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Lionel made its trains larger than those of its competitors, making them appear a better value. Competitors criticized the lack of realism of Lionel's trains. Cowen had been unwilling to invest in the equipment necessary for lithography, so its early offerings were simply painted in solid colors of enamel paint with brass detail parts. Lionel ...
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 1680 tanker car, for instance, was an Ives design that remained in Lionel's catalogs right up to the start of World War II. Even more significantly, the Ives e-unit first introduced in 1924 lived on in Lionel locomotives, with a modified version of the Ives design first appearing in Lionel trains starting in 1933.
The deal was finalized on April 18, 2006, and Lionel made the announcement the following day. From 2006 through 2010, Lionel continued a limited run of K-Line trains called K-Line by Lionel, and issued separate K-Line by Lionel catalogs until 2010, when those products were folded into a section in Lionel's own catalog.
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. 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.
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.