Cornell University ILR School DigitalCommons@ILR Research Studies and Reports ILR Collection 6-2006 Koch Industries, Inc. Strategie Corporate Research Report Patrick Young Cornell University Ed Yoo Cornell University Robert Wesley Hannah Cornell University Iris Packman Cornell University Jordan Wells Cornell University Follow this and additional works at: https://digitalcommons.ilr.cornell.edu/reports Thank you for downloading an article from DigitalCommons@ILR. Support this valuable resource today! This Article is brought to you for free and open access by the ILR Collection at DigitalCommons@ILR. It has been accepted for inclusion in Research Studies and Reports by an authorized administrator of DigitalCommons@ILR. For more information, please contact
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[email protected] for assistance. Koch Industries, Inc. Strategie Corporate Research Report Abstract [Excerpt] With its 2005 purchase of paper giant Georgia-Pacific, ochK Industries became the largest privately-held corporation in North America. Originally started as an oil production and refining firm in the first half of the twentieth century, Koch now has major operations in petroleum, chemicals, energy, fibers and polymers, minerals, fertilizers, chemical technology equipment, forest and consumer products, ranching, trading, and securities and finance. The company, based in Wichita, Kansas, employs 80,000 people in sixty countries worldwide. Koch’s oil operations are run primarily through the Flint Hills Resources family of subsidiaries, which has a production capacity of about 800,000 barrels of crude oil daily. Another one of Koch’s major ventures, synthetic textiles, operates through the company’s wholly-owned subsidiary, INVISTA, which produces both consumer and commodity textiles.