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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.
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.
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.
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.
They also produced their own Mini-planes, Slot cars (to compete better with former rival Tyco Toys's own HO-scale trains and slot cars) marketed in both HO and a slightly smaller version of 1/32 scale cars and sets, with 1/32 scale track purchased from Strombecker Corporation, whom by the early 1970s closed down its slot car business; military ...
The most popular scale in Japan. For models of Shinkansen high speed trains and other systems using standard gauge track, the international N scale standard ratio of 1:160 is commonly used. TT9: 1:120: 9 mm (0.354 in) Used also in New Zealand. HOn 2 + 1 ⁄ 2: 1:87: 9 mm (0.354 in) Used for 2 ft 6 in (762 mm) narrow gauge. 13 mm: 1:80: 13 mm (0 ...
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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