Rio Grande Industries (RGI or Rio Grande Industries, Inc.) was a name of two holding companies that were involved in the
railroading
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
industry. The original and second company took part in the operations of the
Denver and Rio Grande Western Railroad
The Denver & Rio Grande Western Railroad , often shortened to ''Rio Grande'', D&RG or D&RGW, formerly the Denver & Rio Grande Railroad, was an American Class I railroad company. The railroad started as a narrow-gauge line running south from De ...
and the
Southern Pacific Transportation Company
The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...
.
The first company was formed in 1968 and was later known as Rio Grande Holding while the second company was formed in 1988 and was later known as Southern Pacific Rail Corporation.
History
The original Rio Grande Industries was formed in 1968, its non-railroad operations included construction, real estate, and energy units. The original diversified parent company of the
Denver and Rio Grande Western Railroad
The Denver & Rio Grande Western Railroad , often shortened to ''Rio Grande'', D&RG or D&RGW, formerly the Denver & Rio Grande Railroad, was an American Class I railroad company. The railroad started as a narrow-gauge line running south from De ...
was headquartered in
Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
.
In the early 1980s, after
Philip Anschutz
Philip Frederick Anschutz ( ; born December 28, 1939) is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and m ...
's
Anschutz Corporation
The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States.[Southern Pacific Transportation Company
The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...](_ ...<br></span></div> took RGI over and operated RGI as a subsidiary, they arranged the take over of the <div class=)
, where new head
Robert Krebs
Robert D. Krebs is an American railroad executive who has headed three major United States railroads in succession, leading the Southern Pacific (SP) when it was acquired by Santa Fe Industries, rising to lead the resulting Santa Fe Pacific Corpo ...
(of the SPTC's old parent
Santa Fe Southern Pacific Corporation) had recently succeeded
Benjamin Biaggini. When the
Interstate Commerce Commission
The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887. The agency's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminat ...
denied permission to merge the respective companies' railroad subsidiaries as the
Southern Pacific Santa Fe Railroad
Southern may refer to:
Businesses
* China Southern Airlines, airline based in Guangzhou, China
* Southern Airways, defunct US airline
* Southern Air, air cargo transportation company based in Norwalk, Connecticut, US
* Southern Airways Express, ...
, the merged holding company, which retained both companies' non-rail interests, while selling the Southern Pacific Transportation Company to Rio Grande Industries.
The original Rio Grande Industries changed its name to Rio Grande Holding (or Rio Grande Holding, Inc.) in 1988 and a new Rio Grande Industries company was formed in 1988; the new Rio Grande Industries took control of the original Rio Grande Industries (now known as Rio Grande Holding).
The Denver and Rio Grande Western was placed under control of the original Rio Grande Industries company (Rio Grande Holding) and the new Rio Grande Industries formed SPTC Holding (or SPTC Holding, Inc.) to purchase the Southern Pacific Transportation Company. The new Rio Grande Industries purchased the Southern Pacific Transportation Company and its subsidiaries under SPTC Holding subsidiary.
The new Rio Grande Industries company was renamed to the Southern Pacific Rail Corporation in 1993 and merged SPTC Holding into themselves.
The new Rio Grande Industries company, now known as the Southern Pacific Rail Corporation, was eventually merged into the
Union Pacific
The Union Pacific Railroad , legally Union Pacific Railroad Company and often called simply Union Pacific, is a freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Paci ...
in 2015.
According to the Utah corporation database, it has been suggested that the Southern Pacific Rail Corporation (formerly the second Rio Grande Industries) was merged into
UP Holding Company
The Union Pacific Corporation (Union Pacific) is a publicly traded railroad holding company. It was incorporated in Utah in 1969 and is headquartered in Omaha, Nebraska. It is the parent company of the current, Delaware-registered, form of the ...
, a Union Pacific subsidiary, and UP Holding Company was renamed Southern Pacific Rail Corporation, becoming a second incarnation of the Southern Pacific Rail Corporation. It has also been suggested that UP Holdings Company was originally known as "CNW Holdings" (or "CNW Holdings, Inc."). CNW Holdings could be mistaken for the
Chicago and North Western Holdings Corporation, the former parent company of the
Chicago and North Western.
Subsidiary companies in RGI history:
*
Denver and Rio Grande Western Railroad
The Denver & Rio Grande Western Railroad , often shortened to ''Rio Grande'', D&RG or D&RGW, formerly the Denver & Rio Grande Railroad, was an American Class I railroad company. The railroad started as a narrow-gauge line running south from De ...
*
Southern Pacific Transportation Company
The Southern Pacific (or Espee from the railroad initials- SP) was an American Class I railroad network that existed from 1865 to 1996 and operated largely in the Western United States. The system was operated by various companies under the ...
*
St. Louis Southwestern Railway
*
Alton and Southern Railway
The Alton and Southern Railway is a switching railroad in the Greater St. Louis area in Illinois. It is a wholly owned subsidiary of the Union Pacific Railroad.
Overview
The Alton and Southern ''Railroad'' was formed in 1910, and in 1913 it ...
*SPCSL Corporation
*Leavell Development Company
*Rio Grande Motorways
*
Frontier Village
Frontier Village was a amusement park in San Jose, California, that operated from 1961 to September 1980. It was located at 4885 Monterey Road, at the intersection with Branham Lane. The site is now Edenvale Garden Park, next to Hayes Mansio ...
Amusement Park, San Jose CA (1976–1980)
*SPTC Holding (or SPTC Holding, Inc.)
*Rio Grande Holding II (or Rio Grande Holding II, Inc.)
[https://cepi.io/companies/rio-grande-holding-ii-inc-/us_de/2142824 RIO GRANDE HOLDING II, INC.]
*
Arrow Development
Arrow Development was an amusement park ride and roller coaster design and manufacturing company, incorporated in California on November 16, 1945, and based in Mountain View. It was founded by Angus "Andy" Anderson, Karl Bacon, William Hardiman ...
(1971–1981)
References
{{Authority control
United States railroad holding companies
Denver and Rio Grande Western Railroad
Railway companies established in 1968
Companies based in Denver
1968 establishments in Colorado