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Gold made an agreement with Lionel and completed a design for an all-paper product train in March 1943. It was sold for a retail price of $1 for the 1943 Christmas season, but disappeared soon afterwards due to poor customer response. Lionel began manufacturing its conventional products again beginning in late 1945.
A walk through many an antique or consignment shop will find the old brown pieces relegated to the back or basement, with price tags to match. ... but it was made by Lionel, producer of model ...
Often, a toy manufacturer will reissue a toy from time to time, but its mere reissuance will not prohibit the reissued toy from itself correctly being identified as antique (many Lionel [12] trains, for example, that were first issued in the 1950s have been reissued in the 1980s: each issue, as long as it is 25 years old, can fairly be termed ...
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.
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.
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.
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.
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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