O SCALE MODEL TRAINS
1987 - PRESENT



Lionel model trains changed hands in 1995, controlling interest in the Lionel model trains company was sold to an investment group that included rock star Neil Young The new company became known as Lionel LLC.

Additionally, Young, who had a 20% stake in the company, helped finance the development of Trainmaster Command Control, a technology similar to Digital Command Control which permits, among other things, the operation of Lionel trains by remote control. In order to proliferate this standard, Lionel has licensed it to several of its competitors, including K-Line. This technology was the brainchild of Neil Young.

In 2001, Lionel closed its last manufacturing plant in the United States, outsourcing production to Korea and China. While this move proved unpopular with some longtime fans, the backlash was minor in comparison to the failed move of production to Mexico in the 1980s. The company also licensed the Lionel name to numerous third parties, who have marketed various Lionel-branded products since 1995. Having just emerged from bankruptcy in May 2008, no formal statement has been forthcoming of Neil Young's interest or shareholder status.
Model Railroads Book


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