KOCH INDUSTRIES


Associated tags: Agriculture, Renewable energy, Glass, Polymer, Koch Industries, Paper, Electronics, News, KII, Recycling, Safety

Locations: GEORGIA, KANSAS, KOCH, UNITED STATES, MINNESOTA, EPI, ALABAMA, MISSISSIPPI

Koch Industries Recognized as 2024 ENERGY STAR Partner of the Year for Energy Management

Retrieved on: 
Tuesday, March 26, 2024

"All of us here at Koch are proud to again be named an EPA ENERGY STAR Partner of the Year," said Sheryl Corrigan, Vice President - Environmental, Health and Safety at Koch Industries.

Key Points: 
  • "All of us here at Koch are proud to again be named an EPA ENERGY STAR Partner of the Year," said Sheryl Corrigan, Vice President - Environmental, Health and Safety at Koch Industries.
  • The award recognizes corporate energy management programs that perform at a superior level, demonstrate best practices across the organization and demonstrate companywide energy savings.
  • Leaf River in New Augusta, Mississippi (Georgia-Pacific)
    These projects have been recognized by fellow EPA Partners as reducing energy intensity in business operations.
  • The ENERGY STAR Challenge for Industry is a call to action for industrial sites to reduce their energy intensity by 10% within five years.

Hillman Acquires Koch Industries, Enters Rope and Chain Product Category

Retrieved on: 
Thursday, January 11, 2024

This acquisition marks the entrance into rope and chain, a new product category for Hillman.

Key Points: 
  • This acquisition marks the entrance into rope and chain, a new product category for Hillman.
  • With rope and chain products added to its newly expanded product portfolio, Hillman can seamlessly bring these products to existing customers while realizing shipping, sourcing, and service efficiencies along the way.
  • Having recently entered the adjacent category of rope and chain accessories, the addition of rope and chain will further embed Hillman with its blue-chip customers.
  • Koch Industries was founded by Randy and Dave Koch, entrepreneurs who have successfully built numerous companies.

Molex Expands European Manufacturing Footprint and Capabilities with State-of-the-Art Campus in Poland

Retrieved on: 
Thursday, November 9, 2023

LISLE, Ill., Nov. 9, 2023 /PRNewswire/ -- Molex , a global electronics leader and connectivity innovator, today announced a major expansion of its global manufacturing footprint with the opening of a new campus in Katowice, Poland.

Key Points: 
  • LISLE, Ill., Nov. 9, 2023 /PRNewswire/ -- Molex , a global electronics leader and connectivity innovator, today announced a major expansion of its global manufacturing footprint with the opening of a new campus in Katowice, Poland.
  • "The Katowice campus will expand our European footprint, providing our pharmaceutical, diagnostic and medtech customers with new capabilities and the expert support they need to bring innovative new products to market," said Paul Chaffin, Phillips-Medisize SVP and president of Molex Medical and Pharma Solutions.
  • The campus will be the first site for both Molex and Phillips-Medisize to hold a LEED Gold certification.
  • As Molex is part of Koch Industries, the Katowice campus will further increase the group's presence in Poland.

Koch Industries Earns 2023 ENERGY STAR Partner of the Year Award for Energy Management

Retrieved on: 
Tuesday, March 28, 2023

WICHITA, Kan., March 28, 2023 /PRNewswire/ -- Koch Industries, Inc. ("Koch") has earned the Environmental Protection Agency's (EPA) ENERGY STAR® Partner of the Year Award for 2023. This is the third consecutive year Koch has earned this award and the fourth overall, maintaining its status in ENERGY STAR's Sustained Excellence category. ENERGY STAR award winners lead their industries in the production, sale and adoption of energy-efficient products, homes, buildings, services and strategies; it is the highest honor bestowed by the EPA.

Key Points: 
  • Koch wins highest EPA recognition for third consecutive year, fourth overall; maintains status in Sustained Excellence category
    WICHITA, Kan., March 28, 2023 /PRNewswire/ -- Koch Industries, Inc. ("Koch") has earned the Environmental Protection Agency's (EPA) ENERGY STAR® Partner of the Year Award for 2023.
  • This is the third consecutive year Koch has earned this award and the fourth overall, maintaining its status in ENERGY STAR's Sustained Excellence category.
  • ENERGY STAR award winners lead their industries in the production, sale and adoption of energy-efficient products, homes, buildings, services and strategies; it is the highest honor bestowed by the EPA.
  • "Being recognized again by the EPA for superior energy performance is an important milestone for Koch," said Sheryl Corrigan, director of environmental, health and safety at Koch Industries.

Koch Industries Announces Leadership Changes

Retrieved on: 
Thursday, March 2, 2023

WICHITA, Kan., March 2, 2023 /PRNewswire/ -- Koch Industries, Inc. today announced important leadership changes focused on ensuring that the company will continue to succeed well into the future.

Key Points: 
  • WICHITA, Kan., March 2, 2023 /PRNewswire/ -- Koch Industries, Inc. today announced important leadership changes focused on ensuring that the company will continue to succeed well into the future.
  • Dave Robertson will join Charles Koch as co-chief executive officer of Koch Industries and was elected vice chairman of the board.
  • Both will remain in their current roles, Koch as CEO of Koch Disruptive Technologies and Dinkel as CFO of Koch Industries, but with additional responsibilities.
  • I believe altogether these changes will improve our ability to continually transform for the benefit of our company, our employees, our customers and people throughout society," said Charles Koch, chairman and co-CEO of Koch Industries.

Koch Industries' Legal Team Chooses Luminance for AI-Powered Process Automation

Retrieved on: 
Wednesday, February 1, 2023

LONDON, Feb. 1, 2023 /PRNewswire/ -- Luminance, the global leader for legal process automation, today announced that the legal team supporting Koch Industries, Inc. ("Koch"), has adopted Luminance's award-winning AI to transform internal legal processes, enhancing the way multiple Koch companies interact with Legal.

Key Points: 
  • LONDON, Feb. 1, 2023 /PRNewswire/ -- Luminance, the global leader for legal process automation, today announced that the legal team supporting Koch Industries, Inc. ("Koch"), has adopted Luminance's award-winning AI to transform internal legal processes, enhancing the way multiple Koch companies interact with Legal.
  • Using Luminance, employees within Koch's legal team and across the Koch companies are able to generate compliant contracts with pre-approved wording that meets both internal standards and external regulations.
  • Having already rolled-out Luminance across multiple Koch companies, Koch's legal team now plans to make the technology available to thousands of more employees in the coming months.
  • Laura Pickle, CIO & Discovery Director for Koch's legal team, commented: "Luminance will be transformational for legal services, providing us with the opportunity to enhance our legal processes.

Koch Industries' Legal Team Chooses Luminance for AI-Powered Process Automation

Retrieved on: 
Wednesday, February 1, 2023

LONDON, Feb. 1, 2023 /PRNewswire/ -- Luminance, the global leader for legal process automation, today announced that the legal team supporting Koch Industries, Inc. ("Koch"), has adopted Luminance's award-winning AI to transform internal legal processes, enhancing the way multiple Koch companies interact with Legal.

Key Points: 
  • LONDON, Feb. 1, 2023 /PRNewswire/ -- Luminance, the global leader for legal process automation, today announced that the legal team supporting Koch Industries, Inc. ("Koch"), has adopted Luminance's award-winning AI to transform internal legal processes, enhancing the way multiple Koch companies interact with Legal.
  • Using Luminance, employees within Koch's legal team and across the Koch companies are able to generate compliant contracts with pre-approved wording that meets both internal standards and external regulations.
  • Having already rolled-out Luminance across multiple Koch companies, Koch's legal team now plans to make the technology available to thousands of more employees in the coming months.
  • Laura Pickle, CIO & Discovery Director for Koch's legal team, commented: "Luminance will be transformational for legal services, providing us with the opportunity to enhance our legal processes.

Compass Minerals Announces Closing of $252 Million Strategic Equity Investment from Koch Minerals & Trading, LLC

Retrieved on: 
Tuesday, October 18, 2022

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. (KII), has completed its $252 million equity investment in Compass Minerals through the purchase of Compass Minerals common stock.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. (KII), has completed its $252 million equity investment in Compass Minerals through the purchase of Compass Minerals common stock.
  • Compass Minerals expects to use the remaining $52 million of proceeds from the KM&T investment, less transaction expenses, to reduce debt.
  • Additionally, KM&T may appoint up to two members to the Compass Minerals board of directors.
  • Under the terms of the investment agreement and after all closing conditions were met, KM&T was issued 6,830,700 shares of Compass Minerals common stock at a price of $36.87 per share, resulting in proceeds to Compass Minerals of approximately $252 million.

KOCH INDUSTRIES EARNS 2022 ENERGY STAR PARTNER OF THE YEAR AWARD FOR ENERGY MANAGEMENT

Retrieved on: 
Thursday, May 5, 2022

WICHITA, Kan., May 5, 2022 /PRNewswire/ -- Koch Industries, Inc. ("Koch") today announced that it has earned the Environmental Protection Agency's (EPA) ENERGY STAR® Partner of the Year Award for 2022. This is the second consecutive year Koch has earned this award, moving the company into ENERGY STAR's Sustained Excellence category. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies; it is the highest honor bestowed by the EPA.

Key Points: 
  • Koch wins highest EPA recognition for second consecutive year, enters Sustained Excellence category
    WICHITA, Kan., May 5, 2022 /PRNewswire/ -- Koch Industries, Inc. ("Koch") today announced that it has earned the Environmental Protection Agency's (EPA) ENERGY STAR Partner of the Year Award for 2022.
  • This is the second consecutive year Koch has earned this award, moving the company into ENERGY STAR's Sustained Excellence category.
  • Since joining the ENERGY STAR program in2015, Koch has maintained a high level of performance, improving energy efficiency in its businesses.
  • The ENERGY STAR award comes as Koch companies work toward even greater energy management and efficiency practices.

New Construction Startup, PLOT, Announces Backing from Koch Industries and High Alpha Innovation

Retrieved on: 
Wednesday, November 10, 2021

WICHITA, Kan., Nov. 10, 2021 /PRNewswire/ -- PLOT ( https://www.getplot.com/ ), a comprehensive construction communications platform, announced its pre-seed investment partnership with Koch Industries and Indianapolis-based venture studio High Alpha Innovation this week.

Key Points: 
  • WICHITA, Kan., Nov. 10, 2021 /PRNewswire/ -- PLOT ( https://www.getplot.com/ ), a comprehensive construction communications platform, announced its pre-seed investment partnership with Koch Industries and Indianapolis-based venture studio High Alpha Innovation this week.
  • In order to better streamline communication channels across the construction value chain, Koch partnered with High Alpha Innovation to build PLOT, and most recently led the startup's pre-seed round.
  • As corporate partners, Koch and High Alpha Innovation will advance PLOT's vision of creating a comprehensive platform that could transform communications throughout the construction industry.
  • "By employing this venture studio approach, both Koch and our team at High Alpha Innovation were able to bring PLOT to market quickly.