Puget Sound region and settled the Puget Sound area. The first non-indigenous settlement was New Market (now known as Tumwater) in 1846. In 1853 Washington Territory was formed from part of Oregon Territory. In 1888 the Northern Pacific railroad line reached Puget Sound, linking the region to eastern states. For a long period Tacoma was noted for its large smelters where gold, silver, copper and lead ores were treated. Seattle was the primary port for trade with Alaska and the rest of the country and for a time possessed a large shipbuilding industry. The region around eastern Puget Sound developed heavy industry during
Puget Sound Energy actually is reduced by—state mandated I-937 energy efficiency programs, adding an average 25 additional "Negawatts" generation capacity per year. For its natural gas service to customers, PSE purchases a portfolio of natural gas supplies originating in western Canada and the U.S. Rocky Mountain states. PSE was formed in 1997 when two of its largest ancestral companies – Puget Sound Power & Light Company and Washington Energy Company – merged. In 2009 Puget Sound Energy was sold to foreign investors led by Macquarie Group, in a leveraged private equity buyout. Puget Holdings, the U.S. title of this group of long-term infrastructure