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Soo Line Railroad Company Inc history
Soo Line Railroad Company Inc company history timeline
In the end, Donald Smith and George Stephen, two individuals instrumental in CP's development and construction, used their very own money to acquire the properties in April of 1888.
On June 3, 1889, the first train bound for St Paul left Boston, Massachusetts.
Unfortunately, the Panic of 1893 resulted in Northern Pacific's bankruptcy whereupon it lost its WC holdings.
A third gateway was later opened in 1903 to Winnipeg, Manitoba via a new line from Glenwood to the Manitoba border at Noyes, Minnesota.
At first, it weathered these lean times and even advanced Wisconsin Central $2.2 million in 1932 to prevent its bankruptcy.
It was reorganized in 1944 as the Minneapolis, St Paul & Sault Ste.
That changed when they were formally merged into the "Soo Line Railroad" on January 1, 1961.
Once again, it battled rival C&NW but this time rued the day, acquiring control in 1985.
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Soo Line Railroad Company Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Volunteers of America: Mid-States | 1896 | $1.6M | 5 | 73 |
| REC | 1972 | $2.7M | 27 | 73 |
| Pioneers | 1979 | $3.0B | 3,000 | 6 |
| The Royal Oak Foundation | 1973 | $3.4M | 9 | - |
| The Mountaineers | 2011 | $5.0M | 72 | - |
| Wildcat | - | - | - | 8 |
| Skinner Auctions | 1971 | $7.5M | 50 | 2 |
| Non Profits | 2008 | $21.0M | 708 | 21 |
| Action | 1981 | $1.6B | 22,077 | 25 |
| Kauffman Center for the Performing Arts | 2011 | $50.0M | 81 | - |
Soo Line Railroad Company Inc history FAQs
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Soo Line Railroad Company Inc may also be known as or be related to Soo Line Railroad, Soo Line Railroad Company and Soo Line Railroad Company Inc.