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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.
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.
Neil Young's involvement in Liontech was the direct reason for his becoming aware of Kughn's putting Lionel Trains, Inc. up for sale in early 1995. Young saw an opportunity to become at least part owner in the company he revered, and working with Liontech team member Jim Bunte, assembled a marketing plan to attract investors to help underwrite ...
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.
Also in 2007 Lionel started to sell American Flyer track, the popular 19" radius curve remaining unavailable to this day. In 2008, Lionel released an American Flyer Big Boy with TMCC and Railsounds. The license to manufacture the track had been held by Maury Klein, whose K-Line brand of 0 gauge trains competed against Lionel in the toy train ...
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 ...