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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 Corporation would continue as a holding company. It invested in various chains of retail stores and electronics companies while receiving royalties on toy train sales made by General Mills (later Lionel Trains, Inc.). In 1991, it sold its trademarks to Lionel Trains, Inc. for $10 million and eventually went out of business in 1993.
Valued at over $400, the “Duchess of Atholl” is a must-have for serious collectors of vintage European trains. 10. Lionel Polar Express Electric O Gauge. Amazon.
In 2009, Lionel Electric Trains (Lionel, LLC) and MTH Electric Trains began working together under the Lionel Corporation banner. For three decades, MTH Trains had been making Tinplate Reproductions of trains, but did not have the authentic Lionel and American Flyer graphics on the models and boxes.
Standard Gauge, also known as wide gauge, was an early model railway and toy train rail gauge, introduced in the United States in 1906 by Lionel Corporation. [1] As it was a toy standard, rather than a scale modeling standard, the actual scale of Standard Gauge locomotives and rolling stock varied.
Japan and Germany produced few due to the recently ended World War II, while the main United States train model brands at that time, Lionel Corp. and American Flyer, did not put as much authentic detail on their trains as their O and S gauges would have allowed.
Williams Electric Trains was an American model railroad manufacturer, based in Columbia, Maryland. Williams was sold to Kader via their subsidiary Bachmann Industries in October 2007, and is now identified as "Williams by Bachmann." It was founded in 1971 by Jerry Williams as a maker of reproductions of vintage Lionel and Ives Standard gauge trains
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".
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