Is MTH trains going out of business?

Is MTH trains going out of business?

M.T.H. Trains President Mike Wolf has announced his May 2021 retirement and the subsequent closure of the company after 40 years in business. “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 June 8, 2020 letter to the industry.

Can you still buy MTH trains?

The train company will continue to operate as M.T.H. Electric Trains – marketing and producing new model train products – after many discussions with various companies to purchase the entire portfolio of M.T.H. tooling were unsuccessful.

What scale is M.T.H. O gauge?

MTH, founded in 1980, began in a bedroom and expanded to scale and semi-scale trains. These steam locomotives in the popular O gauge scale are 1/48 the size of life-size trains.

Who is buying MTH trains?

Atlas Model Railroad Company Inc.
Atlas Model Railroad Company Inc. has purchased a selection of the tooling for M.T.H. Electric Trains’ Premier O scale locomotive and rolling stock lines, as well as some of M.T.H.’s RailKing accessories.

What has happened to MTH trains?

After four decades in business, M.T.H. Electric Trains is closing. President Mike Wolf announced Monday that he is retiring, shuttering the business in May 2021 but leaving the door open to prospective buyers to form a new company.

Did Atlas buy MTH trains?

Hillside, NJ – Atlas Model Railroad Company, Inc. is proud to announce the purchase of a variety of tooling in the M.T.H. Premier O Scale Locomotive and Rolling Stock lines from M.T.H. Electric Trains of Columbia, MD.

Are MTH trains made in China?

These days, MTH’s 120,000-square-foot building, which once received and processed nearly 200 container loads of trains made in South Korea and China annually, is unloading two-thirds as many. From a high of 127 employees, MTH is down to 57. Unoccupied desks make some departments look like ghost towns.

What will happen to M.T.H. DCS?

staff once direct M.T.H. support for the systems concludes on June 1, 2021. The new tech company will continue to manufacture and provide support including any necessary software updates to the DCS hardware or DCS WiFi App. In fact, new and exciting product ideas are currently under development.