Who bought Molex?
Koch Industries, Inc.
WICHITA, KANSAS/LISLE, ILLINOIS – Koch Industries, Inc. has completed its $7.2 billion acquisition of Molex Incorporated (NASDAQ: MOLX, MOLXA), a global electronic components company.
When did Koch buy Molex?
September 2013
In September 2013, Koch Industries purchased Molex for $7.2 billion.
Where is Molex manufactured?
Japan
The focus on local supply in Japan, however, demanded that Molex manufacture its products in Japan, where Japanese manufacturers could monitor the production of Molex connectors. Accordingly, the company’s first plant outside the United States was constructed in Yamato City, Japan, opening in 1970.
Who founded Molex?
Fred L KrehbielMolex / Founder
Molex Inc. Molex Inc. In 1938, Frederick Krehbiel founded a company in Brookfield that made plastic goods. In the 1940s, led by John Krehbiel, the company moved into electric and electronics products at its Brookfield factory.
Who owns Koch Industries?
Charles Koch
Koch Industries
| Type | Private |
|---|---|
| Revenue | US$115 billion (2019) |
| Owner | Charles Koch (42%) Heirs of David Koch (42%) Trusts for the benefit of Elaine Tettemer Marshall, Preston Marshall, and E. Pierce Marshall Jr. (16%) |
| Number of employees | 100,000 (2019) |
Is Koch Industries publicly traded?
Koch Industries does have shareholders; however, they are limited in number and have been involved with the company for many years. Being private, of course, means that the stock of Koch Industries is not publicly traded.
Is Koch Industries privately owned?
Koch Industries is a private company that has annual revenues topping $110 billion.
Who owns Georgia-Pacific?
Koch IndustriesGeorgia-Pacific / Parent organization
Headquartered in Atlanta, Georgia-Pacific employs nearly 35,000 people worldwide. The company was listed on the New York Stock Exchange from 1949 through 2005, when it was acquired as a wholly owned subsidiary of Koch Industries, Inc., a privately owned company based in Wichita, Kansas.
Who is the CEO of Molex?
Joe Nelligan (Nov 1, 2018–)Molex / CEO
Nelligan brings more than 30 years of Molex experience to lead the company. Molex, a leading global manufacturer of electronic solutions, announced that Joe Nelligan officially begins his tenure as CEO today, following the retirement of current CEO Martin P. Slark.
Is Molex private?
Electronic and optical components and interconnectivity vendor Molex Inc. (NASDAQ: MOLX, MOLXA) is set to go private. The company’s board of directors has accepted an offer of $38.50 per share in cash, for a total of approximately $7.2 billion, from privately held Koch Industries, Inc.
Who is the CEO of Koch Industries?
Charles Koch (1967–)Koch Industries / CEO
What is Koch’s salary?
The average estimated annual salary, including base and bonus, at Koch Industries is $128,353, or $61 per hour, while the estimated median salary is $127,772, or $61 per hour.