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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, 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.
By the early 1970s, Lionel had purchased the chain and grew it to 150 stores, under the names Lionel Kiddie City, Lionel Playworld, and Lionel Toy Warehouse (rebranded as Lionel Kiddie City in 1990). For a time it was the second-largest toy store chain in the United States.
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 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 ...
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.