Rio Grande Industries (RGI) was the diversified parent company, headquartered in Denver, of the Denver and Rio Grande Western Railroad. Formed in 1968, its non-railroad operations included construction, real estate, and energy units. In the early 1980s, after Philip Anschutz's Anschutz Corporation took RGI over and operated RGI as a subsidiary, they arranged a merger with the Southern Pacific Transportation Company, where new head Robert Krebs (of the SPTC's parent SPSF Corp.) had recently succeeded Benjamin Biaggini.
When the Interstate Commerce Commission denied permission to merge the respective companies' railroad subsidiaries as the Southern Pacific Santa Fe Railroad, the merged holding company, which retained both companies' non-rail interests, while selling the Southern Pacific to Rio Grande, RGI changed its name to Southern Pacific Rail Corporation.
Companies owned by RGI:
- Denver and Rio Grande Western Railroad
- Southern Pacific Transportation Company (1988–1996)
- Leavell Development Company
- Rio Grande Motorways
| This article about an industrial corporation or company is a stub. You can help Wikipedia by expanding it. |
Famous quotes containing the words rio grande, rio and/or industries:
“I hear ... foreigners, who would boycott an employer if he hired a colored workman, complain of wrong and oppression, of low wages and long hours, clamoring for eight-hour systems ... ah, come with me, I feel like saying, I can show you workingmen’s wrong and workingmen’s toil which, could it speak, would send up a wail that might be heard from the Potomac to the Rio Grande; and should it unite and act, would shake this country from Carolina to California.”
—Anna Julia Cooper (1859–1964)
“I hear ... foreigners, who would boycott an employer if he hired a colored workman, complain of wrong and oppression, of low wages and long hours, clamoring for eight-hour systems ... ah, come with me, I feel like saying, I can show you workingmen’s wrong and workingmen’s toil which, could it speak, would send up a wail that might be heard from the Potomac to the Rio Grande; and should it unite and act, would shake this country from Carolina to California.”
—Anna Julia Cooper (1859–1964)
“All industries are brought under the control of such people [film producers] by Capitalism. If the capitalists let themselves be seduced from their pursuit of profits to the enchantments of art, they would be bankrupt before they knew where they were. You cannot combine the pursuit of money with the pursuit of art.”
—George Bernard Shaw (1856–1950)