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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.
Divisions and Chapters of TCA host local train meets or train shows on a schedule throughout the United States where members may buy, sell, trade trains, or just enjoy the fellowship of collecting. [10] Most shows are open to the public and may include educational segments, kids activities, and train doctors who can repair trains.
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 Wartime Freight Train; M. MTH Electric Trains; T. Trainmaster Command Control This page was last edited on 25 June 2019, at 13:46 (UTC). Text is available ...
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.
The Great Train Story (HO) - USA; Miniatur Wunderland — the world's largest model railway and airport [3] [4] (HO) - Hamburg, Germany; Miniature Railroad & Village - USA; Modelbane Europa (HO) - Hadsten, Denmark; Nassau Lionel Operating Engineers (O) - USA; National Railway Museum - a railway museum including a model railway (O) - York ...
Lionel resisted, and the fight drained the company of cash. Meanwhile, non-specialty discount stores expanded their toy sections and undercut the prices of specialty toy chains. Additionally, Lionel found it difficult to compete on price with the larger Toys "R" Us , and the chain attempted to expand too rapidly in a weakened economy.
Charles Ro Supply Company was established in and it started out as a beauty shop business of 4 salons with sixty hair-dressers but moved into the hobby business when Charles Ro, Sr. began selling used Lionel trains at one of the storefronts in Everett, Massachusetts. In 1972, Ro started purchasing directly from Lionel to sell them mail-order ...