Koch Enterprises began business at the George Koch Son Tin Shop in Evansville, Indiana in 1873. The company has grown and expanded and is now in its 151 year of operation, under the current president and fifth generation family member, Kevin Koch. Kevin’s father, Robert L. Koch II is still very active in the company serves as Chairman of the Board. As the company has expanded, it has also diversified into additional industries through internal growth and acquisition. Today, Koch Enterprises is comprised of seven operating businesses, each with a different market focus, but sharing the culture and the business goals of the parent.
Since the early beginning, it has been the business strategy of Koch Enterprises to own diverse businesses which are in different stages of maturity and perform in complementary business cycles. This strategy has enabled the company to maintain a strong financial position and to continue growing over many years. The graph below shows consolidated sales in millions of US Dollars.
Koch Enterprises is a financially conservative company that maintains a very liquid and solid balance sheet.
Sales $1,426 Million
Assets $929 Million
Equity $648 Million
Dun & Bradstreet Number: 00-637-0357 and Dun & Bradstreet Rating: 5A1