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In May 1967, Lionel Corporation announced it had purchased the American Flyer name and tooling even though it was teetering on the brink of financial failure itself. A May 29, 1967, story in The Wall Street Journal made light of the deal, stating, "Two of the best-known railroads in the nation are merging and the Interstate Commerce Commission couldn't care less".
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 1922, Lionel was competing mainly against American Flyer and Ives Manufacturing Company. Also in 1922, Boucher bought out Voltamp and started making what was known as the "Rolls-Royce" of standard gauge trains. In 1925, American Flyer jumped into the standard gauge market; and by 1926, Dorfan started making their own standard gauge trains as ...
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. It ran on three-rail track whose running rails ...
In 1930, Lionel bought out American Flyer's share in Ives and closed the Ives factory in Connecticut, moving operations to Lionel's New Jersey factory. Lionel kept the Ives brand on the market through 1932, then repositioned Ives for 1933, branding its entry-level trains as Lionel-Ives, then dropped the Ives name altogether following that year ...
The Train Collectors Association (TCA) is an international non-profit organization of people who operate and collect toy trains, toy train accessories, toy train books, toy train paper, and anything else rail transport related. TCA was founded in October 1954 in Yardley, Pennsylvania and is currently headquartered in Strasburg, Pennsylvania.