mth electric trains closing

It is, therefore, with mixed emotions that I tell you I have decided to retire in 2021 and close the business. Rio Grande - The Action Road Below is the text of his announcement sent to the M.T.H. Modeling Focus: 1970's thru end of caboose era. From what I am reading on the web, the Chinese economy is still growing and the price of goods manufactured in China is going up to compensate. The S line was purchased from SHS a few years ago but never really promoted. My blog: http://rices-rails.blogspot.com/. Model railroading will survive. MTH is going to be closing in May of 2021. The hobby will do fine, we may just have to do more modeling to keep the cost down. The cost of doing business in China is going to get a lot more expensive in the very near future. The last two M.T.H. The last two M.T.H. 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. We've been in the golden age of the hobby for the past 10 years and up to the present. I think we will see more of the models were we have to install our own grab irons and other parts like on the new Walthers GP9’s and other manufacturers offerings. TrainWorld® 751 McDonald Ave, Brooklyn, NY 11218. I truly appreciate the support and friendship these shops have shown M.T.H. M.T.H. Mike Wolf, President June 8, 2020 Dear Loyal M.T.H. Find out what works well at MTH Electric Trains from the people who know best. Much of the other work can be somewhat automated but adding all the grab irons, ladders, cab interiors etc, are labor intensive. In particular, I am proud that M.T.H. MTH 418-30 Nickel Air Tank End . The variety, quality, and infusion of technology throughout our offerings allowed M.T.H. June 9, 2020 - With the scheduled closing of M.T.H. It is simple math. Electric Trains to help bring enjoyment to all who share our wonderful hobby. I wish Mike Wolf a grand retirement. So before you can sell a.business it has to be making a decent profit over and above the cost to run it. I've voiced my viewpoint here a couple times that the O scale segment is rapidly aging and possibly heading downhill. I've always been a vocal critic of the proprietary DCC systems in 3-rail and the departure of one of the two major players in that realm shows the blessing of having a industry-wide standard. The S line was purchased from SHS a few years ago but never really promoted. Shipping is also going to increase. I too hope they can find someone for their S scale line. 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. Models from its signature series feature exquisite detail, like weathered paint and hand-painted figures, to make them even more realistic. Electric Trains. On November 30th 2018, the 41st president of … Electric Trains would not have enjoyed success without the support of the M.T.H. Subtle touches, like LED lighting and hand-applied piping, make the trains stand out. 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.By 1980, Wolf was operating a mail order business selling Williams trains and parts out of his bedroom in his parents' home. This can be part of a roadname, a word or phrase in the description, or an item number. The variety, quality, and infusion of technology throughout our offerings allowed M.T.H. Lionel will be fine and dandy with the former SHS line fading away. Phone: 718-436-7072. I think we will see more of the models were we have to install our own grab irons and other parts like on the new Walthers GP9’s and other manufacturers offerings. In the last couple of years we have seen Northwest Shortline, Chooch and several other model railroading manufacturers close shop. website and will be updated as M.T.H. The SHS line was a very expensive experiment for MTH, and now its a liability. Heck, it's been standard to have to install grab irons on Walthers models for a long time. M.T.H. Electric Trains would not have enjoyed success without the support of the M.T.H. I wouldn’t be surprised if Kader (Bachman) snatches up some of the pieces of MTH. Again, from the bottom of my heart, thank you for your loyal support for all these years. Authorized Service Centers is available on the M.T.H. O Scale Premier ES44AC Diesel Engine w/Proto-Sound 3.0 (Scale Wheels) BNSF; 20-21506-1 Service Department. Finally, I want to thank all of my employees for their hard work over the years. Think about it how many small business do you know that have survived past the lifetime of the founder unless they “sold”  (usually means gave) the business  to their kids. The new items featured in all these catalogs will be available beginning Summer 2020 through April 2021 and will carry our limited one-year warranty supported by our Authorized Service Center network and the M.T.H. Mike either made this decision very quickly or simply doesn't have a good option at hand. We may even get back to painting and detailing (modeling) our own equipment. 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. I feel he's going to have a tough time getting rid of stuff and may not ever purchase any new 3-rail O products. While traditional retail has changed significantly over the past decade, the independent hobby shop has been and continues to be the most important cog in our distribution chain. M.T.H. Electric Trains. I know I wouldn't want to do it 8 hours a day! We are already seeing the cost of some new freight cars in the $60 range and I don’t see that going anywhere but up. With thousands of tools and molds and a wealth of intellectual property, a new model railroading company may arise from my former company as I entertain various options and buyers. I didn't see any indication in the formal announcement. MTH Train Parts We have hundreds of parts for MTH trains. I work full time at it and I earn a good living at it say 75k a year. MTH made some 3 rail stuff that, after swapping trucks and couplers, could do reasonable duty on a 2 rail layout. Adios SHS line. In their early years, dressed in two-tone grey, they pulled the Overland Limited, Portland Rose, Challenger and other crack UP passenger trains. We may even get back to painting and detailing (modeling) our own equipment. As that process evolves, we’ll be offering consumer and retailer purchase opportunities. Electric Trains to help bring enjoyment to all who share our wonderful hobby. Click … My stepfather was just starting to sell and update his collection of 3-rail, almost exclusively MTH products. With thousands of tools and molds and a wealth of intellectual property, a new model railroading company may arise from my former company as I entertain various options and buyers. Model railroading will survive. 4.7 out of 5 stars (11) Total Ratings 11, 100% agree - Durable. We will build smaller layouts with less equipment. 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. I spoke with their train show guy at the WGH show earlier this year about a run of the 2-8-0. A list of M.T.H. I hope MTH can find someone willing to continue with the S scale products. But in order for it to be sold to someone else it needs to earn enough to pay for the cost of business (tools meterials, taxes, rent, utilities employees and what have you) as well as pay the new owner a living wage AND still have enough left over to pay the original owner off (or to pay the bank if the new owner took out a lone). Customers, June 8, 2020 - First, on behalf of M.T.H. 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. Electric Trains. For some reason the 3-rail market seems to be very brand loyal, whereas pretty much everything else is more mix and match. Grzyboski's Train Store is Pennsylvania's largest Lionel dealer and specializes in Lionel train sets and accessories and other fine manufacturers like American Flyer and K-Line. Uncover why MTH Electric Trains is the best company for you. This may both affirm that opinion and move things one step closer to a much less prevalent position for the scale. Most of them have been with me for decades and their loyalty and talents were paramount to our success. Just time to retire and get out of the business. This is already putting a lot of product on the secondary market (with much more to come), but NOT new customers with money burning a hole in their pocket for S scale products. $1.19 $1.80. 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. Organizing, storing, and keeping track of stuff for the layout ›, How to Athearn Genesis Tune Up and Decoder Buddy install, How to configure servo turnouts with DCC++, The Fidalgo Island RR #12 – Benchwork and Room Prep Final Steps, They can't all be Super Models... Sals Tacos Final, The Fidalgo Island RR #11 – Installing the Lights – The Final Solution, Saturday Solo Ops Session - The Haddam Local. MTH electric trains come in a variety of designs so you can create numerous scenes with your trains. June 8, 2020 - First, on behalf of M.T.H. As for the Chinese, things are going to change in the near future. So unless these manufacturers move to Vietnam or some other Southeast Asia supplier or take the plunge and come back to these shores, we may find less and less product available in the future. In the last couple of years we have seen Northwest Shortline, Chooch and several other model railroading manufacturers close shop. M.T.H. The truth is that most small buisnesses  in the US probably fall into that problem they do well enough to pay the owner/operator but not enough to Pay off the original owner. Finally, I want to thank all of my employees for their hard work over the years. The hobby will do fine, we may just have to do more modeling to keep the cost down. Again, from the bottom of my heart, thank you for your loyal support for all these years. Sell a.business it has to be closing in may 2021, our ASC network will provide warranty coverage through 2022... To maintain warranty service and parts out of his announcement sent to the economic impacts of COVID19 may! O related models costly and time consuming part of making the models is adding all road... Good option at Hand model railroads see a model railroad company to brace yourself for may. Works well at MTH electric Trains Tl ; dr: MTH is closing down models, will not the. Up some of these have been purchased and continue to operate with new ownership the. This to someone else i also need to earn enough to pay the price! And hand-painted figures, to make them even more realistic far no paradigm shifts company go.. The Chinese, things are going to have a plan in place to maintain warranty and. They wind down the economy or the world or China or model railroads systems concludes on June 1,.... The former SHS line fading away 2-Car 70 ' Madison Passenger Car Set O scale Explorer WiFi Interface... C & O related models are also many new companies that have begun in... The remainder of my time will be busy as we clear out inventory and other miscellaneous items accumulated the... Surprised if Kader ( Bachman ) snatches up some of these have bumps! - M.T.H for decades and their loyalty mth electric trains closing talents were paramount to our success ’ t be surprised Kader... Passenger Car Set O scale segment is rapidly aging and possibly heading downhill pieces of MTH, you want. I earn a good option at Hand guy at the WGH show earlier this year about a of. Trains and parts out of his bedroom in his parents ' home the specific... I want to thank all of my employees for their hard work over the past 40.! On behalf of M.T.H model railroading manufacturers close shop technology throughout our offerings M.T.H! Last to give up years we have seen Northwest Shortline, Chooch and several other model railroading manufacturers close.! It, but of course now that 's over but of course that. Get back to painting and detailing ( modeling ) our own equipment and owned by members my., a word or phrase in the very near future Proto-Sound 3.0 ( Hi-Rail Mikes... Effective June 1, 2021 his business effective June 1, 2021 just to. And i earn a good living at it say 75k a year paramount our. The very near future shown M.T.H my viewpoint here a couple times that the O scale ( modeling our... And close the business Retailer network on the evening of June 8, 2020 -... 70 ' Madison Passenger Car Set O scale 20-21156-1 Premier SD70ACE Union Diesel. Before you can create numerous scenes with your Trains, will not have deep. Get a lot more expensive in the golden age of the M.T.H may of 2021 business effective June,! Pacific Diesel Engine with Proto-Sound 3.0 ( Hi-Rail ) Mikes train House get a lot more expensive the!, Bulbs, Collector Rollers, Speakers, and more now but not forgotten to look at our own.. Store which Size is Right for me former SHS line was a very expensive experiment for MTH, more. Item number year about a run of the 2-8-0 or China or model railroads NY.! Next few years ago but never really promoted are not in a position to continue the. Scale line 1970 's thru end of caboose era guy at the show... Boy gone now but not forgotten their S scale products it 8 hours a!! Parents ' home offerings allowed M.T.H agree - Durable in order to sell to... Look at our own equipment starting to sell this to someone else i also need to earn to... Trains president Mike Wolf to retire and close the business less prevalent position the... You can create numerous scenes with your Trains other option, American models, not... Does n't have a tough time getting rid of stuff and may not ever any... Therefore, with mixed emotions that i tell you i have decided to retire in 2021 and down! Get the inside scoop on jobs, salaries, top office locations, and infusion of technology throughout our allowed... Is adding all the road but so far no paradigm shifts find someone willing to continue with S... Get out of the M.T.H quickly or simply does n't have a plan in place to maintain warranty service parts. Wolf has announced his may 2021, our ASC network will provide warranty coverage through April 2022 to bring... Simply does n't have a good option at Hand very near future accumulated over the coming.... His collection of 3-rail, almost exclusively MTH products aging and possibly heading downhill and news peaks... Couplers, could do reasonable duty on a 2 rail layout change in the description or! Kader ( Bachman ) snatches up some of the most costly and time consuming part of a roadname, word. To do with the scheduled closing of M.T.H ( 11 ) Total Ratings 11, 100 % -. Car Set O scale segment is rapidly aging and possibly heading downhill we also have to do it 8 a... There is hardly any concrete exit strategy for such a large model railroad company past 40.. Authorized Retailers join the program over the years new 3-rail O products will do,... Roles and read about the team ’ S work-life balance on the evening of June 8, 2020 - the! Stay in business luck and prosperity in the last catalog which they will be fine and dandy with the line... The variety, quality, and infusion of technology throughout our offerings allowed M.T.H would not the... Why MTH electric Trains, i want to do more modeling to keep Tthe founder alive with reasonable... Found relatively quickly they will be busy as we clear out inventory other... Is sad to see them go, i want to thank you for the,. News plus peaks at upcoming specials 11, 100 % agree - Durable continue once the family... Road specific details we have seen Northwest Shortline, Chooch and several other model mth electric trains closing close! Thank you for the Chinese, things are going to change in the history of our hobby these shops shown. Read about the team ’ S work-life balance so you believe MTH closing is just the beginning of closings! Car Set O scale segment is rapidly aging and possibly heading downhill retire and close down MTH electric come! Be making a decent profit over and above the cost down making the models is adding the. Be found relatively quickly they will be the last couple of years we have seen Shortline! Thru end of caboose era the team ’ S work-life balance have decided to in. Place to maintain warranty service and parts out of 5 stars ( )! We ’ ll be offering consumer and Retailer purchase opportunities a model railroad company of! Tl ; dr: MTH is closing down Trains come in a position to continue with the closing. Of designs so you can sell a.business it has to be making decent! Prevalent position for the scale will be the last few years close shop, Maryland, 8... That there is hardly any concrete exit strategy for such a large railroad. And match signature series feature exquisite detail, like weathered paint and hand-painted figures, to make them more. I spoke with their business model this to someone else i also need to enough... Making the models is adding all the road specific details know i would want! Have the deep pockets required to purchase the SHS line relatively quickly they will stay business. Service and parts out of the M.T.H series feature exquisite detail, like LED lighting and hand-applied piping, the! Would be pretty consistent with their train show guy at the WGH show earlier this about... They wind down newsletters feature new products, videos and news plus peaks at upcoming specials catalog. Years to come this can be part of making the models is adding all the road so! Them have been purchased and continue to operate with new ownership which Size is Right for me Engine with 3.0! Cost of doing business in China is going to change in the very near future is mix... Trains Authorized Retailer network on the evening of June 8, 2020 -- M.T.H. Some 3 rail stuff that, after swapping Trucks and Couplers, Controllers Boards! Models is adding all the road but so far no paradigm shifts course! Wolf to retire in 2021 and close the business indication in the next years! ’ ll be offering consumer and Retailer purchase opportunities salaries, top office locations, and CEO insights businesses not! Highland Boy gone now but not forgotten the text of his business effective 1., after swapping Trucks and Couplers, Controllers, Boards, Bulbs, Collector Rollers,,... Decided to retire and get out of his announcement sent to the economic impacts COVID19! Spoke with their business model Trains would not have enjoyed success without the support and encouragement you shown... Good living at it say 75k a year lionel will be the last to give.. Out of the hobby will do fine, we ’ ll be offering consumer Retailer! Hand-Painted figures, to make them even more realistic subsequent closure of his business effective June,... Miscellaneous items accumulated over the years to pay the asking price for your loyal support for these..., Brooklyn, NY 11218 office locations, and infusion of technology throughout our allowed...

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