Albert Converse Ingersoll News

Midland Enterprises Expands With The Times

Since planting its roots in 1925 as a small coal delivery business known as the Ohio River Company (ORCO), Midland Enterprises has evolved from one chartered boat and four barges to more than 85 boats and 2,400 barges moving the entire eastern inland waterways system. Established by Albert Converse Ingersoll, the Ohio River Company's main focus at that time was to float West Virginia coal to Cincinnati using its premiere boat — the E.D. Kenna. Built for its newest customer, Cincinnati Gas & Electric (the company's longest running business relationship), the vessel cost $179,325 in 1926. Subsequent to this successful venture, the company's demand continued to grow, causing a need for added capital. Ingersoll called upon C.E.