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Henry B. Spencer

Fruit Growers Express

1920 - 1948

Agriculture & Mining

1920 b. 1872
male
EducationOneDegree
UndergraduateHarvard University
Personal
Born-Died1872 - 1956
BirthplaceNew Jersey (NJ)
RaceWhite
FatherExecutive, High-Level
Era - 1920

After serving as vice president of the Southern Railway System until 1917, Spencer formed the Fruit Growers Express to transport perishable goods and provide ventilated and refrigerated car services. With Fruit Growers owning its own cars and repair shops, the company earned revenue beyond its core business by leasing its assets out to other railroad companies. Under Spencer’s guidance, Fruit Growers’ sales grew from over $6 million in 1920 to almost $35 million in 1948.