The R.E. Olds Transportation Museum opened to the public on May 18, 1981. The Museum is dedicated to Ransom Eli Olds, inventor, entrepreneur, and financier, and one of Lansing’s most notable automotive leaders. He created the principle of the assembly line in the automobile industry and founded two local automobile companies: Olds Motor Works (1897) and REO Motor Car Company (1904). The Museum exhibits a collection of automobiles, engines, and other materials significant to the transportation history of Lansing, the region, the state and the nation. This is the only museum in the U.S. specific to Oldsmobile.