You might think twice about buying an iPhone if you’re liberal, because an iPhone parts supplied is now part Koch Industries.

But when Koch CFO Steve Feilmeier was asked recently about the future of the U.S. economy, he launched into a spirited monologue about the bright prospects for the nation’s high-tech industry. “It’s the little things, like these BlackBerrys that didn’t exist eight or 10 years ago,” said Feilmeier, holding up his distinctly last-century smartphone and growing animated in his modest office along executive row. “These technologies have improved the quality of our lives tremendously. That’s going to continue, very rapidly.”

In early December, Koch Industries put some serious money behind that belief when it closed on its $7.2 billion acquisition of Molex, a global electronic components manufacturer headquartered in Lisle, Ill. Molex makes parts for a wide variety of gadgets, including iPhones, and was traded on Nasdaq before the buyout. Koch sees huge potential for Molex to benefit from the so-called Internet of Things revolution that’s on the horizon. (See “Everything Is Connected.”) “Think about sensors and connectors and how [they’re] proliferating right now,” says Feilmeier, a stout 52-year-old who has the rah-rah intensity of a high school football coach. “As technology becomes more user-friendly and machines become wired to be more proactive — whether that be industrial robotics and automation, or you have automobiles doing more for you and telling you more and keeping you out of accidents — we think Molex is really well positioned to capture that growth.”

Feilmeier envisions Molex growing from today’s $3.6 billion in revenue to $10 billion within a decade and says there are hundreds of smaller tech companies that could be acquisition targets. “They just weren’t out acquiring those companies or those technologies to enter new markets, and we’ll really be able to help them with that,” he says.