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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.
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.
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.
William R. Haberlin is the man who made all of the tools and dies for the original Ives O-gauge ("O" gauge) clockwork train line in 1901. Aside from the patterns for the iron locomotives bodies (made by Charles A. Hotchkiss, mentioned in Model Craftsman - March 1944) and the clockwork mechanisms themselves (manufactured by The Reeves Manufacturing Company in New Haven, Connecticut, later in ...
K-Line Electric Trains is a brand name of O gauge and S gauge model railway locomotives, rolling stock, and buildings. Formerly the brand name under which Chapel Hill, North Carolina–based MDK Inc. sold its products, K-Line was then acquired by Sanda Kan, a Chinese toy manufacturer that formerly acted as K-Line's subcontractor.
By 2006, TMCC was replaced by the Cab-2 and the LEGACY system. TMCC today is used in Lionel products mainly in motorized units, switches, and some accessories. Lionel has since licensed TMCC to some of its competitors, including K-Line, and aftermarket circuit boards are available to add TMCC to O scale and S scale trains that lack the capability.