incorporated
    Dec. 9, 2013 Contacts: Susan Armitage Melissa Cohlmia VP, Corporate Communications Director, Corporate Communication Molex Incorporated Koch Companies Public Sector, LLC 630-527-4561 316-828-3756 [email protected] [email protected] KOCH INDUSTRIES, INC. COMPLETES PURCHASE OF MOLEX INCORPORATED WICHITA, KANSAS/LISLE, ILLINOIS – Koch Industries, Inc. has completed its $7.2 billion acquisition of Molex Incorporated (NASDAQ: MOLX, MOLXA), a global electronic components company. The acquisition was finalized through the merger of Koch Industries’ wholly owned subsidiary, Koch Connectors, Inc., with and into Molex. As a result of the merger, Molex is now an indirect wholly-owned subsidiary of Koch Industries, Inc., retaining its name and headquarters in Lisle, Illinois. The company will continue to be operated by its current management team. Under the merger agreement, all of the outstanding shares of Molex, including the Common Stock, the Class A Common Stock and the Class B Common Stock were converted into a right to receive $38.50 per share in cash, plus an adjustment of $0.18 per share representing a pro rata portion of the regular quarterly cash dividend. “We’re pleased to welcome Molex’s 36,000 talented leaders and employees to Koch,” said Charles Koch, chairman and chief executive officer of Koch Industries. “Molex is a great company that creates real value for its customers and society and matches up well with our culture and core capabilities.” Dave Robertson, president and COO of Koch Industries said, “This acquisition represents a new platform for growth and innovation for us. We’re looking forward to applying our Market-Based Management® philosophy at Molex to help identify and capture additional opportunities.” Koch Industries/Molex Page Two “Now that the transaction has closed, we are eager to move forward with our new owners,” said Martin Slark, chief executive officer of Molex.
    [Show full text]
  • Discovery Volume 27 | Number 2 | April 2021
    A PUBLICATION OF KOCH COMPANIES Discovery Volume 27 | Number 2 | April 2021 202020202020 HINDSIGHT HINDSIGHTHINDSIGHT Discovery PERSPECTIVE FROM CHARLES KOCH TRANSFORMATIONS IN A PANDEMIC When we announced our intention to acquire Georgia-Pacific in 2005, it caught many people by surprise. After all, Koch was considered an oil company and had no background in pulp and paper. But as I explained in my booklet on virtuous cycles last year [see page 14], we believed GP fit with our process industries capabilities. More than 15 years of ownership have validated that belief. Steve Feilmeier, our new CFO at the time, had a bit of fun Charles Koch, chairman and CEO, KII. explaining all this to the media and analysts: “Two things are for certain: death and taxes. But the next most certain thing seems to be toilet paper. We believe demand should be fairly At the same time, the need for coronavirus testing technology steady, regardless of what is going on in the economy.” soared, as did requests for PPE and medical equipment. Never in my life did I imagine people would hoard toilet Millions of people forced to stay home decided it was a good paper. But last spring, as fears of COVID-19 prompted time to remodel or repair. A spike in online orders for home lockdown orders, it seemed like every roll on every shelf delivery heightened demand for packaging and boxes. These vanished overnight. Canned soup disappeared, too, along developments greatly accelerated demand for the products with diapers, bottled water, hand sanitizer and disinfectant. and services of GP, Molex and Koch Disruptive Technologies.
    [Show full text]
  • Discovery Like a Rolling Stone
    OCTOBER 2017 Discovery THE QUARTERLY NEWSLETTER OF KOCH COMPANIES Like a rolling stone At a board meeting in July, Charles Koch develop a mindset that promotes need for dissatisfaction with our current raised more than a few eyebrows when personal growth and embraces change. state of affairs, a vision for a better state he quoted Bob Dylan, the iconic singer- Internally, we have to convince ourselves and a path to achieve that vision. songwriter who was awarded the 2016 that we can and will do what’s needed. “But that goal of self-transformation is Nobel Prize for literature. “But there are also external factors to impossible to achieve if we’re unwilling — To illustrate a point Koch was making, consider. We all need an environment or afraid — to drive change.” he repeated a line from Dylan’s song, that makes transformation possible. “It’s Alright, Ma (I’m Only Bleeding)”: That’s true for an organization and it’s VIVID MENTAL MODELS “He [who is] not busy being born is also true for society. The Dylan quote wasn’t the only busy dying.” memorable — or “That’s so very true,” explained Koch. surprising — phrase “We can’t afford to stand still, to get Charles Koch mentioned comfortable or settle for the status quo. at that summer board That’s the equivalent of dying. meeting in Wichita. After discussing What we’re looking for the importance and are opportunities to create inevitability of creative destruction, and the value with our capabilities. natural human tendency – Charles Koch to resist change when things are comfortable, “Because of creative destruction, Koch suggested an everything around us is constantly unexpected remedy.
    [Show full text]
  • The Billionaire Behind Efforts to Kill the U.S. Postal Service by Lisa Graves/True North Research for in the Public Interest
    The Billionaire Behind Efforts to Kill the U.S. Postal Service By Lisa Graves/True North Research for In the Public Interest JULY 2020 About Lisa Graves Lisa Graves is the Executive Director of True North and its editor-in-chief. She has spearheaded several major breakthrough investigations into those distorting American democracy and public policy. Her research and analysis have been cited by every major paper in the country, and featured in critically acclaimed books and documentaries including Ava DuVernay’s “The 13th.” She has appeared frequently on MSNBC as a guest on Last Word with Lawrence O’Donnell as well as on other MSNBC shows. She has also served as a guest expert on CNN, ABC, NBC, CBS, CNBC, BBC, C-SPAN, Amy Goodman’s Democracy Now!, the Laura Flanders Show, and other news shows. She’s written for the New York Times, Slate, TIME, the Nation, In These Times, the Progressive, PRWatch, Common Dreams, Yes!, and other outlets. Her research is cited in major books such as Dark Money by Jane Mayer, Give Us the Ballot by Ari Berman, Corporate Citizen by Ciara Torres-Spelliscy, The Fall of Wisconsin by Dan Kaufman, and others. About In the Public Interest In the Public Interest is a research and policy center committed to promoting the common good and democratic control of public goods and services. We help citizens, public officials, advocacy groups, and researchers better understand the impacts that government contracts and public-private agreements have on service quality, democratic decision- making, and public budgets. Our goal is to ensure that government contracts, agreements, and related policies increase transparency, accountability, efficiency, and shared prosperity through the provision of public goods and services.
    [Show full text]
  • Infor, Inc. Form 10-K/A Annual Report Filed 2018-07-27
    SECURITIES AND EXCHANGE COMMISSION FORM 10-K/A Annual report pursuant to section 13 and 15(d) [amend] Filing Date: 2018-07-27 | Period of Report: 2018-04-30 SEC Accession No. 0001193125-18-229690 (HTML Version on secdatabase.com) FILER Infor, Inc. Mailing Address Business Address C/O INFOR, INC. C/O INFOR, INC. CIK:1556148| IRS No.: 010924667 | Fiscal Year End: 0430 641 AVENUE OF THE 641 AVENUE OF THE Type: 10-K/A | Act: 34 | File No.: 333-183494-06 | Film No.: 18975257 AMERICAS AMERICAS SIC: 7372 Prepackaged software NEW YORK NY 10011 NEW YORK NY 10011 (678) 319-8000 Copyright © 2018 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K/A ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED APRIL 30, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 333-183494-06 INFOR, INC. (Exact name of registrant as specified in its charter) DELAWARE 01-0924667 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification Number) 641 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10011 (Address of principal executive offices, including zip code) (646) 336-1700 (Registrants telephone number, including area code) Securities registered pursuant to section 12(b) of the act: None Securities registered pursuant to section 12(g) of the act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
    [Show full text]
  • The Koch Network and Republican Party Extremism Theda Skocpol and Alexander Hertel-Fernandez
    Articles The Koch Network and Republican Party Extremism Theda Skocpol and Alexander Hertel-Fernandez Presidential election years attract attention to the rhetoric, personalities, and agendas of contending White House aspirants, but these headlines do not reflect the ongoing political shifts that will confront whoever moves into the White House in 2017. Earthquakes and erosions have remade the U.S. political terrain, reconfiguring the ground on which politicians and social groups must maneuver, and it is important to make sure that narrow and short-term analyses do not blind us to this shifting terrain. We draw from research on changes since 2000 in the organizational universes surrounding the Republican and Democratic parties to highlight a major emergent force in U.S. politics: the recently expanded “Koch network” that coordinates big money funders, idea producers, issue advocates, and innovative constituency-building efforts in an ongoing effort to pull the Republican Party and agendas of U.S. politics sharply to the right. We review the major components and evolution of the Koch network and explore how it has reshaped American politics and policy agendas, focusing especially on implications for right-tilted partisan polarization and rising economic inequality. he Republican Party has become ... ideologi- legitimacy of its political opposition.”1 This startling “T cally extreme; contemptuous of the inherited description appeared not in a broadside issued by the social and economic policy regime; scornful of Democratic National Committee but in a wonkish 2012 compromise; unpersuaded by conventional understanding book, It’s Even Worse Than It Looks: How the American of facts, evidence, and science; and dismissive of the Constitutional System Collided with the New Politics of Extremism, co-authored by two sober-minded analysts of different personal political persuasions, Thomas Mann A list of supplementary materials provided by the authors and Norman Ornstein.
    [Show full text]
  • TEA Party Exposed by ANONYMOUS Political Party
    ANONYMOUS Political Party would like to take the pleasure to introduce The TEA Party /// Tobacco Everywhere Always this DOX will serve as a wake-up call to some people in the Tea Party itself … who will find it a disturbing to know the “grassroots” movement they are so emotionally attached to, is in fact a pawn created by billionaires and large corporations with little interest in fighting for the rights of the common person, but instead using the common person to fight for their own unfettered profits. The “TEA Party” drives a wedge of division in America | It desires patriots, militias, constitutionalists, and so many more groups and individuals to ignite a revolution | to destroy the very fabric of the threads which were designed to kept this republic united | WE, will not tolerate the ideologies of this alleged political party anymore, nor, should any other individual residing in this nation. We will NOT ‘Hail Hydra”! United as One | Divided by Zero ANONYMOUS Political Party | United States of America www.anonymouspoliticalparty.org Study Confirms Tea Party Was Created by Big Tobacco and Billionaires Clearing the PR Pollution That Clouds Climate Science Select Language ▼ FOLLOW US! Mon, 2013-02-11 00:44 BRENDAN DEMELLE SUBSCRIBE TO OUR E- Study Confirms Tea Party Was Created by Big NEWSLETTER Get our Top 5 stories in your inbox Tobacco and Billionaires weekly. A new academic study confirms that front 12k groups with longstanding ties to the tobacco industry and the billionaire Koch Like DESMOG TIP JAR brothers planned the formation of the Tea Help us clear the PR pollution that Party movement more than a decade clouds climate science.
    [Show full text]
  • Koch Industries, Inc. Strategie Corporate Research Report
    Office of Labor Education Research Cornell ILR School Koch Industries, Inc. Strategie Corporate Research Report Patrick Young, Ed Yoo, Robert Wesley Hannah, Iris Packman, and Jordan Wells Under the supervision of Kate Bronfenbrenner Labor Education Research Cornell University School of Labor and Industrial Relations June 2006 1. Executive Sum m ary...................................................................................... .................................. .1 1.1 Description of Firm and its Operations....,,.............................. ..................................................1 1.2 Profit Centers............... ............ .......... ....................................................................................... 1 1.3 Growth Plan................ ................................................................................................................ 1 1.4 Key Decision Makers...................................................................................................... ........... 2 1.5 Key relationships............... ............................................................................................. ............ 3 2. Introduction ............................ ............................ ........... ................................................................... 4 2.1 Basic information................................... ............................................. ........................ ............... 4 2.2 Company history.............................................................................
    [Show full text]
  • James Is Backed by Big Oil and the Koch Brothers Who Threaten the Great Lakes and Have Spent Over $670,000 to Help John James’ Campaigns
    JAMES IS BACKED BY BIG OIL AND THE KOCH BROTHERS WHO THREATEN THE GREAT LAKES AND HAVE SPENT OVER $670,000 TO HELP JOHN JAMES’ CAMPAIGNS JAMES RECEIVED $185,000 FROM THE OIL AND GAS INDUSTRY According To The Center For Responsive Politics, James Accepted $118,754 In Contributions From The Oil & Gas Industry In The 2020 Cycle. [Center for Responsive Politics, accessed 6/27/20] According To The Center For Responsive Politics, James Accepted $66,745 In Contributions From The Oil & Gas Industry In The 2018 Cycle. [Center for Responsive Politics, accessed 6/27/20] JAMES WAS BACKED BY THE KOCH POLITICAL NETWORK THE KOCH POLITICAL NETWORK INVESTED IN JOHN JAMES’ SENATE CAMPAIGNS, SPENDING AT LEAST $485,447 SUPPORTING HIS 2018 AND 2020 CAMPAIGNS AMERICANS FOR PROSPERITY ACTION, A KOCH NETWORK SUPER PAC, SPENT $475,447 SUPPORTING JAMES’ 2020 CAMPAIGN Through Sep. 29, 2020, Americans For Prosperity Action Spent $475,447 On Independent Expenditures Supporting James’ Campaign. [Center For Responsive Politics, 9/25/20] Americans For Prosperity Action Was Part Of The Koch Brothers’ Political Network. “With the balance of power in Congress at stake in just under two months, the influential conservative Koch political network has added another campaign finance weapon to its arsenal, a new super PAC. The latest entity, called Americans for Prosperity Action, is a sister organization to the Koch-backed nonprofit Americans for Prosperity, which describes its mission as fighting for less regulation, lower taxes and 'economic prosperity for all.'” [CNBC, 9/10/18] E&E News: “And Americans For Prosperity Action, Which Is Backed By The Koch Political Network, Has Spent $2.5 Million So Far, According To FEC Filings.” [E&E News, 7/29/20] KOCH INDUSTRIES PAC GAVE $5,000 TO JAMES’ 2020 CAMPAIGN 2019: Koch Industries PAC Contributed $5,000 To John James For Senate.
    [Show full text]
  • Environmental Excellence from the Toothbrush and Tissue in Your Ger the Numbers Get
    Discovery JULY 2011 THE QUARTERLY NEWSLETTER OF KOCH COMPANIES Environmental excellence From the toothbrush and tissue in your ger the numbers get. But it’s misleading lence (see pages 4-8) has not gone unno- bathroom to the fuel and safety features to only look at total emissions without ticed by environmental regulators. of your car, Koch companies help provide considering total output. “The U.S. Environmental Protection products that you – and millions of other “For example, a car company making a Agency has repeatedly complimented us people around the world – depend upon. million cars a year will produce more on our ability to set a good example for en- Seat belts, airbags, dashboards and tires emissions than a company making a vironmental performance,” Mahoney said. are all made from Koch products. The thousand cars. But which has the higher In 2000, a senior EPA official during the same is true for the world’s best camping total of emissions per car? Clinton administration praised Koch gear and high-fashion garments. “If you’re concerned about the environ- Petroleum Group’s agreement to reduce President Obama took the oath of office ment,” Mahoney said, “efficiency needs to 60,000 tons of air pollution annually. standing on carpet fiber made by a Koch be taken into account. And Koch compa- “We appreciate the unprecedented coop- company. And the disposable coffee cups nies are among the world’s most efficient.” eration,” she said, “in stepping forward to used on Air Force One? You guessed it. Emissions per unit work with us to reach this innovative and And yet, instead of appreciating the comprehensive agreement.
    [Show full text]