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Lionel, LLC is an American designer and importer of toy trains and model railroads that is headquartered in Concord, North Carolina.Its roots lie in the 1969 purchase of the Lionel product line from the Lionel Corporation by cereal conglomerate General Mills and subsequent purchase in 1986 by businessman Richard P. Kughn forming Lionel Trains, Inc. in 1986.
Lionel Corporation was an American toy manufacturer and holding company of retailers that was founded in 1900 and operated for more than 120 years. It started as an electrical novelties company. Lionel specialized in various products throughout its existence. Toy trains and model railroads were its main claim to fame. [1]
K-Line Electric Trains is a brand name of O gauge and S gauge model railway locomotives, rolling stock, and buildings. Formerly the brand name under which Chapel Hill, North Carolina–based MDK Inc. sold its products, K-Line was then acquired by Sanda Kan, a Chinese toy manufacturer that formerly acted as K-Line's subcontractor.
In May 1967, Lionel Corporation announced it had purchased the American Flyer name and tooling even though it was teetering on the brink of financial failure itself. A May 29, 1967, story in The Wall Street Journal made light of the deal, stating, "Two of the best-known railroads in the nation are merging and the Interstate Commerce Commission couldn't care less".
Unfortunately, the model cars are not exactly as reasonably priced as a traditional stock car die-cast. The smaller 1:43 models are available at just under $100, while the larger 1:18 models come ...
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