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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.
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.
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.
MDK was founded in 1975 by Maury D. Klein. Like competitor MTH Electric Trains, MDK was a large Lionel dealer, and its mail-order ads appeared in magazines such as Model Railroader in the late 1970s. MDK first used the K-Line name on a line of aftermarket Lionel-compatible tubular track as well as a copy of the A.C. Gilbert American Flyer line ...
USA Trains started out as part of Charles Ro Supply Company, the biggest train store, as well as America's largest Lionel dealer. USA Trains is a family-run business , started by father and son Charles Ro senior and junior.
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 ...