Koch Industries Inc.
Posted: October 12, 2010
Updated: January 17, 2014
Koch Industries registered with the Government Accountability Board following the January 2010 U.S. Supreme Court ruling in Citizens United v. FEC as a corporation making independent disbursements in the Fall 2010 state elections. This energy conglomerate is based in Wichita, Kansas. As a multi-industry company they have a diverse set of global subsidiaries including petroleum refineries, forest products and cattle ranching.
Koch Industries is owned by brothers Charles and David Koch. The company is reported to be the second-largest privately owned firm in the country and the Kochs, longtime libertarians, giving more than $100 million to conservative causes, according to a 2010 expose in New Yorker magazine.
The company's out-of-state political action committee contributes regularly to Wisconsin elections, including Supreme Court Justice candidates Annette Ziegler and Mike Gableman, but had not been active with independent expenditures as of 2010. The corporation made modest expenditures supporting selected incumbents of either party but limited support for challengers to Republicans. Incumbents supported had party or committee leadership roles in the area of energy, natural resources or finance. The company even listed retiring incumbent Representative Kitty Rhoades (30th Assembly District) among the candidates it intended to support in 2010. The Koch PAC was a habitual contributor to her campaign as a former Joint Finance Commitee co-chairperson.