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I happened across a 1995 news article on the sale of Lionel by Richard Kughn to Wellspring and Neil Young. Thought I'd share it for those interested in Lionel and model train history.

A few things stand out to me:

  • Lionel's sales tripled during Kughn's nine years of ownership.
  • Lionel, which then made most of its trains at its Chesterfield, Michigan, factory, had 600 employees at the time.
  • The article's hook is the involvement of Neil Young.

Lionel sale 1995 - news article

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  • Lionel sale 1995 - news article
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