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 Emerson McMillin (April 16, 1844 - May 30, 1922) was an American financier and banker. The head of the banking house of Emerson McMillin, McMillin won a commission through "gallant conduct under fire" fighting for the Union Army in the Civil War, b ...

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 DTE Energy (formerly Detroit Edison until 1996) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an elec ...

External links

DTE Energy home page

Money Harvest: Utility Holding Companies Are Threshing Ratepayers

References

{{DEFAULTSORT:American Light And Traction Companies based in Birmingham, Alabama Energy in Alabama Defunct electric power companies of the United States Defunct natural gas companies of the United States DTE Energy Companies based in Detroit