Most of what is known as Lansing today is the result of the city becoming an industrial powerhouse which began with the founding of Olds Motor Vehicle Company in August 1897. The company went through many changes, including a buyout, between its founding to 1905 when founder Ransom E. Olds started his new REO Motor Car Company, which would last in Lansing for another 70 years. Olds would be joined by the less successful Clarkmobile around 1903. Over the next decades, the city would be transformed into a major American industrial center for the manufacturing of automobiles and parts, among other industries. The city also continued to grow in area. By 1956, the city had grown to , and doubled in size over the next decade to its current size of roughly .