- Source: American Light and Traction
American Light and Traction was founded in 1900 for the purpose for consolidating the utility industry's small, local power suppliers. By 1901, American Light and Traction owned and controlled over 40 gas producing plants, electric light and traction (streetcar) properties.
History
1900 - founded by Emerson McMillin as president
1935 - enactment of Public Utility Holding Act forced break-up of company due to antitrust provisions regulating integrated utility companies
1938 - Michigan Consolidated Gas (MichCon) formed
1949 - Michigan Consolidated Gas, the Milwaukee Gas Company, the Michigan-Wisconsin Gas Company, the Austin Field Pipeline Company and the Milwaukee Solvay Company merge to become American Natural Gas Company
1981 - MichCon becomes wholly owned subsidiary of Primark
1988 - spun off
2001 - merger with DTE Energy
External links
DTE Energy home page
Money Harvest: Utility Holding Companies Are Threshing Ratepayers
References
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