Dave Robertson, president and COO of Koch Industries, said Koch doesn't want to turn the plants over to the Russian government “so it can operate and benefit ...
Updated: Mar. 17, 2022 at 5:38 PM UTC Published: Mar. 17, 2022 at 5:30 PM UTC
Koch Industries, the conglomerate run by billionaire Charles Koch, is planning to stay in Russia even as hundreds of Western companies have scaled back ...
"Koch Industries is shamefully continuing to do business in Putin's Russia and putting their profits ahead of defending democracy," said Senate Majority Leader Chuck Schumer and Senator Ron Wyden, in a joint statement. Charles Koch has been a frequent supporter of the Republican party. "Doing so would only put our employees there at greater risk and do more harm than good."
Koch Industries, owned by right-wing billionaire Charles Koch, is not joining the hundreds of foreign companies that have left Russia because of its ongoing ...
“We have no other physical assets in Russia, and outside of Guardian, employ 15 individuals in the country,” the letter states. Other companies, including McDonald’s, have left Russia while still paying employees there. “The horrific and abhorrent aggression against Ukraine is an affront to humanity,” his open letter begins.
Koch Industries is continuing its operations in Russia as dozens of other companies have pulled out of the country due to the war in Ukraine.
It is time for Koch Industries to put the values of democracy ahead of its own profits,” Wyden and Schumer said. We invite you to join the discussion on Facebook and Twitter. Principles always matter, and they matter most when they are under pressure,” Robertson said.
More than 400 global companies have announced plans to withdraw or scale back their operations in Russia over its invasion of Ukraine.
The weapons: Ukraine is making use of weapons such as Javelin antitank missiles and Switchblade “kamikaze” drones, provided by the United States and other allies. The Biden administration will also announce on Wednesday more sanctions on Russian enterprises and government officials. The last independent newsletter in Russia suspended its operations. “The horrific and abhorrent aggression against Ukraine is an affront to humanity,” said Robertson, the Koch executive. It is run and partly owned by Charles Koch, known for the millions he donated to conservative causes with his brother David Koch, who died in 2019. Koch Industries, the American manufacturing giant that employs 122,000 people across the world, said Wednesday it would not exit its operations in Russia because doing so would put its “employees there at greater risk and do more harm than good.”
Political groups supported by Charles Koch, the right-wing billionaire who is chairman and CEO of Koch Industries, oppose broad economic sanctions against ...
A similar message comes from Will Ruger, president of another Charles Koch-backed group, the American Institute for Economic Research, or AIER, according to Popular Information's reporting. "We will continue to closely monitor the situation and keep you updated as needed." However, broad-based economic sanctions rarely achieve their desired policy outcomes," Dan Caldwell, the group's vice president for foreign policy, tweeted on Monday. The company's stance on doing business in Russia drew criticism in some quarters. Making money is what they value," Mayer tweeted. "While Guardian's business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them," Dave Robertson, president and COO of Koch Industries, said Wednesday in a statement posted by the company.
Koch Industries, the Wichita, Kan., company run by right-wing billionaire Charles Koch, released a statement on its Russia operations on Wednesday, in which ...
Koch Industries, the Wichita, Kan., company run by right-wing billionaire Charles Koch, released a statement on its Russia operations on Wednesday, in which it said it would continue to operate its glass manufacturing facilities. Koch Industries, the Wichita, Kan., company run by right-wing billionaire Charles Koch, The company, which has bucked the trend of U.S. companies withdrawing or curtailing their activities in Russia following its invasion of neighboring Ukraine, said its two glass manufacturing facilities that are part of Guardian Industries, a company it acquired in 2017, employ about 600 people, and that outside of that it employs 15 individuals in Russia. "While Guardian's business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them (which is what The Wall Street Journal has reported they would do)," Chief Operating Officer Dave Robertson said in a statement.
Dave Robertson, president and COO of Koch Industries, said Koch doesn't want to turn the plants over to the Russian government “so it can operate and benefit ...
Updated: Mar. 17, 2022 at 5:38 PM UTC Published: Mar. 17, 2022 at 5:30 PM UTC
Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian ...
Updated: Mar. 17, 2022 at 5:38 PM UTC Published: Mar. 17, 2022 at 5:30 PM UTC
In his gut-wrenching address to Congress, Ukrainian President Volodymyr Zelensky asked the United States for more — and more he will get.
They’re undermining an effective resolution” and increasing the likelihood of continued bloodshed. Because they won’t, we all should do more to stop them. Go to Sonnenfeld’s website via Yale’s School of Management to make sure you aren’t funding the businesses that are funding Putin’s war machine — and reward the vast majority of companies that share Zelensky’s belief that peace is more important than profit. “The whole idea is to freeze up civil society, to get people out on the streets and outraged. But Zelensky made another ask on Wednesday morning, and it’s something all Americans can help with. Neither lawmakers nor the administration support a U.S.-led no-fly zone or any other troop commitment, and congressional hawks are successfully pushing Biden toward giving Ukraine whatever weaponry it desires, likely including aircraft.
Yesterday, we suggested that if the GOP really cared about Russian funds influencing American politics and energy, as they claim when falsely attacking ...
Jane Mayer’s Dark Money revealed that the vast fortune the Koch sons would spend on building the Tea Party was generated by their father’s build-up of Nazi Germany’s oil refining capacity. Legume ends with a quote from Jane Mayer: “all Koch’s talk of rights and liberty means nothing… Koch Industries has three companies in Russia, an electric component producer Molex, pollution control equipment manufacturer Koch Engineered Solutions, and Guardian Industries, which makes glass and auto parts.
On Wednesday, Koch President and COO Dave Robertson said the company decided to continue operating its subsidiary Guardian Industries' two glass manufacturing ...
"We will continue to closely monitor the situation and keep you updated as needed." He added that the intensifying situation "violates [the] company's values and principles" and that Koch Industries will continue to provide aid to those affected by the war. On Wednesday, Koch President and COO Dave Robertson said the company decided to continue operating its subsidiary Guardian Industries' two glass manufacturing facilities in Russia with its 600 Russian employees in mind.
More than 400 companies have either withdrawn, suspended or scaled back their operations in Russia since the beginning of the war.
Charles Koch, the company’s 86-year-old CEO, threw his money behind the tea party movement after Barack Obama’s election victory in 2008. “Boy, did we screw up! But Koch himself said Republicans should certify Joe Biden’s Electoral College victory. “Peace is more important than income, and we have to defend this principle in the whole world.” “The horrific and abhorrent aggression against Ukraine is an affront to humanity,” he said. Koch Industries, Inc., led by billionaire conservative donor Charles Koch, will stay in Russia, defying calls for American companies to exit the country, according to a statement published on its website Wednesday. More than 400 companies have either withdrawn, suspended or scaled back their operations in Russia because of its invasion of Ukraine, a list compiled by Yale’s School of Management shows.
Koch Industries Inc. has made headlines recently as one of the Western firms continuing to do business in Russia after that country's invasion of Ukraine.
“We have no other physical assets in Russia, and outside of Guardian, employ 15 individuals in the country," Robertson said in the letter. The company also posted the letter on its website. Doing so would only put our employees there at greater risk and do more harm than good.”
Koch Industries will continue to operate its two glass manufacturing facilities in Russia, according to a company statement.
The industrial conglomerate is the second-largest privately-owned business in the US with annual revenue of $115 billion.
Koch declared that "socialism is the precursor to communism" and described the Soviet Union as "a land of hunger, misery, and terror." He explained that one of the "Potential Methods of Communist Take-over in the U.S.A. by Internal Subversion" was "Infiltration of high offices of government and political parties until the President of the U.S. is a Communist...Even the Vice Presidency would do as it could be easily arranged for the President to commit suicide." He published a 39-page, anti-communist pamphlet "A Business Man Looks at Communism" relating his experiences in the Soviet Union and warned of the threat of a Communist take-over. The industrial conglomerate is the second-largest privately-owned business in the US with annual revenue of $115 billion. The outrage following the Koch Industries' decision to stay put in Russia brought forth the company's rather forgotten links to the Soviet Union. Young Fred Koch was an innovator who helped revolutionize the oil industry. Aside from Guardian Industries, Koch directly employs 15 people in Russia. "While Guardian's business in Russia is a very small part of Koch, we will not walk away from our employees there or hand over these manufacturing facilities to the Russian government so it can operate and benefit from them," Dave Robertson, President and COO of Koch Industries, said in a statement on Wednesday, March 16.
Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian ...
Updated: Mar. 17, 2022 at 5:38 PM UTC Published: Mar. 17, 2022 at 5:30 PM UTC