Koch Industries acquired Georgia Pacific on Dec. It is based in Atlanta, Georgia, but markets worldwide. Originally known as Georgia Hardwood Lumber Co. The list of products also includes the well-known brands Quilted Northern tissue, Brawny paper towels, and Dixie cups. Koch Industries completed its full acquisition of Guardian Industries on Feb. Think of Guardian Industries as a glass company. It manufactures glass for automobiles, building applications, fiberglass insulation, and coated glass for architectural needs.
The company is also known for its research and development of new applications for glass, such as energy-efficient windows. Invista makes spandex, resins, chemicals, and polymers and is a spinoff of DuPont. The company concentrates on textiles and owns numerous brands such as Lycra, Tactel, and Thermolite, as well as brands for outdoor gear, carpet Stainmaster , and luggage. When Koch Industries purchased Invista in , the conglomerate merged the polymers subsidiary with its existing KoSa subsidiary in order to create a new company under the Invista name.
The company counted nearly , products in its catalog in and had more than 35, employees in 15 countries. Molex creates electronics to solve technical problems in electric cars, robotic surgery, and even the Mars Exploration Rover. The company is also involved in fiber optics, smartphones, and defense applications. With about 80 years of history, Molex has been a critical part of the development of some of the most prominent technologies of today, including the first cell phones, HDTVs, and car radios.
The annual revenues from Koch Industries, making it one of the biggest private companies in North America. It uses its expertise in market analysis, purchasing, hedging , and energy logistics to provide comprehensive services to other companies. Lastly, Koch Methanol is a methanol supplier. It was originally established to fulfill the needs of Koch Industries subsidiaries, but it now works with other companies as well.
The pipelines transport oil and refined petroleum, as well as natural gas. Koch Pipeline Company operates approximately 4, miles of pipeline in six U. Koch is already a small player in pulp and paper products, having last year bought two wood- pulp and fluff mills from Georgia-Pacific to form its Koch Cellulose division.
Pulp and fluff are used to make absorbent paper products such as diapers and wipes, as well as certain fine papers, tissue products and coffee filters. Georgia-Pacific said its paper mills and distribution centers shipped out last week at percent its normal capacity and that it is also working on direct shipments with customers to lower distribution time. Despite the jump in activity, the company said its system was not showing signs of logistical strain. Numerous retailers across the country have implemented reduced hours in recent days in part to allow them time to restock inventory as those shipments roll in.
As consumers have been panic buying toilet paper, shelves at some local supermarkets and drugstores are bare. But how does a manufacturer respond to coronavirus-sparked shortages of this inexpensive commodity? We reached out to Georgia-Pacific, the paper-products giant owned by Koch Industries, which makes the AngelSoft and Quilted Northern brands, to find out.
His brother David died last summer. Georgia-Pacific declined to provide more specifics or disclose any sales numbers. As Harvard Business School professor Willy Shih wrote on Forbes earlier this month, manufacturers of toilet tissue optimize their supply chains based on the assumption that consumption is stable, neither seasonal nor subject to supply spikes.
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