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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.
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 ...
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.
In early 2014, Model Power was acquired by Model Rectifier Corporation (MRC). The company continued to make the Mantua Classics line. (The locomotives are also available with DCC and sound.) In 2018, MRC sold its line of HO model trains to Lionel Corporation who slowly reintroduced the line under their own name. [citation needed]
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.
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.