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When Mike Wolf's retirement and MTH's closure was announced, I was shocked and heartbroken of the news. Growing up, my first ever MTH train set was the Pennsylvania Steam Turbine Freight Set. This was followed up by the TEXAS and GENERAL 4-4-0s among others. Given the recent announcement, I am concerned about a few things:

1. What will happen to all the replacement parts once the company shuts down?

2. Will there be alternative places to buy or repair your MTH products?

3. Will the remaining MTH products in dealers and hobby stores sell out quickly?

Any feedback or comments would be greatly appreciated.

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It is disappointing news for the hobby but is not a significant issue in the bigger picture.  If this is the only worry you have, consider yourself very fortunate.  As to the answers to your questions, they have already been beaten to death in other threads but the short version is no one knows.  My sense, given the volume of MTH product out there, is that solutions will emerge but time will tell.  Anyone saying more than that is dressing up guesswork or their personal preferences as analysis.  Take care.

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