Gilbert Company , American Flyer was initially an independent company whose origins date back nearly a half century earlier. Within two years, Lionel Corp. Gilbert offered conversion kits so that the new couplers could be mounted on the old trucks.
Except for updated versions of the whistling billboard and trackage, all of the products offered in the catalog had been designed under Gilbert's ownership. With the improved coupler, it also introduced its very realistic sintered metal trucks. Finally, a majority of the company was sold by the family to a holding company, the Wrather Group, in with A. It manufactured a wide variety of poorly designed and poorly conceived toys dolls, racing sets, games that sold slowly, if at all, and was nearly overwhelmed by store returns of defective merchandise. The new company is known as Lionel, LLC. But the smaller scale 1:
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Former Lionel treasurer Robert A. Finally, a majority of the company was sold by the family to a holding company, the Wrather Group, in with A. Initially American Flyer—aka "Chicago Flyer"—was something of a budget brand, undercutting the prices of Ives , which was at the time the market leader.
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For over a decade, Kughn moved both the Lionel and American Flyer brands forward, getting a shot of momentum from a resurgence in the toy train hobby in the early s. However, the company's rapid growth led to strains in the relationship between Hafner and Coleman. Initially, the Hafner and American Flyer product lines were very similar, suggesting they may have been built using the same tooling.
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