Lionel Corporation
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Website. lionel .com. 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 ...
Lionel trains have been produced since 1900, and their trains were admired by model railroaders around the world for the solidity of their construction and the authenticity of their detail. During its peak years in the 1950s, the company sold $25 million worth of trains per year.
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.
A Lionel catalog exists showing Standard Gauge with a post mark that appears to indicate 1906; however, most collectors feel that production did not begin until 1907, and that Lionel manufactured their 2 7/8 inch gauge line through 1906.
In 2009, Lionel Electric Trains (Lionel, LLC) and MTH Electric Trains began working together under the Lionel Corporation banner. For three decades, MTH Trains had been making Tinplate Reproductions of trains, but did not have the authentic Lionel and American Flyer graphics on the models and boxes.
The Ives Manufacturing Company, an American toy manufacturer from 1868 to 1932, was the largest manufacturer of toy trains in the United States from 1910 until 1924, when Lionel Corporation overtook it in sales.