3/27/2023 0 Comments Lionel train set fundimensionsAlso starting in 1973, MPC experimented with a line of cars it called "Standard O," which were scaled to 1:48 (most postwar Lionel and MPC production was undersize for O scale). A number of MPC's changes to the product line endure to the present day, the most noticeable being the use of needlepoint axles and trucks made of Delrin, two changes made to reduce friction and allow longer trains. Detail was often sacrificed, and most of the remaining metal parts were replaced with molded plastic. The lease was renegotiated in 1974.ĭue to General Mills' cost-cutting measures, production of Lionel-branded toy and model trains returned to profitability, but sometimes at the expense of quality. The balance of the tooling was purchased on December 31, 1969. This deal included the purchase of a portion of the Lionel tooling and as part of the agreement, production & sale of the 1969 train product line would be handled by the Lionel Corporation. Lionel struck a deal with General Mills to lease the Lionel name for ten years starting in 1970. The Lionel Corporation became a holding company and invested in a number of ventures, including what would eventually become an East Coast chain of toy stores known as "Lionel Leisure World". General Mills did not buy the company, however. Lionel Corporation sold the tooling for its then-current product line and licensed the Lionel name to General Mills in 1969, who then operated Lionel as a division of its subsidiary Model Products Corporation, or MPC, beginning in 1970. Further information: Lionel Corporation MPC/General Mills era (1970–1986)
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