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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.
The Lionel brand name continues today, owned by Lionel, LLC. But many Lionel train enthusiasts consider 1969 the end of the "true Lionel trains", due to the original Lionel Corporation divesting itself of toy train production and the changes in design and manufacture, sometimes for the worse, that took place under Lionel trains' new owners. [6]
For a time it was the second-largest toy store chain in the United States. Lionel ran into financial trouble during the early 1980s recession and filed for Chapter 11 bankruptcy in February 1982. After reducing itself in size to 55 stores, it emerged from bankruptcy in September 1985. A closing Lionel Playworld store in Chattanooga, Tennessee ...
McDonald’s: According to USA Today, McDonald’s has about 13,500 restaurants and is located in all 50 states. Chances are there is a 24-hour store near you. ... 24-Hour Stores Near Me: 40 ...
The Train Collectors Association (TCA) is an international non-profit organization of people who operate and collect toy trains, toy train accessories, toy train books, toy train paper, and anything else rail transport related. TCA was founded in October 1954 in Yardley, Pennsylvania and is currently headquartered in Strasburg, Pennsylvania.
In 2009, the two joined forces, allowing MTH Trains to produce the Lionel tinplate electric trains with the official graphics. The interior electronics are from MTH Electric Trains, but the exterior bears the Lionel Corporation graphics. [2] In June 2020, it was announced that the CEO, Mike Wolf, will be retiring.
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