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In December 1968 Ronald Saypol, Joshua Cowen's former grandson-in-law, became President and CEO of the Lionel Corporation, and in the following year, in an attempt to divest the company of what was by then determined to be a cash drain by the board and shareholders, began negotiations to sell their toy train line and lease the Lionel name to ...
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.
Gold made an agreement with Lionel and completed a design for an all-paper product train in March 1943. It was sold for a retail price of $1 for the 1943 Christmas season, but disappeared soon afterwards due to poor customer response. Lionel began manufacturing its conventional products again beginning in late 1945.
William R. Haberlin is the man who made all of the tools and dies for the original Ives O-gauge ("O" gauge) clockwork train line in 1901. Aside from the patterns for the iron locomotives bodies (made by Charles A. Hotchkiss, mentioned in Model Craftsman - March 1944) and the clockwork mechanisms themselves (manufactured by The Reeves Manufacturing Company in New Haven, Connecticut, later in ...
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.
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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.