mth trains closing

M.T.H. The last two M.T.H. From what I read on the web, Mike Wolff wants to retire and an operating production agreement that MTH had with … Mon, 2020-06-08 18:38 — nickelplaterick. staff once direct M.T.H. support for the systems concludes on June 1, 2021. Trains President Mike Wolf has announced his May 2021 retirement and the subsequent closure of the company after 40 years in business. Trains President Mike Wolf has announced his May 2021 retirement and the subsequent closure of the company after 40 years in business. Mike's Train House (MTH) to go Out of Business. MTH got their start selling knock-offs of Lionel's products, MTH's DCS is TMCC compatible ONLY because Lionel made the technology open and would license it to other companies - then MTH CLOSED the DCS system and stated that if anyone reverse engineered their system they would sue them. It gives me much displeasure to announce that yesterday, the CEO of Mike's Train House (MTH), Mike Wolf, has announced his retirement and will be closing the company. Mike Wolf, President M.T.H. It is, therefore, with mixed emotions that I tell you I have decided to retire in 2021 and close the business. catalogs, our 2020 Volume 2 O Gauge catalog, and our 2020 HO catalog and all non-delivered items from our 2020 Volume 1 O Gauge catalog, 2020 Ready-to-Run Train Set catalog, 2019-2020 S Gauge catalog, and 2019-2020 G Gauge catalog will feature the last products produced by M.T.H. Hello Model Railroading community. Tue Jun 09, 2020 5:38 pm. If a buyer can be found relatively quickly they will stay in business. If not they will liquidate and the company will cease to exist. June 9, 2020 - With the scheduled closing of M.T.H. by Pensyfan19. In a recent zoom meeting of the Standard Gauge Module Association, Andy Edleman of MTH made it clear that Mike Wolf is retiring and MTH as it exists now is closing after May 31, 2021. See Archives. They have a plan in place to maintain warranty service and parts support uas they wind down. “It is, therefore, with mixed emotions that I tell you I have decided to retire in 2021 and close the business,” he said in a … Electric Trains. Electric Trains next year, support for the DCS Digital Command System and the Proto-Sound 3.0 onboard locomotive systems will continue through a new independent company headed up by current M.T.H. Modeling general discussion. So this came to me tonight 6/8/2020 and i don't know how long this has been known but, MTH is going to close their doors in 2020 unless another buyer continues the business. The 2020 Volume 2 catalog will be the last catalog which they will make. Weekly newsletters feature new products, videos and news plus peaks at upcoming specials! He also said the most valuable asset that MTH had was its building, and it was sold in February 2020 (for $14.5 million, so there's the down payment on the Dolphins). The last two M.T.H. Electric Trains. M.T.H. MTH, Mike's Train House Closing Their Doors in 2021. MTH sent this to their dealers ... DCS/Proto-Sound Lives On. MTH's founder, Mike Wolf, started assembling and selling trains at the age of 12 in 1973 for Williams Electric Trains, which had begun producing reproductions of vintage trains manufactured by Lionel Corporation, in the early 1970s. Tl;dr: MTH is closing down. “It is, therefore, with mixed emotions that I tell you I have decided to retire in 2021 and close the business,” he said … Stay in business 1, 2021 to exist have decided to retire in 2021 and close the.... To maintain warranty service and parts support uas they wind down concludes On june 1, 2021 you I decided! And the subsequent closure of the company after 40 years in business and the... 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