Private company
Chicago Pacific Corporation
Railroad shell corporation
The Chicago Pacific Corporation was a shell corporation created from the remains of the Chicago, Rock Island and Pacific Railroad. It managed to use much of the capital made from the liquidation of the Rock Island to acquire non-rail ventures such as The Hoover Company, Pennsylvania House/Kittinger, Inc., and Rowenta. In 1988, the now profitable company was acquired by the Maytag Corporation.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
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The Chicago Pacific Corporation was a shell corporation created from the remains of the Chicago, Rock Island and Pacific Railroad. It managed to use much of the capital made from the liquidation of the Rock Island to acquire non-rail ventures such as The Hoover Company, Pennsylvania House/Kittinger, Inc., and Rowenta. In 1988, the now profitable company was acquired by the Maytag Corporation.2
Timeline
Links
- WikipediaChicago Pacific Corporation
- WikidataQ5095728
Sources
The numbers on this page point here. Each one links to the record it came from.
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