KOCH JOB GROWTH CLAIMS - American Bridge...

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1 KOCH JOB GROWTH CLAIMS Executive Summary Job Growth Claims While Koch Industries has indeed experienced massive headcount growth, nearly all of the increases are attributed to acquisitions of companies like Georgia Pacific, Invista, and most recently Molex. Ownership changing hands is not an indication of job creation. On the contrary, many of the reported jobs numbers indicate there have been net job losses under Koch Industries. For example: Inivsta/KoSa Employment Dropped From 24,500 To “About 10,000” When Koch acquired Invista, it merged the company with a Koch polyester subsidiary KoSa. Together the two companies employed 24,500 at time of merger. As of 2013, the company employees “about 10,000.” Georgia-Pacific Employment Dropped From 55,000 To 30,000 When Koch acquired Georgia Pacific it employed about 55,000 employees. As Of December, 2013 they employ 30,000. Some of the job loss is attributed to selling off of some of Georgia-Pacific’s international facilities as a result of increased reliance on other foreign suppliers.

Transcript of KOCH JOB GROWTH CLAIMS - American Bridge...

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KOCH JOB GROWTH CLAIMS

Executive Summary

Job Growth Claims

While Koch Industries has indeed experienced massive headcount growth, nearly all of the increases are attributed to

acquisitions of companies like Georgia Pacific, Invista, and most recently Molex. Ownership changing hands is not an

indication of job creation. On the contrary, many of the reported jobs numbers indicate there have been net job losses under

Koch Industries. For example:

Inivsta/KoSa Employment Dropped From 24,500 To “About 10,000” When Koch acquired Invista, it merged the company with a Koch polyester subsidiary KoSa. Together the two companies employed 24,500 at time of merger. As of 2013, the company employees “about 10,000.” Georgia-Pacific Employment Dropped From 55,000 To 30,000 When Koch acquired Georgia Pacific it employed about 55,000 employees. As Of December, 2013 they employ 30,000. Some of the job loss is attributed to selling off of some of Georgia-Pacific’s international facilities as a result of increased reliance on other foreign suppliers.

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CONTENTS

Koch Job Growth Claims........................................................................................................... 1

Executive Summary ...................................................................................................................................... 1

Contents ..................................................................................................................................... 2

Georgia-Pacific .......................................................................................................................... 4

2004-2005: Koch Acquires Georgia-Pacific ................................................................................................... 4

2004: Koch Acquires Georgia-Pacific’s Pulp Operations ................................................................................................................. 4

2005: Koch Acquires Georgia-Pacific .................................................................................................................................................. 4

Georgia Pacific Shrank from 55,000 Employees In 2005 to 30,000 Employees Today ................................ 4

2005: Georgia-Pacific Had 55,000 Employees .................................................................................................................................... 4

Georgia-Pacific International Expansion And Sale of Assets ...................................................................... 5

GP’s Global Presence.............................................................................................................................................................................. 5

Europe ....................................................................................................................................................................................................... 5

Canada ....................................................................................................................................................................................................... 6

China .......................................................................................................................................................................................................... 7

Hong Kong ............................................................................................................................................................................................... 8

India ........................................................................................................................................................................................................... 8

Latin America ......................................................................................................................................................................................... 10

Africa ........................................................................................................................................................................................................ 11

Invista ...................................................................................................................................... 13

Acquisition From Dupont In 2003............................................................................................................... 13

November, 2003: Dupont Agrees To Sell Invista Textiles To Koch Industries: ........................................................................ 13

Koch Industries Merged Invista With Its KoSa Subsidiary, A Polyester Subsidiary Acquired From Hoeschst In 1998 ..... 13

2004: Invista And Kosa Employed 24,500 At Time Of Merger – Koch Promised To Retain All Employees And Facilities

................................................................................................................................................................................................................... 14

2013: Invista, As Merged With Kosa, Had “About 10,000” Employees ...................................................................................... 15

Invista’s Global Expansion .......................................................................................................................... 15

China ........................................................................................................................................................................................................ 15

Invista CEO Jeff Gentry: Invista “Must Be In Harmony With China’s 5 Year Plans” ............................................................. 16

Mexico ..................................................................................................................................................................................................... 21

Canada ..................................................................................................................................................................................................... 22

India ......................................................................................................................................................................................................... 22

Brazil ........................................................................................................................................................................................................ 22

Singapore ................................................................................................................................................................................................. 22

Netherlands ............................................................................................................................................................................................. 24

United Kingdom .................................................................................................................................................................................... 24

Koch Industries Total Employment Over Time .................................................................... 25

1999: 16,000 Employees ............................................................................................................................... 25

2000: Post Koch Downsizing, Before Major Acquisitions – Between 10,000 and 13,000 employees ......... 25

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Koch Said Layoffs Driven By Need to Compete Against Mergers and Acquisitions In Industry ........................................... 25

April 2000: End of Layoffs In Wichita ............................................................................................................................................... 25

2001: 11,000 Employees At Start, 19,000 After Acquisition of KoSa ............................................................ 26

2003: Pre-Invista Acquisition– 17,000 Employees ...................................................................................... 26

2004: 30,000 Employees .............................................................................................................................. 26

2005: 30,000 Employees .............................................................................................................................. 27

2006: Koch Acquires Georgia Pacific and Rises to Their Pre-Molex Height –85,000 Employees ............ 27

2007 – 80,000 Employees ............................................................................................................................ 27

2008-2009: Koch Begins to Cut ................................................................................................................... 27

2010-2013: Koch Cuts More ......................................................................................................................... 27

2012: 60,000 Employees, 50,000 In United States ....................................................................................... 28

2013, 60,000 Employees, Pre-Molex............................................................................................................ 28

2014: Koch Buys Molex – 100,000 Employees ............................................................................................ 28

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GEORGIA-PACIFIC

2004-2005: Koch Acquires Georgia-Pacific

2004: KOCH ACQUIRES GEORGIA-PACIFIC’S PULP OPERATIONS Koch Subsidiary KoCell Signed A Letter Of Intent To Buy Georgia-Pacific Corp’s Pulp Operations For $610 Million. According to Wichita Eagle, “- Last month, Koch subsidiary KoCell signed a letter of intent to buy Georgia-Pacific Corp.’s pulp operations for $610 million. The deal would include mills in Brunswick, Ga., and New Augusta, Miss., along with a short-line railroad serving the Mississippi mill.” [Wichita Eagle, 6/9/04]

2005: KOCH ACQUIRES GEORGIA-PACIFIC In November 2005 Koch Industries Agreed To Purchase Georgia-Pacific For $13.2 Billion And To Assume $7.8 Billion Of Its Debt. According to the Wall Street Journal, “Koch Industries Inc. agreed to purchase building-products and paper maker Georgia-Pacific Corp. for $13.2 billion, bringing the maker of Brawny paper towels and Dixie cups under the roof of what will become the nation's largest private company by revenue. Under terms of the deal, Koch will make a $48 per share cash tender to Georgia-Pacific shareholders, a price 39% above where Georgia Pacific's shares closed trading on Friday. Koch, based in Wichita, Kan., will also assume $7.8 billion of Georgia-Pacific debt outstanding.” [Wall Street Journal, 11/14/05] In 2005 “Koch Acquired Georgia-Pacific's Pulp Plants In Georgia And Mississippi, As Well As Stakes In Three Brazilian Ventures, For $685 Million.” According to the New York Times, “Last year, Koch acquired Georgia-Pacific's pulp plants in Georgia and Mississippi, as well as stakes in three Brazilian ventures, for $685 million. The plants in the United States make what the industry calls paper fluff, water-absorbent material used in diapers, sanitary napkins and tampons. As a result of that acquisition, Koch began to look at the undervalued pulp and paper business. Three months ago, it undertook an industry wide analysis with an eye to an acquisition.” [New York Times, 11/15/05] The Deal “Transformed” Georgia-Pacific Into A Private Company. According to the New York Times, “One advantage for Georgia-Pacific, Mr. Koch said, is that the deal will transform it into a private company, with less pressure on short-term performance and less need to pay out its earnings in dividend. When Mr. Correll explained that yesterday to Georgia-Pacific employees in Atlanta, one person who was there said, he received a standing ovation.” [New York Times, 11/15/05]

Georgia Pacific Shrank from 55,000 Employees In 2005 to 30,000 Employees Today

2005: GEORGIA-PACIFIC HAD 55,000 EMPLOYEES In November 2005 Koch Employed 30,000 People And Georgia-Pacific Employed 55,000 People. According to a special employee broadcast from Georgia-Pacific Television, “Even more importantly, like us, they value dignity and respect. They value safety. They value participating in programs like VPP. They value and are proud of their environmental leadership and they’ve been recognized and—numerous occasions for their environmental stewardship. (END VIDEO CLIPS) And, what was really important to me, they value the 30,000 employees of Koch the same way you know that we value the 55,000 employees of Georgia-Pacific.” [SEC.gov, 11/14/05]

On June 28, 2003, Prior to Koch Acquisition, Georgia Pacific Claimed To Employ Approximately 61,000 Employees; 7,000 In Europe, 1,600 In Canada and Mexico. According to an Offers to Exchange filed by Georgia Pacific accessed via the Securities Exchange Commission, “At June 28, 2003, we employed approximately 61,000 employees, of whom approximately 7,000 were in Europe and approximately 1,600 were in Canada and Mexico.

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Approximately 24,600 of our employees work for our tissue and disposable tabletop products business, 9,400 work for our packaging business, 4,400 work for our bleached pulp and paper business, 21,000 work in building products and 1,600 are responsible for corporate administration. Our future performance depends, in significant part, upon our ability to attract new personnel and retain existing personnel in key areas, including marketing, engineering, technical support and sales. Competition for personnel is intense, and we cannot be sure that we will be successful in attracting or retaining personnel in the future.” [Securities Exchange Commission, 8/29/13]

2013: Georgia-Pacific Had 35,000 Employees Georgia-Pacific Said It Had “Nearly 35,000” Employees In December 2013. According to Georgia-Pacific’s website, “Georgia-Pacific is one of the world's leading manufacturers of tissue, pulp, paper, packaging, building products and related chemicals. We believe in creating long-term value for our company, customers and business partners. Our nearly 35,000 employees are guided by Market Based Management® principles, which are based on integrity and compliance. These principles challenge us to achieve world-class excellence by constantly finding new and better ways to manufacture products and support the needs of our customers.” [Archive.org, captured 12/27/13] Today: Georgia-Pacific Had 30,000 Employees Georgia Pacific LinkedIn: Georgia Pacific Has “More Than 30,000 Employees.” According to Georgia-Pacific: “At Georgia-Pacific, our more than 30,000 employees are guided by Market Based Management® principles, which are based on integrity and compliance. These principles challenge us to achieve world-class excellence by constantly finding new and better ways to manufacture products and support the needs of our customers.” [LinkedIn, Accessed 7/14/14]

Georgia-Pacific International Expansion And Sale of Assets

GP’S GLOBAL PRESENCE As Of 2011, Georgia-Pacific Had Operations In Argentina, Brazil, And Chile And Joint Ventures In China, India And South Africa. According to a Georgia-Pacific press release that was obtained via PR Newswire, “Georgia-Pacific Chemicals LLC, a wholly-owned subsidiary of Georgia-Pacific LLC, is a global performance chemical manufacturer and marketer recognized as a leader in chemicals for oilfield, building products, paper, mining and specialty applications as well as pine chemical derivatives. It has operations in the United States, Argentina, Brazil and Chile, with joint ventures in China, India and South Africa.” [Georgia-Pacific press release, 5/19/11] As Of 2010, GP Cellulose Had Offices In Switzerland, Uruguay, Hong Kong And China. According to a Georgia-Pacific press release that was obtained via PR Newswire, “GP Cellulose is a non-integrated supplier of market and fluff pulp to global markets, with state-of-the-art pulp mills in Brunswick, Ga., and New Augusta (Leaf River), Miss. Business offices are located in Atlanta; Zug, Switzerland; Montevideo, Uruguay; Hong Kong and Shanghai, China. GP Cellulose's Brunswick and Leaf River mills produce an array of pulp grades, which are delivered to every region of the world for a wide variety of end uses and converting technologies.” [Georgia-Pacific press release, 7/30/10]

EUROPE

On May 19, 2012 SCA Announced Its Acquisition Of Georgia Pacific’s European Tissue Business According to SCA.com, “SCA’s acquisition of Georgia-Pacific’s European tissue business has been completed. The purchase price amounts to EUR 1.32 bn on a debt-free basis. The acquired operations had sales in 2011 amounting to EUR 1.25 bn.” [SCA.com, 7/19/12] SCA Had About 5,000 Employees And 15 Production Sites In Seven Countries. According to Bloomberg, “The European tissue business has about 5,000 employees and 15 production sites in seven countries. Koch Industries acquired

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Atlanta-based Georgia-Pacific in 2005. Consumer tissue accounts for about 60 percent of the purchased operations’ sales, and the bulk of those products are branded as opposed to private-label items, SCA said.” [Bloomberg, 11/10/11] Bloomberg: SCA Announced Its Plans Cut 2,000 Jobs To Improve Profitability. According to Bloomberg, “The purchase comes after SCA on Oct. 25 said it plans to cut 2,000 jobs to improve profitability at its hygiene and packaging units, reflecting a strategy to focus more on consumer products. The acquisition would bring SCA’s European market share to 35 percent in consumer tissue, and 30 percent in tissue sold to hotels and restaurants.” [Bloomberg, 11/10/11] GP Harmon GP Harmon Recycling Was A Subsidiary Of Georgia-Pacific. According to the GP Harmon Recycling website, “GP Harmon Recycling provides solutions. Like our parent company, Georgia-Pacific, we were immersed in sustainability long before it had a name. For more than 40 years, GP Harmon has been at the forefront of the recycling industry, significantly reducing the amount of materials sent to landfills so they can become new products that we use every day.” [GP Harmon Recycling, http://www.gpharmon.com/]

2009: Harmon Associates Changes Name to GP Harmon Recycling. “According to Cleaning & Maintenance Management Online: Harmon Associates, the sole provider of recovered fiber to Georgia-Pacific Corporation''s paper and paperboard mills that was acquired by the company in 2000, recently changed its name to GP Harmon Recycling, according to Recycling Today.” [Cleaning & Maintenance Management Online, 8/5/2009]

Harmon Associates Purchased Fiber For Georgia-Pacific’s Western European Mills From Its Office In Seven Oaks, U.K. According to Recycling Today, “In 2002, Harmon formed a joint venture with ICM in Mexico to increase its presence in the Mexican market. The next year, Harmon assumed responsibility for purchasing fiber for GP mills in Western Europe, a responsibility that is now largely carried out by Harmon’s office in Seven Oaks, U.K.” [Recycling Today, 10/1/05]

CANADA 2010: Georgia-Pacific Acquired Oriented Strand Board Plants In Englehart, Ontario And Earlton, Ontario From Grant Forest Products As Part Of A $400 Million Acquisition. According to a Georgia-Pacific press release obtained via PR Newswire, “Georgia-Pacific announced today that it has signed an agreement to acquire Grant Forest Products' oriented strand board (OSB) facility at Englehart, Ontario and the associated facility at Earlton, Ontario, as well as its OSB facilities at Allendale and Clarendon, S.C., for approximately $400 million.” [Georgia-Pacific press release, 1/11/10] Georgia-Pacific Acquired An Oriented Strand Board Plant In Englehart, Ontario From Grant Forest Products In 2010. According to the Atlanta Business Chronicle, “Georgia-Pacific has closed its $400 million deal to buy several oriented strand board (OSB) facilities from Grant Forest Products. The deal includes an OSB facility in Englehart, Ontario and an associated facility in Earlton, Ontario, plus facilities in Allendale and Clarendon, S.C. ‘This acquisition represents a long-term, strategic investment by Georgia-Pacific, which will add value to our customers and our existing operations in Canada and the United States,’ said Mark Luetters, president of Georgia-Pacific Wood Products, in a statement.” [Atlanta Business Chronicle, 5/26/10] Grant Forest Products Employed More Than 300 Employees At The Ontario Plants. According to a Georgia-Pacific press release obtained via PR Newswire, “Georgia-Pacific intends to operate the OSB manufacturing facilities that employ more than 300 people in Ontario and at Allendale, S.C. At the Clarendon plant, Georgia-Pacific plans to complete the unfinished construction and begin operations as soon as market conditions allow, which will entail employing more than 100 people in Clarendon County. In addition, Georgia-Pacific plans to make capital investments worth several million dollars to improve facilities and deliver enhanced reliability and efficiencies.” [Georgia-Pacific press release, 1/11/10] As Of 2005, Georgia-Pacific Operated Nine Plants In Canada, Which Produced Over One Billion Square Feet, 150,300 Tons And 5,320,000 Cases Of Material. As of January 1, 2005, Georgia-Pacific operated nine plants in Canada. Three of plants produced gypsum board, while another three produced tableware. The plants produced over one billion square feet, 150,300 tons, and 5,320,000 cases of material. The plants are detailed in the following table: Location Type Of Plant Capacity Square Feet Capacity Tons Capacity Cases

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Location Type Of Plant Capacity Square Feet Capacity Tons Capacity Cases

Sault Sainte Marie, Ontario Medium-Density Fiberboard Plant 160,000,000 N/A N/A

Caledonia, Ontario Gypsum Board Plant 475,000,000 N/A N/A

Edmonton, Alberta Gypsum Board Plant 250,000,000 N/A N/A

Surrey, British Columbia Gypsum Board Plant 220,000,000 N/A N/A

Longueiul, Quebec Gypsum Joint System Plants N/A 20,000 N/A

Thorold, Ontario Gypsum Paperboard Plants N/A 130,300 N/A

Bentworth, Ontario Tableware Plants N/A N/A 2,500,000

Brampton, Ontario Tableware Plants N/A N/A 2,120,000

Edmonton, Alberta Tableware Plants N/A N/A 700,000

Total 1,105,000,000 150,300 5,320,000

[Georgia-Pacific, Building Products Plants and Mills, 1/1/05]

CHINA GP Cellulose Operated A Commercial Office In Hong Kong And Shanghai. According to a Georgia-Pacific press release obtained via PR Newswire, “GP Cellulose is a non-integrated supplier of market and fluff pulp to global markets, with state-of-the-art pulp mills in Brunswick, Ga., and New Augusta, Miss. Commercial offices are located in Atlanta; Hong Kong; Montevideo, Uruguay; Shanghai, China; and Zug, Switzerland. GP Cellulose's Brunswick and Leaf River mills produce an array of pulp grades, which are delivered to every region of the world for a wide variety of end uses and converting technologies.” [Georgia-Pacific press release, 6/2/10] Kolon GP Chemical Joint Venture Georgia-Pacific Bought A 33% Stake In A Chinese Phenolic Resin Plant In Suzhou, China Owned By Korean-Based Kolon Chemical. According to Chemical Week, “Georgia-Pacific says it has agreed to buy a 33% stake in a phenolic resin plant in Suzhou, China owned by Kolon Chemical (Kolon, South Korea) for $3 million.” [Chemical Week, 11/30/05]

The Deal Created A New Joint Venture Called Kolon GP Chemical. According to Chemical Week, “The deal will create a new joint venture, Kolon GP Chemical (Suzhou), Georgia-Pacific says. Kolon started up the phenolic resins plant in Suzhou in November 2004; it serves the automotive, electronics, insulation, laminate, and tire industries.” [Chemical Week, 11/30/05]

The Agreement Coincided With Koch Industries’ Acquisition Of Georgia-Pacific. According to Chemical Week, “Georgia-Pacific and Kolon have an existing alliance under which the companies market each other’s products in their respective markets, share manufacturing technologies, and jointly develop new specialty resins (CW, Dec. 17, 2003, p. 32). Koch Industries recently agreed to acquire Georgia-Pacific (CW, Nov. 23, p. 7).” [Chemical Week, 11/30/05]

The Deal Between The Two Companies Was Completed In January 2006. According to CIPA, “The ceremony on the formation of the Joint Venture in SIP between Kolon Chemical Co., Ltd. (Korea) and Georgia-Pacific Resins, Inc.(U.S.A.) on JAN. 18, 2005.Kolon GP Chemical (Suzhou) Co., Ltd. held a celebration of the formation of the Joint Venture in China between Kolon Chemical Co., Ltd.(Korea) and Georgia-Pacific Resins, Inc.(U.S.A.) on January 18, 2006 at their Suzhou Plant.Mr. Joon-Soo, Han (President of Kolon Chemical Co., Ltd.), Mr. Richard Urschel (President of Georgia-Pacific Resins, Inc.) and other staff members of the two companies attended the ceremony announcing the strategic alliance in China to their customers and government officials. Kolon Chemical (Suzhou) was established by Kolon Chemical in March 2005 as a first step towards becoming a global company with a presence in China.” [CIPA, 1/18/06]

In 2003, Georgia Pacific And Kolon Agreed To Market Each Other’s Products; Kolon Would Market GP’s Products In South Korea. According to Chemical Week, “Georgia Pacific says it has formed a specialty resin alliance with Kolon Chemical (Kolon, South Korea) under which the companies will market each other's products in their respective markets, share manufacturing technologies, and jointly develop new specialty resins. Kolon will market Georgia Pacific's low-emissions wood adhesives in South Korea, and Georgia Pacific will market Kolon's phenolic resins, and hydrocarbon resins for certain coating and flooring applications in North and South America, Georgia Pacific says. The

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companies say they also plan to jointly market their products in China and Japan. The resins involved in the alliance are used to make fiber-reinforced plastics.” [Chemical Week, 12/17/03]

As Of 2014, Georgia-Pacific Chemicals Operated The Suzhou Plant With Kolon Chemicals. According to the Georgia-Pacific Chemicals website, the company operated the Kolon Chemicals (Suzhou) Company Ltd with Suzhou, China. [Georgia-Pacific Chemicals, “About Us,” http://www.gp-chemicals.com/Locations-Global]

GP Harmon – China GP Harmon Recycling Was A Subsidiary Of Georgia-Pacific. According to the GP Harmon Recycling website, “GP Harmon Recycling provides solutions. Like our parent company, Georgia-Pacific, we were immersed in sustainability long before it had a name. For more than 40 years, GP Harmon has been at the forefront of the recycling industry, significantly reducing the amount of materials sent to landfills so they can become new products that we use every day.” [GP Harmon Recycling, http://www.gpharmon.com/]

2009: Harmon Associates Changes Name to GP Harmon Recycling. “According to Cleaning & Maintenance Management Online: Harmon Associates, the sole provider of recovered fiber to Georgia-Pacific Corporation''s paper and paperboard mills that was acquired by the company in 2000, recently changed its name to GP Harmon Recycling, according to Recycling Today.” [Cleaning & Maintenance Management Online, 8/5/2009]

Harmon Associates Formed A Partnership With Paccess To Provide Fiber Trading And Management Operations In China. According to Recycling Today, “And just last year, Harmon Associates announced the formation of a partnership with China-based Paccess to provide fiber trading and management operations in China. Paccess, a paper and packaging industry firm in existence for more than 20 years in China, manages and distributes secondary fiber under the Water Lily brand name.” [Recycling Today, 10/1/05]

As Of 2005, Harmon Associates Operated Four Trading Offices In China. According to Recycling Today, “According to Forman, this partnership now operates four trading offices in China.” [Recycling Today, 10/1/05]

GP Harmon Created Georgia-Pacific Trading In 2013 To Establish A Physical Presence In China. According to the

GP Harmon website, “In 2013, Georgia-Pacific Trading (Shanghai) Co. Ltd. was established to expand GP Harmon’s ability to

serve the Chinese marketplace, the world’s largest market for recovered fiber exports. Having supplied this market for many

years, GP Harmon’s expertise in the marketplace is now enhanced by a physical presence in China.” [GP Harmon, “GP

Harmon in China,” http://www.gpharmon.com/gp-harmon-in-china]

HONG KONG GP Cellulose Operated A Commercial Office In Hong Kong. According to a Georgia-Pacific press release obtained via PR Newswire, “GP Cellulose is a non-integrated supplier of market and fluff pulp to global markets, with state-of-the-art pulp mills in Brunswick, Ga., and New Augusta, Miss. Commercial offices are located in Atlanta; Hong Kong; Montevideo, Uruguay; Shanghai, China; and Zug, Switzerland. GP Cellulose's Brunswick and Leaf River mills produce an array of pulp grades, which are delivered to every region of the world for a wide variety of end uses and converting technologies.” [Georgia-Pacific press release, 6/2/10]

INDIA GP Harmon Harmon Associates Created Harmon Associates India Private Ltd In Mumbai To Assist Its Recycled Paper Customers In India. According to a Harmon Associates press release, “Harmon Associates LLC, a subsidiary of Georgia-Pacific LLC, and Remizzo Inc. proudly announce the formation of Harmon Associates India Private Ltd. The new entity was created to provide logistics services for Harmon Associates recycled paper customers throughout India.” [Harmon Associates press release, 11/28/07]

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Harmon’s Mumbai Was Expected To Inspect Incoming Containers And Oversee Transportation. The Mumbai office of Harmon Associates India Private Ltd will open December 1. Harmon Associates India will have dedicated employees to inspect incoming containers at the port, verify the quality of material and assist customers with customs clearance and transshipment from port to customer factory.” [Harmon Associates press release, 11/28/07]

Theramax In 2007, Georgia Pacific Chemicals, LLC Signed A Seven-Year Licensing Technology And Manufacturing License Agreement With Thermax Ltd For Performance-Enhancing Chemicals Used In The Paper Industries. According to the Press Trust of India, “Mumbai, Oct 3 (PTI) Thermax Ltd, a global solution provider in energy and environment engineering, today said it has entered into a technology and manufacturing license agreement with US-based Georgia-Pacific Chemicals LLC. The company has signed a technology and manufacturing license agreement for performance enhancing chemicals which find extensive applications in the paper industry, Thermax said in a communique to the Bombay Stock Exchange. ‘Georgia- Pacific's technology will give us some real credibility in offering long-term solutions to paper manufacturers,’ Thermax Ltd Managing Director M S Unnikrishrian said.” [The Press Trust of India, 10/3/07] Thermax Said The Agreement Would Allow It To Expand Its Business In The Paper Industry In India And Southeast Asia. According to The Press Trust of India, “Products based on the licensed technology will enable the company to expand its business in the paper industry in India and South East Asia as per the agreement, Thermax said.” [The Press Trust of India, 10/3/07] Kemrock Joint Venture: “An Outsourcing Hub” In 2006 Kemrock Formed A Joint Venture With Georgia-Pacific Resins. According to Chemical News & Intelligence, “According to Last year, Kemrock sold a 14.9% equity stake to RPM International, aChemical News & Intelligence, ‘ specialty coatings and sealants major from the US. It also formed a joint venture with another US company, Georgia-Pacific Resins.” [Chemical News & Intelligence, 4/19/07]

On July 28,2006, Georgia-Pacific Resins, Inc. Announced A Mutual Investment Between Itself And Kemrock Industries And Exports Limited Of Gujarat, India. According to a press release by Georgia Pacific, “Atlanta, GA. July 28, 2006 -- Georgia-Pacific Resins, Inc. (GPRI), a subsidiary of U.S.-based Georgia-Pacific Corp., today announced a mutual investment between itself and Kemrock Industries and Exports Limited of Gujarat, India.” [Georgia-Pacific Press Release, 7/28/06]

The Joint Venture Was Called Georgia Pacific Kemrock International And Produced Phenolic And Unsaturated Polyester Reins At Baroda In Gujarat State. According to Chemical News & Intelligence, “The joint venture named Georgia-Pacific Kemrock International produces phenolic and unsaturated polyester resins at Baroda in Gujarat State.” [Chemical News & Intelligence, 4/19/07]

Georgia Pacific Resins Inc Vice President Peter: Williams: “We Are In Pursuit Of Global Expansion And This Is The First Step Towards India.” According to the Business Standard, ‘We are in pursuit of global expansion and this is the first step towards India. We need to find a partner to know the Indian market and explore it to understand the market better.’ said Williams.” [Business Standard, 8/7/06] Business Standard: Kalpesh Patel, Chairman And Managing Director, Kemrock Industries Emphasized That Kemrock Industries Wanted To Be An “Outsourcing Hub.” According to the Business Standard, “Kalpesh Patel, chairman and managing director, Kemrock Industries, said, ‘The new joint venture is of Rs 40 crore and we are also working out future expansion plans. We are bringing various technologies from global leaders so that we can produce any kind of composite for our clients.’ He emphasised that the company wants to be a outsourcing hub and all kinds of composite resins would be available under one roof.” [Business Standard, 8/7/06]

The Joint Venture Included Presences In The Markets Of India, Bangladesh, Sri Lanka, Middle East And Myanmar. According to the Hindustan Times, “This arrangement would enable the company to expand the product base and

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also enhance its penetration and presence in markets of India, Bangladesh, Sri Lanka, Middle East, Myanmar, etc. Georgia-Pacific Resins, Inc., are an established name in the field of speciality chemicals, resins, fertilizers, etc.” [Hindustan Times, 4/12/02] The Joint Venture Would Offer Thermosetting Resins To Industrial Markets In India, Bangladesh, SriLanka, Bahrain, Saudi Arabia, Kuwait And The UAE. According to Coatings World, “Georgia-Pacific Resins Inc. has formed a joint venture with the Gujarat-based Kemrock Industries and Exports Ltd. to offer thermosetting resins to a variety of industrial markets in India, Bangladesh, SriLanka, Bahrain, Saudi Arabia, Kuwait and the UAE.” [Coatings World, 12/1/06]

On December 1, 2006 Georgia-Pacific Resins Inc. Announced That It Formed A Joint Venture With The Gujarat-Based Kemrock Industries And Exports Ltd. According to Coatings World, “Georgia-Pacific Resins Inc. has formed a joint venture with the Gujarat-based Kemrock Industries and Exports Ltd. to offer thermosetting resins to a variety of industrial markets in India, Bangladesh, SriLanka, Bahrain, Saudi Arabia, Kuwait and the UAE.” [Coatings World, 12/1/06] Locations

LATIN AMERICA As Of 2014, Georgia-Pacific Chemicals Had Seven Offices In Latin America. According to the Georgia-Pacific Chemicals website, the company had seven offices in Latin America as of 2014. Two of the offices were located in Argentina, while the other five were located in Mexico, Brazil, Chile, Uruguay and Colombia. [Georgia-Pacific Chemicals, “About Us – International Locations,” http://www.gp-chemicals.com/Locations-Global] As Of 2008, Georgia-Pacific Chemicals Owned A Plant In Brazil, Chile And Argentina. According to a Georgia-Pacific Chemical press release obtained via PR Newswire, “Georgia-Pacific Chemicals LLC, a subsidiary of Georgia-Pacific, is a global performance chemical manufacturer recognized as a leader in its key markets of building products, papermaking, and industrial and specialty applications. It operates 13 chemical plants in the United States, as well as a plant in Brazil, Chile and Argentina, and has a manufacturing presence in South Africa and China.” [Georgia-Pacific Chemical press release, 4/29/08] Mexico Kimberly-Clark Acquired Georgia-Pacific’s Toluca, Mexico Plant For $70 Million In 2011. According to RISI, “Kimberly-Clark de Mexico (KCM) has announced it will complete its acquisition of Georgia Pacific's (G-P) assets by February. The $70 million negotiation comprises a tissue paper converting facility located in Toluca, Mexico state. The agreement has been approved by both companies and all necessary government authorities.” [RISI, 1/26/11] Brazil

As Of 2005, Georgia-Pacific Operated Three Plants In Brazil With A Total Capacity Of 282,500,000 Pounds. As of January 1, 2005, Georgia-Pacific operated three plants in Brazil. Two plants produced thermosetting resin, while the other produced formaldehyde. The three plants had a total capacity of 282,500,000 pounds. The plants are detailed in the following table: Location Type Of Plant Capacity Pounds Jundiai, Sao Paolo, Brazil Formaldehyde 120,000,000 Belem, Para, Brazil Thermosetting Resin 32,800,000 Jundiai, Sao Paolo, Brazil Thermosetting Resin 129,700,000 Total 282,500,000

[Georgia-Pacific, Building Products Plants and Mills, 1/1/05]

Georgia-Pacific Acquired Two Thermoset Resin Plants In Jundiai And Belem, Brazil. According to Chemical Week, “Georgia-Pacific (Atlanta) says it has acquired thermoset resin plants at Jundiai and Belem. Brazil from Atofina Chemical. The companies did not disclose terms of the deal and capacity details. Georgia-Pacific has capacity for 3.9 billion lbs/year of

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thermoset resins, including a total of 430 million lbs/year at Concordia, Argentina and Conception, Chile.” [Chemical Week, 11/5/03] Georgia-Pacific Resins, Inc. Operated A Distribution Office In Sao Paulo, Brazil. According to Georgia-Pacific Resins, Inc., the company operated a distribution office in Sao Paulo, Brazil. [Georgia-Pacific Resins, Inc., October 2002] Sold Jundai Assets in 2010 SI Group-Crios Resinas Acquired The Jundiai Plant From Georgia-Pacific In 2010. According to the Albany Times-Union, “SI Group-Crios Resinas SA, an affiliate of Niskayuna-based SI Group, said Friday it has completed the purchase of Resinas Industria e Comercio Ltda in Jundai, Brazil, from Georgia-Pacific Chemicals LLC of Atlanta. Terms weren't disclosed.” [Albany Times-Union, 2/20/10] GP Harmon GP Harmon Recycling Was A Subsidiary Of Georgia-Pacific. According to the GP Harmon Recycling website, “GP Harmon Recycling provides solutions. Like our parent company, Georgia-Pacific, we were immersed in sustainability long before it had a name. For more than 40 years, GP Harmon has been at the forefront of the recycling industry, significantly reducing the amount of materials sent to landfills so they can become new products that we use every day.” [GP Harmon Recycling, http://www.gpharmon.com/]

2009: Harmon Associates Changes Name to GP Harmon Recycling. “According to Cleaning & Maintenance Management Online: Harmon Associates, the sole provider of recovered fiber to Georgia-Pacific Corporation''s paper and paperboard mills that was acquired by the company in 2000, recently changed its name to GP Harmon Recycling, according to Recycling Today.” [Cleaning & Maintenance Management Online, 8/5/2009]

2002: Harmon Associates Formed Joint Venture with ICM In Mexico. According to Recycling Today, “In 2002, Harmon formed a joint venture with ICM in Mexico to increase its presence in the Mexican market. The next year, Harmon assumed responsibility for purchasing fiber for GP mills in Western Europe, a responsibility that is now largely carried out by Harmon’s office in Seven Oaks, U.K.” [Recycling Today, 10/1/05]

AFRICA

As Of 2005, Georgia-Pacific Operated Two Plants In Umbogintwini, South Africa With A Total Capacity Of 313,000,000. As of January 1, 2005, Georgia-Pacific operated two plants in Umbogintwini, South Africa. One plant produced formaldehyde and the other produced thermosetting resin. The two plants had a total capacity of 313,000,000. The plants are detailed in the following table:

Location Type Of Plant Capacity Pounds

Umbogintwini, Natal Formaldehyde 145,000,000

Umbogintwini, Natal Thermosetting Resin 168,000,000

Total 313,000,000

[Georgia-Pacific, Building Products Plants and Mills, 1/1/05] In 1997, Georgia-Pacific Obtained A 50% Stake In Reskinem Proprietary Ltd., A Chemical Manufacturer In Johannesburg, South Africa. According to the Atlanta Journal and Constitution, “For an undisclosed price, Georgia-Pacific Resins, the company's chemical division, will acquire a 50 percent stake in Resinkem Proprietary Ltd. from AECI Ltd., a chemical manufacturer based in Johannesburg. The deal is expected to close in the first quarter. Georgia-Pacific's new partner manufactures formaldehyde and urea formaldehyde adhesives at a site near Durban. The company has 70 employees and annual sales of $ 20 million.” [Atlanta Journal and Constitution, 12/23/97]

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INVISTA

Acquisition From Dupont In 2003

NOVEMBER, 2003: DUPONT AGREES TO SELL INVISTA TEXTILES TO KOCH INDUSTRIES: In November 2003 DuPont Agreed To Sell Invista Textiles Unit To Koch Subsidiaries; The Deal Was Expected To Close In The First Half Of 2004. According to Wichita Eagle, “DuPont agreed in November to sell its Invista textiles unit, which makes nylon and spandex, to a pair of Koch subsidiaries, KED Fiber Ltd. and KED Fiber LLC, for $4.4 billion in cash. Tuesday’s announcement of the move is pending completion of that deal, which is expected to close in the first half of this year.” [Wichita Eagle, 6/9/04] Koch Paid $4.4 Billion to Complete Purchase of Invista In April 2004. According to the Staunton Daily News Leader, “The Waynesboro plant was a DuPont facility until earlier this year. DuPont created a subsidiary, called Invista, last year for much of its textiles products. Invista was sold to Koch Industries in April for $4.4 billion.” [Staunton Daily News Leader, 11/7/04] Invista, Formerly Dupont, Was The Largest Integrated Fiber And Intermediates Business In The World. According to Wichita Eagle, “Invista, formerly known as DuPont Textiles and Interiors, is the largest integrated fiber and intermediates business in the world, with 18,000 employees. Some of its better-known global brands and trademarks include Lycra, Cordura and Stainmaster.” [Wichita Eagle, 6/9/04] Witchita Eagle: Dupont’s Sale Of Invsita Was A Part Of A Company Wide Restructuring. According to Wichita Eagle, “DuPont’s sale of Invista is part of a companywide restructuring undertaken amid years of decline in the U.S. textile and apparel industries, mostly because of weakened demand and foreign competition. “[Wichita Eagle, 6/9/04]

KOCH INDUSTRIES MERGED INVISTA WITH ITS KOSA SUBSIDIARY, A POLYESTER SUBSIDIARY ACQUIRED FROM HOESCHST IN 1998 Koch Industries Acquired Invista From DuPont And Merged It With KoSa. According to the Invista website, “INVISTA is an independently managed, wholly owned subsidiary of Koch Industries, Inc. In 2004, subsidiaries of Koch Industries acquired INVISTA from E. I. du Pont de Nemours and Company. INVISTA, formerly DuPont Textiles and Interiors, was combined with KoSa, a producer of commodity and specialty polyester fibers, polymers and intermediates. KoSa had been a Koch affiliate since 1998.” [Invista, “INVISTA's Shareholder - Koch Industries, Inc.,” Accessed 6/3/14]

Combining KoSa And Invista Would Grow Invista to 24,500 Employees. According to Chemical and Engineering News, “Talks under way since mid-April ended last week when Koch Industries agreed to buy DuPont's Invista textile fibers business for $4.4 billion. The two expect to sew up the deal by early next year. Pending regulatory approvals, the deal will combine Koch's KoSa polyester business--acquired from Hoechst in 1998--with DuPont's nylon, spandex, and intermediates businesses to create a fibers powerhouse with about $9 billion in annual sales and 24,500 employees.” [Chemical and Engineering News, 11/24/03]

In 1998, KoSa Was Created As A Joint Venture Between Koch Industries And Grupo Xtra, A Mexican Company. According to the Globe and Mail, “The Montreal-based company has retained Schroder & Co. to help consider the alternatives and for general financial advice. Celanese said Kosa Ltd. has recently indicated an interest in the polyester business. Kosa is a joint venture between Koch Industries Inc. of Wichita, Kan., and Grupo Xtra, the Isaac Saba family business, of Mexico City.” [Globe and Mail, 7/28/98] KoSa And Grupo Xtra Acquired The Polyester Business Trevira. According to the Charlotte Observer, “A Mexican billionaire and a Kansas chemical firm long rumored to be buying Hoechst's polyester business announced a deal early Wednesday and said most of the 4,300 Carolinas jobs should be safe. Grupo Xtra, owned by Mexican industrialist Isaac Saba

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and his sons, teamed with Koch Industries' new subsidiary, KOSA, to buy Hoechst's polyester business, Trevira.” [Charlotte Observer, 4/23/98]

Charlotte Observer: The Deal “Creates A Global Super-Player In Polyester Used For Making Clothes, Carpets And Other Items.” According to the Charlotte Observer, “Grupo Xtra, owned by Mexican industrialist Isaac Saba and his sons, teamed with Koch Industries' new subsidiary, KOSA, to buy Hoechst's polyester business, Trevira. Terms weren't released for the deal, which creates a global super-player in polyester used for making clothes, carpets and other items. Analysts have valued it at near $2.7 billion.” [Charlotte Observer, 4/23/98]

In 2001, Koch Industries Bought Out Grupo Xtra’s Share. According to the Daily Deal, “Koch has benefited, too. Making the deal enabled Koch to drastically expand its fiber business, which the company only really entered in the late 1990s. It was then that it formed a joint venture with Mexican partner Grupo Xtra SA de CV to create KoSa BV. Koch bought out its partner in 2001 and combined KoSa with Invista after that deal was completed.” [Daily Deal, 10/10/05]

2004: INVISTA AND KOSA EMPLOYED 24,500 AT TIME OF MERGER – KOCH PROMISED TO RETAIN ALL EMPLOYEES AND FACILITIES Inivsta Employed 18,000 At Time Of Koch Aquisiton And Merger With KoSa At The Time Of The Acquisition, Invista Had About 18,000 Employees. According to the Philadelphia Inquirer, “Wilmington-based Invista, which is being sold to Koch Industries Inc. for $4.2 billion, employs about 18,000. At the end of 2000, DuPont employed 93,000, including 5,000 with DuPont Pharmaceuticals, which was sold in 2001.” [Philadelphia Inquirer, 4/13/04] Invista’s 18,000 Employees Worked At Sites That Were Included In The Sale; Top Koch Official Mary Beth Jarvis Did Not Know How Many Would Stay With The New Invista. According to the Wichita Eagle, “However, not all of Invista’s 18,000 employees work at the sites included in the sale and Jarvis did not know how many would actually stay with the new Invista. In addition, Koch plans to combine into the revamped Invista 5,000 workers from its own KoSa subsidiary, she said.” [Wichita Eagle, 6/9/04] Merger Of Invista And KoSa Would Grow The Company To 24,500 Employees In November 2003 Invista Had 18,000 Employees. According to a 2003 SEC filing from DuPont, “INVISTA, currently a business unit of DuPont, is the largest integrated fiber and intermediates business in the world, with 2002 revenues of $6.3 billion. It has 18,000 employees and interests in 50 global manufacturing sites. Headquartered in Wilmington, Del., it operates in 50 countries and is comprised of three businesses: Apparel; Interiors and Industrial; and Intermediates.” [SEC.gov, 11/17/03]

Combining KoSa And Invista Would Grow Invista to 24,500 Employees. According to Chemical and Engineering News, “Talks under way since mid-April ended last week when Koch Industries agreed to buy DuPont's Invista textile fibers business for $4.4 billion. The two expect to sew up the deal by early next year. Pending regulatory approvals, the deal will combine Koch's KoSa polyester business--acquired from Hoechst in 1998--with DuPont's nylon, spandex, and intermediates businesses to create a fibers powerhouse with about $9 billion in annual sales and 24,500 employees.” [Chemical and Engineering News, 11/24/03]

Koch Industries Promised To Retain Employees And Facilities At Time Of Acquisition Koch Industries Said It Expected That All Of Invista’s 18,000 Employees Would Be Offered Jobs After Koch Acquired The Company. According to The News Journal, “The Invista sale, expected to close in the first half of next year, will reduce DuPont's payroll to about 60,000 worldwide and 8,800 in Delaware. Invista's buyer, Wichita, Kan.-based Koch Industries Inc., has said it expects nearly all of Invista's 18,000 employees to be offered jobs.” [The News Journal, 12/2/03]

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Koch Spokeswoman Mary Beth Jarvis Said That Koch Planned to Keep Open Invista’s Overseas Facilities Located In Argentina, Brazil, Canada, Germany, The Netherlands, Singapore And The United Kingdom. According to Wichita Eagle, “Under the terms of the purchase, all current Invista employees will receive offers of employment, said Koch spokeswoman Mary Beth Jarvis. However, not all of Invista's 18,000 employees work at the sites included in the sale and Jarvis did not know how many would actually stay with the new Invista. In addition, Koch plans to combine into the revamped Invista 5,000 workers from its own KoSa subsidiary, she said.[…] Koch plans to keep open existing Invista plants located in Georgia, Delaware, North Carolina, Tennessee, Texas and Virginia, she said, as well as the company’s overseas facilities in Argentina, Brazil, Canada, Germany, the Netherlands, Singapore and the United Kingdom.” [Wichita Eagle, 6/9/04] Jarvis Said That Koch Planned To Keep Open Existing Invista Plants Located In Georgia, Delaware, North Carolina, Tennessee, Texas And Virginia. According to Wichita Eagle, “Koch plans to keep open existing Invista plants located in Georgia, Delaware, North Carolina, Tennessee, Texas and Virginia, she [Mary Beth Jarvis] said, as well as the company’s overseas facilities in Argentina, Brazil, Canada, Germany, the Netherlands, Singapore and the United Kingdom.” [Wichita Eagle, 6/9/04] Invista Planned To Place Business Centers In Wilmington, Del., For The Apparel, Performance Fibers, And Research And Development Business Units. According to Wichita Eagle, “Koch plans to locate Invista’s corporate management at a so-called business center in Wichita, along with the leadership of the polymers and resins, and intermediates businesses. The company will also place business centers in Wilmington, Del., for the apparel, performance fibers, and research and development business units; in Charlotte, N.C., for the textile fibers unit; and in Atlanta for the interiors unit.” [Wichita Eagle, 6/9/04]

2013: INVISTA, AS MERGED WITH KOSA, HAD “ABOUT 10,000” EMPLOYEES As Of October 2013, Invista Had About 10,000 Employees. According to Plastic News, “Invista has approximately 10,000 employees in more than 20 countries. It is a subsidiary of Koch Industries Inc.” [Plastics News, 10/4/13]

Invista’s Global Expansion

CHINA 2014: Invista CEO – “China Is One Of The Most Important Regions For Our Growth Strategy.,” “We Have Seen Significant Growth In The Region In Recent Years, And We Plan To Continue To Bring Our Latest Innovative Technologies Here.” According to Plastic News, “’China is one of the most important regions for our growth strategy,’ said Jeff Gentry, Invista’s chairman and CEO. ‘We have seen significant growth in the region in recent years, and we plan to continue to bring our latest innovative technologies here.’” [PlasticNews.com, 3/28/14] 2010: Invista President Jeff Gentry: “We Are Working To Capture Profitable Growth Opportunities Everywhere In The World… But Especially In The Asia-Pacific Region Where Economic Growth Continues To Be Promising.” According to Discovery, “‘We are working to capture profitable growth opportunities everywhere in the world,’ said Jeff Gentry, president of INVISTA, ‘but especially in the Asia-Pacific region where economic growth continues to be promising. ‘In China, for example, we will be adding even more spandex capacity later this year.’” [Discovery, July 2010] Koch Industries Newsletter, 2010: Invista “Has Built, Bought Or Expanded Assets Worth Hundreds Of Millions Of Dollars” In China “Since Becoming A Koch Company In 2004.” According to Discovery, “When most people think about INVISTA’s presence in Asia, they immediately think of China. After all, INVISTA has built, bought or expanded assets worth hundreds of millions of dollars there since becoming a Koch company in 2004.” [Discovery, July 2010] In 2007, Invista Became “The First International Company To Commit To The Production Of Air Bag Yarns In China” And Is Now “A World Leader In Production Of Those Fibers.” According to Discovery, “INVISTA’s first acquisition as a Koch company came in 2006, when it acquired Honeywell’s nylon 6 bulk continuous filament business in the

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Asia-Pacific region. A year later, INVISTA became the first international company to commit to the production of air bag yarns in China. The company is now a world leader in production of those fibers.” [Discovery, April 2014] In 2007 University Of Kansas Students “Visited With China-Based Executives Of Kansas Firms Such As Black & Veatch And Invista, Owned By Koch Industries, To Learn About Adapting U.S. Businesses To Chinese Corporate And Social Culture.” According to US States News, “A group of graduate students at the University of Kansas School of Business have discovered first-hand why China is such a dominant player in today's global economy. From May 19 to June 1, the master's of business administration students traveled in China and met with managers and executives at U.S.- and Chinese-owned firms in Beijing and Shanghai. Nineteen students toured textile manufacturing plants and listened in on the latest plans for Beijing's Internet promotion of the 2008 Olympic Games. They visited with China-based executives of Kansas firms such as Black & Veatch and Invista, owned by Koch Industries, to learn about adapting U.S. businesses to Chinese corporate and social culture.” [US States News via LexisNexis, 6/21/07] “One-Fifth Of Invista’s Employees Currently Live And Work” In The Asia-Pacific Region. According to Discovery, “Production from the Shanghai plant is intended for customers in the Asia-Pacific region, where about one-fifth of INVISTA’s employees currently live and work.” [Discovery, January 2013]

INVISTA CEO JEFF GENTRY: INVISTA “MUST BE IN HARMONY WITH CHINA’S 5 YEAR PLANS” The University of Kansas Held A Business Conference Titled “China Emerged — Rethinking Your Global Strategy.” According to the University of Kansas website, “As the inaugural business conference sponsored by the University of Kansas School of Business, "China Emerged — Rethinking Your Global Strategy" brings together industry leaders and business academics to discuss China’s role in the global economy. Conference topics include investments in China, rethinking how we do business in China, and leveraging a company's China-based resources for global operations, among other topics. The event will culminate with a keynote address by Grant Thornton CEO Stephen Chipman.” [University of Kansas, 3/1/13] The CEO of Invista, Jeff Gentry Spoke On The Topic Of “Leveraging the Company’s China-based Resources for Global Operations.” According to the conference program, Jeff Gentry was listed as a panelist for “Leveraging the Company’s China-based Resources for Global Operations, Jeff Gentry, CEO, Invista MIKE McBreen, DSVP, Global Sourcing and Product Development, Payless ShoeSource Stephen Chipman Ryan Ong Tailan Chi” [Business.KU.edu, 2013] Invista CEO Jeff Gentry: To “Accomplish Growth In China” Invista “Must Be In Harmony With China’s 5-Year Plans” According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “How do we accomplish growth in China? Developing and applying our capabilities in those businesses where we can create the most value and build and sustain a competitive advantage. Building a culture based on a consistent framework of shared values and expectations – our Market-Based Management® Guiding Principles. Producing products and services that make people’s lives better; meeting the needs of the expanding middle class. Must be in harmony with China’s 5-year plans.” [Business.KU.edu, accessed 6/10/14]

China’s 12th Five Year Plan Was Released By The Communist Party Of China In 2010, Its Goals Include “Greatly” Strengthening China’s “Comprehensive National Power.” According to Xinhua News Agency, “12th Five-Year Plan should closely connect with the objective of building a moderately prosperous society in an all-round way by 2020, an official document said. The full text of the document, the Communist Party of China (CPC) Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015), was acquired by Xinhua Wednesday. […] The proposal said in the next five years, the country will achieve substantial progress in transforming the economic growth model and greatly strengthen the country's comprehensive national power, international competitiveness and capability in shielding against risks.” [UNPAN.org, 11/1/10]

Invista CEO Jeff Gentry: Challenges To Invista’s Growth In China Include “Foreign Investment Obstacles” And “Rising Labor Costs.” According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “What challenges do we face in China? Intellectual Property Protection. Ever-changing regulatory and environmental hurdles. Foreign investment obstacles. Talent. Rising labor costs.” [Business.KU.edu, accessed 6/10/14]

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Invista CEO Jeff Gentry: In China Invista Has Over 1500 “Local Employees,” Invested Over $1 Billion, Is Developing Another $1 Billion Worth Of Projects And Another $5 Billion Is “Currently Under Investment Using Invista Technology.” According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “Invista Presence in China. “Over 1,500 local employees Total investment of > $1 billion announced/completed in China to date Plus $ 1 billion projects not formally announced but under development Another $5 billion currently under investment using INVISTA technology (licensees).” [Business.KU.edu, accessed 6/10/14] Invista CEO Jeff Gentry: Invista Has Had An Airbag Fiber Plant In Qingpu, Shanghai Since 2008 And Doubled Its Capacity In 2013. According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “Qingpu, Shanghai. Airbag fiber plant operational since 2008 is under expansion. Post expansion capacity to double in 2013.” [Business.KU.edu, accessed 6/10/14] Invista CEO Jeff Gentry: Invista Has Three Other Facilities In Qingpu, Shanghai, A Textile Research Center, A Spandex Plant And A Nylon Plant. According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “Qingpu, Shanghai. Textile Research Center completed in July 2012. Qingpu, Shanghai. Spandex plant. Qingpu, Shanghai. Nylon 6 BCF plant acquired from Honeywell in 2007 which produces nylon 6 BCF for use in carpets.” [Business.KU.edu, accessed 6/10/14] Invista CEO Jeff Gentry: Invista Has Had A Spandex Plant In Foshan, Guangdong Since 2006. According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “Foshan, Guangdong Spandex plant, operational since 2006. Expansion completed to double capacity to 24 ktpa.” [Business.KU.edu, accessed 6/10/14] Invista CEO Jeff Gentry: Invista Has A Plant In SCIP, Shanghai In Phase 1 Of Development. According to Jeff Gentry’s presentation for the conference China Emerged: Rethinking Your Global Strategy, “SCIP, Shanghai HMD (Phase I) announced. Polymer (Phase II) & ADN (Phase III) projects under development.” [Business.KU.edu, accessed 6/10/14]

Shanghai Chemical Industry Park (SCIP) “Is The First Industrial Zone Specialized In The Development Of Petrochemical And Fine Chemistry Businesses.” According to SCIP.com, “Shanghai Chemical Industry Park is the first industrial zone specialized in the development of petrochemical and fine chemistry businesses, and also one of the four industrial production bases in Shanghai. It is built with advanced development conception of World-Class and large-scaled chemical park.” [SCIP.com, accessed 6/10/14]

Foshan 2004 - Lycra In 2004, Invista Announced It Would Invest $100 Million To Double The Capacity Of Its Lyrca Plant In China. According to the Staunton Daily News Leader, “Invista plans to expand its Lycra production in China to meet regional demand for the fiber, the company announced Tuesday. By 2006, output potential of the plant will be 24 kilotons. The company will spend more than $100 million to double the capacity of a plant in Foshan, Guangdong province, the company said in a press release.” [Staunton Daily News Leader, 9/22/04]

As Of 2004, Invista Had Nine Plants In Asia. According to the Staunton Daily News Leader, “The company has nine plants in Asia. It also has research and development facilities in Taiwan, Shanghai and Singapore.” [Staunton Daily News Leader, 9/22/04]

Invista Claimed The Plant Expansion Would Create 100 Local Jobs. According to the Staunton Daily News Leader, “Bill Ghitis, president of Global Apparel for Invista, said in the release that the new facility represents the largest scale capital project initiated in the Guangdong Province and in Foshan, creating more than 100 new jobs for the area.” [Staunton Daily News Leader, 9/22/04]

In 2004, Invista Announced It Would Invest $100 Million To Double The Capacity Of Its Lyrca Plant In China. According to the Staunton Daily News Leader, “Invista plans to expand its Lycra production in China to meet regional demand for the fiber, the company announced Tuesday. By 2006, output potential of the plant will be 24 kilotons. The

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company will spend more than $100 million to double the capacity of a plant in Foshan, Guangdong province, the company said in a press release.” [Staunton Daily News Leader, 9/22/04] As Of 2004, Invista Had Nine Plants In Asia. According to the Staunton Daily News Leader, “The company has nine plants in Asia. It also has research and development facilities in Taiwan, Shanghai and Singapore.” [Staunton Daily News Leader, 9/22/04] Invista Claimed The Plant Expansion Would Create 100 Local Jobs. According to the Staunton Daily News Leader, “Bill Ghitis, president of Global Apparel for Invista, said in the release that the new facility represents the largest scale capital project initiated in the Guangdong Province and in Foshan, creating more than 100 new jobs for the area.” [Staunton Daily News Leader, 9/22/04] 2009- 2011 - Spandex 2009: Invista Asia Pacific Executive Vice President Announced Plans for New Plant at Existing Joint-Venture Spandex Site in Foshan That Was Expexted to Double Existing plant’s Capacity. According to Women’s Wear Daily: “We remain optimistic about the future of the industry,” said Dan Haycook, Asia Pacific executive vice president for apparel with textile manufacturer Invista. “We are constructing a new plant at our existing joint-venture spandex site in Foshan City in Guangdong Province [China] that is expected to roughly double the capacity of the existing plant and help meet the anticipated increase in market demand.” Invista recently participated in the Hong Kong Mode Lingerie show in April, and will be hosting Invista Rendez-Vous, a trade event in conjunction with Intertextile Shanghai Apparel Fabrics, in October.” [Women’s Wear Daily, 5/20/09] In 2011, Invista Expanded Its Spandex Venture Plant In Foshan, China By Roughly 50%--Increasing Production By 12.5 Kilotons And Raising Total Annual Capacity To 24.5 Kilotons. According to a press release from Invista, “INVISTA, the recognized leader in spandex production and a wide range of other apparel fibers, fabric treatment and fabric technologies, expanded its spandex venture plant in Foshan. The plant will add approximately 12.5 kilotons of spandex production, raising total annual capacity to 24.5 kilotons in response to Asia’s growing demand of high-quality spandex products.” [Press Release – Invista, 5/5/11]

The Venture Between INVISTA And Foshan Plastics Group Co., Ltd Was “The Largest Foreign Investment Ever In Guangdong’s Fiber Industry” With A Total Investment Of “More Than US$227 Million.” According to a press release from Invista, “With a total investment of more than US$227 million, the venture between INVISTA and Foshan Plastics Group Co., Ltd remains the largest foreign investment ever in Guangdong’s fiber industry. The plant now operates four production lines producing spandex fibers for multiple textile processing applications.” [Press Release – Invista, 5/5/11]

Invista Announced It Was Doubling Capacity At Its Foshan, China Plant. According to an Invista press release that was obtained via Business Wire, “INVISTA, the recognized leader in spandex production and a wide range of other apparel fibers, fabric treatment and fabric technologies, expanded its spandex venture plant in Foshan. The plant will add approximately 12.5 kilotons of spandex production, raising total annual capacity to 24.5 kilotons in response to Asia's growing demand of high-quality spandex products.” [Invista press release, 5/5/11] 2011: Invista And Foshan Plastics Group Co. Invested $227 Million In The Foshan Plant, The Largest Foreign Investment In Guangdong’s Fiber Industry. According to an Invista press release that was obtained via Business Wire, “With a total investment of more than US$227 million, the venture between INVISTA and Foshan Plastics Group Co., Ltd remains the largest foreign investment ever in Guangdong's fiber industry. The plant now operates four production lines producing spandex fibers for multiple textile processing applications.” [Invista press release, 5/5/11] Invista Spent “More Than US$227 Million Expanding Production” At Its Plant In Foshan, Guangdong In China. According to the South China Morning Post, “Invista recently spent more than US$227 million expanding production at the plant in Foshan, Guangdong, that its apparel unit operates with joint-venture partner Foshan Plastics Group. It is the largest foreign investment to date in the province's fibre industry That plant now operates four production lines for fibres used in multiple textile processing applications, an increase designed to meet domestic and international demand. The facility added 12.5 kilotons of spandex production, raising its annual capacity to 24.5 kilotons. A kiloton is equivalent to 1,000 tonnes..” [South China Morning Post, 6/9/14]

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Shanghai Textile Research Center In 2011, Invista Built A $7.3 Million In A Textile Application Research Center In Shanghai. According to ChinaDaily.com, “Invista, one of the world's largest integrated producers of polymers and fibers, announced Thursday the opening of its first textile application research center in Shanghai. It is the US-based company's fourth worldwide textile application research institution. The other three are located in the United States, Italy, and China's Taiwan province. Construction on the 3,000-square-meter research center in Qingpu district of Shanghai, with a total investment of $7.3 million, began in May 2011 and was completed this July.” [ChinaDaily.com, 7/26/12] The Research Center Was A “Milestone In Invista's Strategic Focus In China And Will Help Accelerate The Development And Application Of New Fabrics.” According to ChinaDaily.com, “Building the research center is a milestone in Invista's strategic focus in China and will help accelerate the development and application of new fabrics, reduce time-to-market and enhance customer's competitive edge, said Dan Kotkin, executive vice president of Eastern Region of Invista Apparel.” [ChinaDaily.com, 7/26/12] Invista Spent $7.3 Million To Build A 3,000 Square Meter Research Facility In Shanghai. According to Commodity Online, “INVISTA owner of Lycra&reg brand makes its first textile research investment in mainland China. INVISTA has invested US $7.3 million in building its first research center a 3 000 square meter facility in Qingpu Shanghai district in China. This is the 4th research facility for INVISTA. The other three are located in the United States Italy and Taiwan.” [Commodity Online, 7/30/12] Shanghai Chemical Industry Park Nylon Plant In 2014, Invista Started Building A Nylon Intermediates Plant In Shanghai, China That Will Cost More Than $1 Billion And Is The “Largest Capital Investment” In The Company’s History. According to Discovery, “As more than 300 onlookers applauded, senior officials from the Chinese government in Shanghai joined INVISTA executives in breaking ground for the company’s newest nylon intermediates plant. […] This project, the largest capital investment in INVISTA’s history, will result in the world’s most efficient hexamethylene diamine and nylon 6,6 polymer plants. Both are being built at the Shanghai Chemical Industry Park, a 30-square-kilometer site on the north coast of Hangzhou Bay. INVISTA has made several investments in China during its 10 years as a Koch company, but never on a scale like this. The project — which has been in development for several years — is expected to cost more than $1 billion.” [Discovery, April 2014]

The Shanghai Plant Will Be “The Most Energy-Efficient HMD Plant In The World” And Will “Feature Invista’s Best And Most Innovative Technology.” According to Discovery, “It has been more than 30 years since INVISTA built an HMD (hexamethylene diamine) plant. But that is about to change in a big way, as the company moves forward with plans to construct the most energy-efficient HMD plant in the world. […] On Jan. 5, INVISTA announced it received Environmental Impact Assessment approval from the Shanghai Environmental Protection Bureau to build an HMD plant at the Shanghai Chemical Industry Park in China. […] When completed, the plant will be able to produce 215,000 tons of HMD per year. It will also feature INVISTA’s best and most innovative technology.” [Discovery, January 2013]

Shanghai Chemical Industry Park (SCIP) “Is The First Industrial Zone Specialized In The Development Of Petrochemical And Fine Chemistry Businesses.” According to SCIP.com, “Shanghai Chemical Industry Park is the first industrial zone specialized in the development of petrochemical and fine chemistry businesses, and also one of the four industrial production bases in Shanghai. It is built with advanced development conception of World-Class and large-scaled chemical park.” [SCIP.com, accessed 6/10/14]

Invista Senior VP Steve Kromer: “HMD Is The First Phase Of An Integrated Nylon Facility In China…The Phases That Follow Will Employ Technology Innovations Developed At Other INVISTA Locations Around The World.” According to Discovery, “According to Steve Kromer, INVISTA’s Shanghai-based senior vice president who is leading the project for INVISTA’s Intermediates business, work on this new plant has involved resources from Koch companies which have extensive experience with petrochemical plants and contributed knowledge to the planning

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process. ‘HMD is the first phase of an integrated nylon facility in China,’ Kromer said. ‘The phases that follow will employ technology innovations developed at other INVISTA locations around the world.’” [Discovery, January 2013]

Invista Senior VP Steve Kromer On Technology Development For New ADN China Plant: “Two Years After The Texas Team Started Its Work, Leadership For The Design Completion And Execution Phases Has Shifted To The Local Team Here In Shanghai.” According to Discovery, “‘The company plans to follow this investment in HMD with an investment in its most advanced proprietary ADN technology, which resulted from more than $40 million in research and development during the past four years and was led primarily by the team at our research lab in Orange, Texas,’ [Invista Senior VP Steve] Kromer said. He noted that the project’s early front-end engineering and process design were led by a team from the Gulf Coast of Texas, with significant support from China. ‘Now, two years after the Texas team started its work, leadership for the design completion and execution phases has shifted to the local team here in Shanghai.’ […]According to Bill Greenfield, executive vice president of INVISTA Nylon Intermediates, the knowledge gained from the company’s current project to implement its new ADN technology in Orange will be incorporated into the new ADN plant in China. ” [Discovery, January 2013]

Invista Hopes To Use The Learnings From The Orange And China Projects To Implement New Technology At Its Victoria, TX Plant. According to Discovery, “Ultimately, the business will use the learnings from the Orange and China projects to implement new technology at its Victoria plant. ‘It is an ambitious goal to do all this by the end of the decade, but we believe our team is up to the challenge,’ [Executive Vice President of INVISTA Nylon Intermediates Bill] Greenfield said.” [Discovery, January 2013]

Invista Broke Ground On A Plant In Shanghai in March, 2014, Planned to Build Additional 300,000 Ton Nylon Intermediate Facility. According to Plastic News, “Wichita, Kan.-based Invista yesterday broke ground on its nylon 6/6 plant and nylon precursor hexamethylene diamine (HMD) plant in Shanghai. The company said it’s a key milestone in its plans for integrated nylon 6,6 facilities in the China market. The 150,000-ton polymer plant and the 215,000-ton HMD plant are expected to go on stream in 2015. In addition, Invista plans to build a 300,000-ton nylon intermediate adiponitrile (ADN) facility. ‘China is one of the most important regions for our growth strategy,’ said Jeff Gentry, Invista’s chairman and CEO. ‘We have seen significant growth in the region in recent years, and we plan to continue to bring our latest innovative technologies here.’” [PlasticNews.com, 3/28/14] In March 2014, Invista Broke Ground On A New Plant In Shanghai. According to the Discovery: The Quarterly Newsletter of Koch Industries, “As more than 300 onlookers applauded, senior officials from the Chinese government in Shanghai joined INVISTA executives in breaking ground for the company’s newest nylon intermediates plant. The theme for the March 26 event was ‘Growing Together: a new era of nylon 6,6.’” [Discovery: The Quarterly Newsletter of Koch Industries, April 2014]

The Plant Was Invista’s Largest Capital Investment Ever; Was Expected To Cost Over $1 Billion. According to the Discovery: The Quarterly Newsletter of Koch Industries, “This project, the largest capital investment in INVISTA’s history, will result in the world’s most efficient hexamethylene diamine and nylon 6,6 polymer plants. Both are being built at the Shanghai Chemical Industry Park, a 30-square-kilometer site on the north coast of Hangzhou Bay. INVISTA has made several invest ments in China during its 10 years as a Koch company, but never on a scale like this. The project — which has been in development for several years — is expected to cost more than $1 billion.” [Discovery: The Quarterly Newsletter of Koch Industries, April 2014]

The Shanghai Environmental Protection Bureau Approved Invista’s Shanghai Plant. According to Nonwovens Industry, “Invista, a worldwide producer of nylon intermediates and fibers, has received Environmental Impact Assessment (EIA) approval from the Shanghai Environmental Protection Bureau for a 215,000-ton per year hexamethylene diamine (HMD) plant at the Shanghai Chemical Industrial Park. Invista has fully authorized construction of the plant and expectsto commence production in 2015. This marks a significant milestone for Invista's planned investments to create an integrated nylon 6,6 intermediates and polymer asset in the region.” [Nonwovens Industry, 2/1/13] Qingpu, Shanghai Air Bag Fiber Plant

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The Qingpu Plant Was First Announced In 2007; Invista Expected To Invest $50 Million In The Plant. According to Plastics News, “The company announced April 26 that it would build a nylon 6/6 yarn plant to produce fibers for automotive air bags in Shanghai's Qingpu Industrial Zone, to serve China's growing automotive market. The $50US million plant, with capacity of 22 million pounds a year, would give Invista air-bag fiber production in North America, Europe and Asia. Invista said it would be the first air-bag fiber maker with more than 20 million pounds a year capacity in China, and the first international firm to set up air-bag yarn manufacturing in the country.” [Plastics News, 6/4/07] Qingpu Plant Opened In December 2008, Was First Nylon 6,6, Plant In Asia. According to Automotive News: “Seeking a larger foothold in Asia, fiber manufacturer Invista, of Wichita, Kan., has begun producing nylon yarn for airbags at a plant in China. Invista's share of the global airbag yarn market is a "little bit less than 50 percent," says Mark Delaplane, global director of Invista's nylon industrial specialties, performance surfaces and materials. The yarn — called nylon 6,6 — is an essential ingredient in airbags and seat belts. A production plant in China puts Invista closer to Asian growth markets. The new Invista Specialty Fibers (Shanghai) Co. factory, in Shanghai's Qingpu district, is Invista's first nylon 6,6 production plant in Asia.” [Automotive News, 12/1/08] Invista’s Qingpu Plant Became The First Air Bag Fiber Producer In Asia To Exceed 20 Kiloton-Per-Year Production Capacity. According to Business Monitor Online, “US-based producer of polymers and fibres INVISTA has commenced operations at its recently expanded air bag fibre manufacturing plant in Qingpu District, Shanghai. Following the expansion, the company has become the first air bag fibre producer in Asia to exceed the 20 kiloton-per-year production capacity for a single site.” [Business Monitor Online, 6/11/13] In 2012, Invista “Doubled” The Company’s Shanghai Plant’s Capacity, Making It “The Largest Facility Of Its Kind In Asia.” According to Discovery, “On the sixth day of the sixth month, INVISTA celebrated the successful start-up of its expanded nylon 6,6 air bag fiber plant in the Qingpu District of Shanghai. INVISTA has doubled that plant’s capacity, making the company the first producer in Asia capable of manufacturing 20 kilotons of air bag fiber per year at a single plant. Plans for this expansion were announced in 2011, just three years after INVISTA first came to the region. Rapidly growing demand for automotive air bag fiber in Asia has fueled the company’s investments there.‘This is now the largest facility of its kind in Asia,’ said Jeff Brown, executive vice president of INVISTA Performance Surfaces & Materials […] ‘We’re pleased to share this start-up celebration with so many distinguished guests.’” [Discovery, August 2013] Invista First Began Producing Air Bag Fiber In The Qingpu District Of Shanghai In 2008. According to Nonwovens Industry, “Invista established its air bag fiber presence in this location in2008 to manufacture super-high-tenacity nylon 6.6 fibers for automotive air bag applications. With the rapid growth of automotive air bag demand in Asia, Invista announced the expansion plan in 2011. In April 2013; the new expansion was completed and production started.” [Nonwovens Industry, 7/1/13] Qingpu, Shangain 6,6 Plant Acquired from Honeywell Invista’s First Acquisition As A Koch Company , According to Koch, Was Honeywell’s Nylon 6 Bulk Continuous Filament Business In The Asia-Pacific Region In 2006. According to Discovery, “INVISTA’s first acquisition as a Koch company came in 2006, when it acquired Honeywell’s nylon 6 bulk continuous filament business in the Asia-Pacific region.” [Discovery, April 2014]

MEXICO Invista Acquired An Apparel Business Facility That Produced Nylon 6 Textile, Nylon 6,6, Textile Fiebr, Spandex. In Mexico In 2005. According to Business Wire: “Affiliates of Alfa and INVISTA finalized today the sale of the apparel business facility in Monterrey. Fibers Mexico, an INVISTA affiliate, purchased Alfa's interest in this transaction. The financial terms of the sale were not disclosed. The Monterrey facility produces nylon 6 textile fiber, nylon 6,6 textile fiber and spandex used in the apparel and personal care industries. The apparel business in Mexico will be integrated into INVISTA's global apparel business. INVISTA Apparel maintains a manufacturing or marketing presence in every major market and garment region in the world. ‘INVISTA is committed to the textile industry and this investment demonstrates that commitment,’ said

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Bill Ghitis, president, INVISTA Apparel. "Our focus is to bring value to the apparel industry by delivering market back innovations based on consumer insights and linked to our brands.’” [Business Wire, Press Release, 9/28/2005]

CANADA 2005: Invista Expanded Nylon 6,6 Airbag Capacity In Kingston, Ontario. According to Invista: “INVISTA Expands Nylon 6,6 Airbag Capacity in Kingston, Ontario, Canada” - INVISTA Performance Fibers announced today its intent to increase supply of super high tenacity, low decitex per filament (dpf) yarns used in automotive airbags by 5 kilotons in Kingston, Ontario (Canada). Capacity expansion is expected to be complete by early 2006 and will help meet the growing demand for side curtain airbags. "I am delighted to be able to share our intent to increase capacity at the world’s largest airbag yarn manufacturing facility in Kingston,” said Jeff Brown, INVISTA’s airbag business director. “The automotive industry’s commitment to further enhance occupant safety through implementation of side airbags will drive additional demand over the next few years for our advanced nylon fibers. The new assets will focus on manufacturing the latest generation of fine dpf, high tenacity yarns which are particularly suited to this application.” "INVISTA is committed to supporting the future growth of the airbag business and maintaining our global leadership position in this market. Other expansions are currently under consideration to satisfy the growing demand for airbag fibers around the world,” added Dave Trerotola, president, INVISTA Performance and Textile Fibers.” [Invista, 1/12/05] In 2011, Invista Announced It Would Add An Additional Seven Kilotons Of Spinning Capacity At Its Kingston, Canada Facility. According to an Invista press release, “To help meet continued demand driven by growth of the global airbag market, INVISTA, one of the airbag industry’s leading suppliers, has developed plans to invest in multiple projects within the next five to seven years across its global industrial nylon yarn manufacturing network. Coming on the heels of recently announced expansions in Qingpu, China, and Gloucester, United Kingdom, INVISTA is planning to add another seven kilotons of spinning capacity at its Kingston, Canada, facility. Start-up of these latest assets is expected in the second quarter of 2012.” [Invista, 6/23/11] 2008: Invista’s Largest Facility Is In Kingston, Ontario With About 900 Employees. According to Discovery, “INVISTA’s largest site (in terms of employees) is not in Delaware, Texas, the Carolinas or even China. That honor goes to INVISTA’s Kingston, Ontario, facility, with about 900 employees.” [Discovery, January 2008]

INDIA Discovery Newsletter: “Invista Apparel Is Another Koch Company Expanding Its Presence In India.” According to Discovery, “INVISTA Apparel is another Koch company expanding its presence in India. It has plans to move to a new office in Gurgaon, close to the international airport of New Delhi, this summer.” [Discovery, April 2011]

BRAZIL Invista “Recently Invested More Than $100 Million” To Build A New Fiber Production Plant In Paulínia, Brazil. According to Discovery, “INVISTA recently invested more than $100 million to build a new LYCRA® fiber production plant in Paulínia, Brazil, home to one of the best safety records in all of Koch Industries (39 years without a lost-time injury).” [Discovery, April 2014]

SINGAPORE Business Times Singapore HEADLINE: "For Invista, S’pore Is Special; Products Manufactured By Its Plants Here Are Shipped Abroad Duty Free Or With Reduced Tariffs, Reports CHUANG PECK MING. [Business Times Singapore, 12/4/08] Invista Was Making Polymers And Fibres In High-Cost Singapore Because Of Its Free Trade Agreements. According to Business Times Singapore, “UNITED States-based Invista is still making polymers and fibres in high-cost

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Singapore for nylon, spandex and polyster applications, partly because of the country’s free trade agreements (FTAs).” [Business Times Singapore, 12/4/08] Francis Lee, Invista’s Managing Director For Asia Pacific Said That Free Trade Agreements Enabled Invista To “See Products Manufactured By Its Plants In Singapore Exported To Different Countries With No Or Reduced Import Duties.” According to the Business Times Singapore, “‘Thanks to the various FTAs in place, Invista has been able to see products manufactured by its plants in Singapore exported to different countries with no or reduced import duties,’ says Francis Lee, Invista’s managing director for Asia-Pacific.” [Business Times Singapore, 12/4/08]

Invista’s Shipments From Singapore Included Exports To Austrailia, Asean, Japan, Thailand, China And India. According to Business Times Singapore, “The company’s shipments from Singapore include its Lycra spandex exported to Austraila and Asean, as well as Adi-pure adipic acid and DBE dibasic ester shipped to Australia, Japan, Thailand,China and India.” [Business Times Singapore, 12/4/08]

Francis Lee Said That The Duty-Free Movements Helped Strengthen Competiveness Of Products In The Global Market. According to Business Times Singapore, “‘These duty-free movements, which have promoted free trade, have helped strengthen the competitiveness of our products in these markets,’ Mr Lee says.” [Business Times Singapore, 12/4/08] Francis Lee: “Not Only Is Singapore A High-Cost Manufacturing Site, He Noted, But That Its Market Is Also Very Small.” According to the Business Times Singapore, Francis Lees said, “Not only is Singapore a high-cost manufacturing site, he noted, but that its market is also very small.” [Business Times Singapore, 12/4/08] Business Times Singapore: Invista Made Good Use Of The Asean Free Trade Area, Japan-Singapore New-Age Economic Partnership Agreement, Singapore-Australia Free Trade Agreement, Asean-China Free Trade Area And India-Singapore Comprehensive Economic Cooperation Agreement. According to the Business Times Singapore, “Invista, which boasts global sales of US $110 billion and employs about 80,000 people in nearly 60 countries, has made good use of the Asean Free Trade Area, Japan-Singapore New-Age Economic Partnership Agreement, Singapore-Australia Free Trade Agreement, Asean-China Free Trade Area and India-Singapore Comprehensive Economic Cooperation Agreement.” [Business Times Singapore, 12/4/08] Lee Said That The India Singapore Free Trade Agreements Was Not Comprehensive And Did Not Cover All Products And Sectors. According to Business Times Singapore, “Yet not every one of the FTAs meets Invista’s expectations. ‘Some FTAs are not truly comprehensive,’ Mr Lee says. The India-Singapore FTA, despite being called ‘comprehensive’, does not cover all products and sectors, according to him.” [Business Times Singapore, 12/4/08] Lee Said That The Free Trade Agreements Should Cover All Goods And Services Without Exclusions. According to Business Times Singapore, “‘We would like to see all FTAs to be fully comprehensive, covering all goods and services without exclusions,’ Mr Lee says.” [Business Times Singapore, 12/4/08] Lee: “These Non-Tariff Barriers Include Restrictions On Distribution Chains, Onerous Paperwork For Importers, Such As Special Licenses, Extra Port Fees.” According to Business Times Singapore, “Another beef he has with the FTAs: not all of them provide strong protection for intellectual property and custom’s fraud. And non-tariff barriers continue to be a hindrance to trade flows. ‘These non-tariff barriers include restrictions on distribution chains, onerous paperwork for importers, such as special licences, extra port fees,’ Mr Lee says.” [Business Times Singapore, 12/4/08] Lee Said That Invista Worked Closely With The Singapore Economic Development Board And The Ministry Of Trade And Industry To Understand Current Free Trade Agreements And Prepare For The Implementation Of Future Free Trade Agreements. According to Business Times Singapore, “Still, Invista finds the Singapore government receptive to feedback and ready to work with exporters. ‘We work closely with the Singapore Economic Development Board and the Ministry of Trade and Industry to understand the conditions of existing FTAs and to prepare for the implementation of future FTAs,’ Mr Lee says.” [Business Times Singapore, 12/4/08] Lee Said That Invista Communicated With The Singapore Government On What Potential Free Trade Agreements Or Conditions Could Further Enhance And Grow Its Business And Competiveness. According to Business Times Singapore, Lee said,“‘Companies operating in Singapore, including Invista, communicate with the Singapore government on

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what potential FTAs or conditions could further enhance and grow Singapore’s businesses and competitiveness.’” [Business Times Singapore, 12/4/08]

NETHERLANDS In 2012, Invista Constructed A Nylon Salt Plant At An Existing Facility In Rozenburg, Netherlands, Which Added The Capability To Combine Materials Already Made At Invista’s Facilities In Texas. According to Discovery, “For years, the INVISTA Intermediates’ plant in Rozenburg has produced nylon polymers for use in plastics and fibers. One thing the plant has never produced, however, is nylon salt. […]Nylon salt is made by combining adipic acid and a chemical intermediate called HMD. INVISTA’s facilities in Texas make both of these raw materials, but the Rozenburg facility lacks the ability to combine them. That will change when the construction of a new nylon salt plant at Rozenburg is completed later this year. Kurt Burmeister, executive vice president of INVISTA engineering polymers, sees several benefits from this investment. ‘By producing salt within our own plant, we can reduce manufacturing fees as well as freight costs.’” [Discovery, April 2012] Invista Acquired A Manufacturing Facility In Born, Netherlands From VSL Born. According to Chemical Week, “Invista says it has acquired a manufacturing facility at Born, Netherlands, previously operated by VSL Born (Born), which focuses on the compounding and recycling of nylon used in automotive, electrical and electronic, industrial, and consumer goods applications. Financial terms of the acquisition were not disclosed. Invista will place the compounding asset within its engineering polymers business. The deal, which closed in December 2012, brings a new set of in-house capabilities to the Invista Engineering Polymers subsidiary and will help better meet customer demand worldwide, the company says. The assets formerly owned by VSL will transfer to Invista for the manufacture of Invista's compound brands, including Torzen PA66 resin. The Born site has about 30 employees, who will transition to Invista.” [Chemical Week, 1/17/13]

UNITED KINGDOM As Of 2011, Invista’s United Kingdom Plant Was The Largest Lycra Fiber Production Facility In The World. According to Invista Apparel Planet Agenda, “In all of INVISTA’s apparel fiber operations, we seek ways to reduce our environmental footprint by conserving resources, reducing emissions and eliminating waste. For example, INVISTA’S Maydown, United Kingdom, site – the largest LYCRA ® fiber production facility in the world – has reduced the amount of fiber waste going to landfill from 7 percent in 1990 to less than 1 percent of production today.” [Invista Apparel Planet Agenda, 11/28/11]

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KOCH INDUSTRIES TOTAL EMPLOYMENT OVER TIME

1999: 16,000 Employees January 1999: Koch Industries Employed 16,000 People Worldwide And More Than 4,000 People In Texas. According to a press release from Koch Petroleum, “Koch Petroleum Group, L.P. is a subsidiary of Koch Industries Inc. Koch Industries is the second-largest privately held company in North America with regards to revenue, as ranked by Forbes. Koch Industries and its subsidiaries employ 16,000 people worldwide and are involved in virtually all phases of the oil and gas industry, as well as in agriculture, chemicals, chemical technology products, energy services, asphalt products, metals and minerals services, real estate and financial investments. Koch’s Texas operations employ more than 4,000 people, including 1,200 located in South Texas.” [Koch Petroleum Press Release, 1/15/99] December 1998: Koch Employed More Than 16,000 People Worldwide. According to a KoSA Press Release: “Koch Industries, Inc. is the second largest privately held company in North America in terms of revenue, as ranked by Forbes. Koch Industries and its subsidiaries employ morthan 16,000 people worldwide and are involved invirtually all phases of the oil and gas industry, as well as in agriculture, chemicals, chemical technology products, energy services, asphalt products, metals and minerals services, real estate and financial investments.” [PR Newswire, 12/11/1998]

2000: Post Koch Downsizing, Before Major Acquisitions – Between 10,000 and 13,000 employees January 2000: Koch Industries Employed “Between 12,000 And 13,000 People Worldwide Including 3,000 At Its Wichita Headquarters.” Last year, Koch Industries laid off about 500 people as the company struggled to cope with global downturns in prices for oil, hogs and cattle. Koch employs between 12,000 and 13,000 people worldwide, including 3,000 at its Wichita headquarters. The company is involved in nearly all phases of the oil and gas industry as well as in chemicals, chemical technology products, agriculture, hard minerals, real estate and financial investments. Moeller, who took over as president in September, said then that Koch Industries needs to become more entrepreneurial. He also said he did not envision further layoffs. [Associated Press via LexisNexis, 1/14/00] “Koch Companies Grew From About 10,000 Employees In 2000 To 80,000 Employees In 2006.” According to a fact sheet from Koch Industries, “Over the years, teaching materials were developed to aid employees. As Koch companies grew from about 10,000 employees in 2000 to 80,000 employees in 2006, the challenge of how best to share MBM within and without the companies was addressed when Charles Koch wrote an MBM introduction for employees.” [KochInd.com, accessed 6/13/14]

KOCH SAID LAYOFFS DRIVEN BY NEED TO COMPETE AGAINST MERGERS AND ACQUISITIONS IN INDUSTRY Joe Moellar, Koch’s President Said That Cuts Affected “The Koch Family.”According to Wichita Eagle, “Joe Moeller, the company’s president, said the cutbacks have been hard, particularly when they have affected longtime members of what executives call ‘the Koch family.’: [Wichita Eagle, 4/16/00]

Moellar Said Koch Had To Reduce Costs To Be Able To Compete “As Mergers And Acquisitions Created Titanic Competitors In The Oil And Gas Industry.” According to Wichita Eagle, “Koch had to reduce costs to be able to compete as mergers and acquisitions created titanic competitors in the oil and gas industry, Moeller said.” [Wichita Eagle, 4/16/00]

APRIL 2000: END OF LAYOFFS IN WICHITA

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Witchita Eagle HEADLINE: Koch Says Worst Is Over; Executives Say A 40 Percent Job Reduction In Wichita Has Put The Company In A Better Position To Compete. [Wichita Eagle, 4/16/00] Witchita Eagle: Koch Industries Said That It Believed That The Worst Of The Job Cutting Was Over. According to Wichita Eagle, “With 40 percent fewer Wichita employees than two years ago, Koch Industries says it believes the worst of the job cutting is over, as the company works to position itself in an economy where ideas can be more valuable than oil.” [Wichita Eagle, 4/16/00] Witchita Eagle: Jobs In Witchita At Koch Industries Were Pared From June 1998 Peak Of 3,673 To 2,200. According to Wichita Eagle, “Jobs in Wichita have been pared from a June 1998 peak of 3,673 to about 2,200 today, said the top executives at Koch, the nation’s largest privately held energy firm.” [Wichita Eagle, 4/16/00] Koch Officials Said That Since The Beginning Of 2000, 300 Wichita Employees Were Either Laid Off Or Left Voluntarily According to Wichita Eagle, “Since the beginning of the year, about 300 Wichita employees have either been laid off or have left voluntarily, the company officials said.” [Wichita Eagle, 4/16/00]

2001: 11,000 Employees At Start, 19,000 After Acquisition of KoSa Company Spokesman Said Koch Had 11,000 Employees. According to The AP: “Company spokesman Jay Rosser said later that no layoffs are planned at Koch, and that the company even has an upcoming job fair to fill a shortage of accountants. Koch Industries' work force numbers will remain fairly constant at about 11,000 employees, he said.” [Associated Press,10/25/2001] Koch Became Sole Owner of KoSa; Company Had 8,000 Employees. According to a KoSa Press Release: “KoSa, a leader in the polyester industry, today announced that the previously announced ownership change in the company has been completed. Through subsidiaries, Koch Industries, Inc., previously a 50 percent shareholder, has become the sole owner of the company after purchasing the 50 percent ownership position held by the company's partner in the venture, IMASAB S.A. de C.V. ‘KoSa will remain a separately managed company and will be completely independent of Koch Industries, Inc.," said Bill Caffey, KoSa's chairman of the board of directors. The purchase was completed following approval by all appropriate domestic and international regulatory and trade authorities. ‘The acquisition will have a positive effect on KoSa,’ said George Gregory, KoSa's chief executive officer. "Having one owner provides KoSa with more accountability and a faster decision-making process which will allow the company to better serve its customers and respond to the marketplace.’ ‘While the ownership of KoSa has changed, our commitment to continue supplying outstanding products and services in each of our global businesses remains unchanged," said Caffey. KoSa's global headquarters will remain in Houston, Texas, and its regional headquarters will stay in Charlotte, N.C.; Frankfurt, Germany; and Mexico. KoSa is a leading, global producer of commodity and specialty polyester fibers, polymers, and intermediates. The company employs approximately 8,000 people worldwide.” [PR Newswire, KoSa Press Release, 11/14/2001]

2003: Pre-Invista Acquisition– 17,000 Employees Koch Had “More Than 17,000” Employees In 30 Countries In 2003, Described It as “A Gain of 6,000 Jobs Since the Late 1990s.” According to the Wichita Eagle, “And after layoffs that numbered in the hundreds only a few years ago, employment is growing again. More than 17,000 people work for Koch in some aspect of its far-flung empire of companies in 30 countries — a gain of 6,000 jobs since the late 1990s. About 1,850 of those people work in Koch’s headquarters in Wichita and another100 work for Koch companies elsewhere in Kansas.” [KochInd.com, 9/14/03]

2004: 30,000 Employees In 2004 Koch Industries Had Revenues Of $50 Billion And 30,000 Employees. According to Forbes’ 2004 list of largest private companies, Koch Industries had revenues of $50 billion and 30,000 employees. [Archive.org, accessed 6/17/14]

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2005: 30,000 Employees In 2005 Koch Industries Had Revenues Of $60 Billion And 30,000 Employees. According to Forbes’ 2005 list of largest private companies, Koch Industries had revenues of $60 billion and 30,000 employees. [Forbes.com, accessed 6/17/14]

2006: Koch Acquires Georgia Pacific and Rises to Their Pre-Molex Height –85,000 Employees 2006: Koch Industries Had 30,000 Employees. According to the Kansas City Star: “Koch Industries is usually near the top of Forbes magazine's annual listing of the largest private companies in the U.S. Koch, currently No. 2 on the list behind Cargill, had estimated annual revenue of $60 billion and 30,000 employees among its diverse holdings involved in the trading and production of petroleum, asphalt, natural gas, gas liquids, chemicals, plastics and fibers, minerals, fertilizers and chemical technology equipment.” [The Kansas City Star, 10/13/2006] January 2006: Acquisition of Georgia Pacific Gave Koch Over 80,000 Employees Worldwide. “The deal made Koch Industries the largest privately held company in the United States. It owns trading, investment and operations companies in 50 countries and has about 80,000 employees worldwide.” [The Wichita Eagle, 1/4/2006] August 2006: Koch Had “Over 85,000 Employees Worldwide.” According to a letter from Richard Dinkel, Chief Accounting Officer at Koch Industries, “Koch Industries, Inc. (‘KII’), a privately-held company, is pleased to comment on the Joint Proposal by the Financial Accounting Standards Board and American Institute of Certified Public Accountants, dated June 8, 2006, Enhancing the Financial Accounting and Reporting Standard-Setting Process for Private Companies. KII and its subsidiaries (‘the Company’) are engaged in operations, trading and investments worldwide and in many industry sectors- including petroleum refining and chemical manufacturing, consumer products, building products, fibers and resins, nitrogen-based fertilizers, industrial combustion and pollution control equipment, commodity and financial trading, and other strategic investments. The Company has operations in over 60 countries and over 85,000 employees worldwide.” [PCFR.org, 8/14/06]

2007 – 80,000 Employees In 2007 Koch Industries Had Revenues Of $90 Billion And 80,000 Employees. According to Forbes’ 2007 list of largest private companies, Koch Industries had revenues of $90 billion and 80,000 employees. [Forbes.com, 11/8/07]

2008-2009: Koch Begins to Cut 2009: “Koch-Owned Companies Georgia-Pacific Corp., Invista And Flint Hills Resources Have Cut Or Plan To Cut At Least 2,000 Jobs,” Company’s Website Said They Employed 80,000 People Worldwide According to the Wichita Business Journal, “But some of Koch’s biggest subsidiaries already have spent months cutting jobs and either closing or idling plants as the global economic outlook has worsened. A compilation of news accounts in the United States and England show Koch-owned companies Georgia-Pacific Corp., Invista and Flint Hills Resources have cut or plan to cut at least 2,000 jobs. Koch Industries confirmed the layoffs but said the list only was a partial one. The company’s Web site says it employs 80,000 people in 60 countries.” [Wichita Business Journal, 1/18/09]

2010-2013: Koch Cuts More 2010: There Were “Nearly 50,000 Koch Company Employees In The United States.” According to Koch Industries’ Discovery Newsletter, “High unemployment, record deficits, a sluggish economy and a swelling federal government have become flash

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point issues for millions of concerned Americans of every political persuasion. For the nearly 50,000 Koch company employees in the United States, this election is an opportunity to help decide the future of economic freedom.” [Koch Discovery Newsletter, 10/1/10]

December 2010/January 2011: 67,000 Employees Total December 2010: Koch Had 50,000 Employees In the United States, 17,000 Abroad. “Koch has about 50,000 employees in the U.S., about 2,300 in Wichita. When the ripple effect is added, the company supports a total of 200,000 jobs in 46 states and the District of Columbia, according to a recent study commissioned Koch and conducted by Janet Harrah, the former director of the Center for Economic Development and Business Research at Wichita State University and now owner of Harrah Analytics, Fort Thomas, Ky. Most of those workers are skilled workers in Koch's many paper mills, oil refineries and chemical plants. The recession hit the manufacturing sector hard, but Koch has worked to keep employment fairly stable, said Dale Gibbens, vice president for human resources at Koch Industries. Koch employs another 17,000 workers in nearly 60 countries.” [Wichita Eagle, 12/16/10] 2011: “There Are Currently More Than 50,000 Employees In The United States And Another 17,000 Internationally.” According to Koch Industries’ Discovery Newsletter, “Across all of Koch Industries, there are currently more than 50,000 employees in the United States and another 17,000 internationally.” [Koch Discovery Newsletter, 1/1/11]

2012: 60,000 Employees, 50,000 In United States Koch Employed 60,000 People, 50,000 In United States. According to a Molex Press Release: “With a presence in nearly 60 countries, Koch companies employ about 60,000 people worldwide. In 2012, Koch companies employed nearly 50,000 people in the United States and paid compensation and benefits totaling more than $4 billion.” [Molex, 9/13/2013] “In 2012, Koch Companies Employed Nearly 50,000 People In The United States.” According to a September 2013 SEC filing from Molex, “In 2012, Koch companies employed nearly 50,000 people in the United States and paid compensation and benefits totaling more than $4 billion. From January 2009 to present, Koch companies earned more than 752 awards for safety, environmental excellence, community stewardship, innovation, and customer service. For more information, visit MolexNet or www.kochind.com.” [Molex 8-K, 9/9/13]

2013, 60,000 Employees, Pre-Molex In 2013 Koch Companies Employed “About 60,000 People Worldwide.” According to a September 2013 SEC filing from Molex, “Since 2003, Koch companies have invested about $50 billion in acquisitions and other capital expenditures. With a presence in nearly 60 countries, Koch companies employ about 60,000 people worldwide.” [Molex 8-K, 9/9/13]

2014: Koch Buys Molex – 100,000 Employees Molex Employed 35,983 People In 31 Countries As Of June 2013. According to a June 2013 SEC filing from Molex, “We are one of the world’s largest manufacturers of electronic connectors in terms of net revenue. Our net revenue was $3.6 billion for fiscal 2013. We operated 41 manufacturing locations in 15 countries, and employed 35,983 people in 41 countries as of June 30, 2013.” [Molex 10-K, 6/30/13] In January 2014 Koch Listed Its “Worldwide Employment” As 100,000. According to Wichita Business Journal, “Happy 100,000th and counting to Wichita’s Koch Industries Inc. Following the completion of its purchase of electronic components maker Molex Inc., Koch now lists its worldwide employment total at more than 100,000. It had previously listed its total as 60,000.” [Wichita Business Journal, 1/31/14]

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In 2014 Koch Claimed To Have 100,000 Employees With 60,000 Of Those In The United States. According to a Koch Industries fact sheet, “Since 2003, Koch companies have invested approximately $65 billion in acquisitions and other capital expenditures. With a presence in about 60 countries, Koch companies employ more than 100,000 people worldwide, with about 60,000 of those in the United States. From January 2009 to present, Koch companies have earned nearly 800 awards for safety, environmental excellence, community stewardship, innovation, and customer service.” [KochInd.com, 5/2014]