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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.
The licensing agreement between M.T.H. and Lionel LLC to manufacture tinplate trains with the Lionel logo were terminated in 2019. While an option to continue the relationship was proffered, the renewal terms offered by Lionel for an extension beyond 2019 were not conducive for any future M.T.H. tinplate plans. Classic Toy Trains (March 1994).
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 H-8s also handled coal trains and time freights from West Virginia to Columbus and Toledo, Ohio alongside the older T-1s. Here, the ruling grade was a slightly stiffer, but much shorter one-and-a-quarter mile of 0.7% trackage west through Limeville, Kentucky leading up to the bridge over the Ohio River , and the H-8s were rated for 13,500 ...
When the George Washington was inaugurated as C&O's top-notch train on April 30, 1932, it was one of only two all-air-conditioned, long-distance trains operating in America. (the other was the Baltimore and Ohio Railroad's Capitol Limited, which was instituted as an all-air-conditioned train only a week or so before the George Washington).
It also has a 16" gauge Allan Herschell Park Train riding train from the LIRR Pavilion of the 1964 - 1965 World's Fair. Located in the Freeman North Exhibit Hall, a renovated warehouse on the property, is the Historic Lionel Layout, an "O" Gauge model train layout donated to the Museum by Lionel L.L.C. in 2009.