Who owns georgia pacific
Published our first environmental and safety report to publicly track performance. Entered into a first-of-its-kind agreement with the Dept. Created the Georgia-Pacific Foundation Scholarship program for employees' children. Moved our headquarters from Portland, Oregon, to Atlanta, Georgia.
Created The Georgia-Pacific Foundation community investment arm. Went west for the first time, acquiring a facility in Bellingham, Washington. Koch companies manufacture paper, process minerals , create fertilizers, and refine oil. Some of the subsidiaries are also involved in ranching, commodities trading , and investing. Flint Hills offers petroleum products, gasoline, diesel fuels, jet fuels, and other oil products, as well as those related to polymers and other chemicals.
The company's ethanol plants have a combined production capacity of roughly million gallons per year. Flint Hills markets a variety of chemical applications, coatings, automotive parts, and asphalt and sells products on a worldwide basis, including the United States, Asia, Australia, Europe, South America, Central America, and New Zealand. 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 Industries also holds a variety of smaller subsidiaries as well as the major brands already mentioned.
The Matador Cattle Company operates three ranches with 12, head of cattle, for instance, while the Koch brothers have their name on a variety of other subsidiary brands. Based on year data, [7] researchers at the Political Economy Research Institute of the University of Massachusetts named Georgia-Pacific as the fifteenth-largest corporate producer of air pollution in the United States.
In that year, Georgia-Pacific facilities released more than 22,, pounds of toxic chemicals into the air. Like all large manufacturers, each year the U.
Environmental Protection Agency requires Georgia-Pacific to report publicly quantities of certain chemicals that facilities release into the air, water, and onto land. For the most recent reporting period — as of Spring — the company showed a 12 percent decrease in these releases from From to , Georgia-Pacific has reduced its total releases and transfers of these specified compounds by 26 percent.
In , the company drew criticism for allegedly pressuring the U. Senate Judiciary Committee to approve legislation that would allow Georgia-Pacific to "avoid installing pollution gear at many of its plants. Georgia-Pacific is also involved in several remediation sites, many of which were landfills used by other manufacturers, municipalities and other businesses, and individuals.
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