American Light and Traction was founded in 1900 for the purpose for consolidating the utility industry's small, local power suppliers.^[1] By 1901, American Light and Traction owned and controlled over 40 gas producting plants, electric light and traction (streetcar) properties.^[2]

History

• 1900 - founded by Emerson McMillin as president^[3]
• 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^[4]
• 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