Downtown Jacksonville features offices for major corporations such as CSX Corporation, an American holding company focused on what?
CSX Corporation The CSX Corporation is an American holding company focused on real estate and railways in North America, among other industries. The company was established in 1978 as part of the Chessie System and Seaboard Coast Line Industries merger. The Chessie System and Seaboard Coast Line Industries which includes all railroads of both companies became subsidiaries of the CSX Corporation and both companies were merged into the CSX Corporation in 1980, the third year that the CSX Corporation was in operation.
TECO Energy TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, providing electricity to the greater Tampa area and central Florida, and natural gas throughout the state of Florida through its subsidiaries Tampa Electric Company and Peoples Gas Company respectively. Another subsidiary, TECO Services, Inc., provides IT, HR, legal, facilities, and other common services to Tampa Electric, Peoples Gas, and former TECO subsidiary New Mexico Gas Company. On September 4, 2015, Emera, a utility holding company based in Halifax, Nova Scotia, Canada, announced the pending acquisition of TECO Energy. That purchase closed on July 1, 2016, and TECO Energy, Inc. is now a wholly owned subsidiary of Emera, Inc.