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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".
No fewer than four American competitors adopted Lionel's gauge: Ives in 1921, [3] Boucher in 1922, [4] Dorfan in 1924, [5] and American Flyer in 1925. [6] While all the manufacturers' track was the same size and the trains and buildings approximately the same scale, the couplers for the most part remained incompatible, making it impossible to ...
In 1979, Lionel re-issued the Fairbanks-Morse Train Master diesel locomotive and re-introduced the American Flyer S gauge line of trains, both of which had not been produced since 1966. Starting in the 1980s, Lionel began to issue more postwar-derived operating accessories, such as the Lumber Mill, Ice Depot, and News Stand.
In 1930, Lionel bought out American Flyer's share in Ives and closed the Ives factory in Connecticut, moving operations to Lionel's New Jersey factory. Lionel kept the Ives brand on the market through 1932, then repositioned Ives for 1933, branding its entry-level trains as Lionel-Ives, then dropped the Ives name altogether following that year ...
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.
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.
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