Forwarded by one of my Large Scale friends:Polk’s Will Close Its Doors 12-31-13October 1st, 2013Since 1935, we have provided service and innovation to the Hobby industry. In this latest downturn, we cut back staff to the minimum required to survive. Then the government battle over the debt ceiling drove the consumer market down even further.
We’ve managed to stay in business, but the continued depression for the consumer has caused us to fall into debt that is unsustainable. We have put several million dollars into product development over recent years, but the need for customers to cut back on non-essentials has caused this investment to be lacking in returns.
We have seen leisure activities like golf courses plunge in popularity, as funds for such recreation have dried up. It seems to be the same for hobby time investments. Our products are no longer inexpensive as they were in the 1930s-era Depression. The cost of manufacturing along with minimum production runs and long lead times has caused a lack of ability to continue as a sustainable entity. It’s no longer a business!
It has been a pleasure to help our creative consumer base to enjoy their hobby and we have no regrets in doing so. Our business grew every year until the 2008 as the recession caused a shrinking of the mindset to stay active in our large-scale model train arena. We know that smaller scales have remained viable, but the higher cost of Large Scale trains and the space required to run them have not maintained their share of the market. Our airplane R/C portion of our business was lost when our patented frequency changer was lost to the 2.4Ghz portion of the marketplace, with no frequency compounds needed any longer.
For 80 years, the Polk family has made a fair living in the Hobby industry. I can’t help but remember the scores of co-workers that have helped make this organization as special as it was. Thanks to them all, but notably: Gil Rose, B.M. Song, J.K. Kim, Sam Kimm, Tom Flynn, Cliff Crane, Charlie Binder, Marvin Binder, John and Sherry Shievdayal, Aixa Lebron, Joe Bamberger, David Newell, Walter Matuch, John Mikesh, Navin Shievdayal, Marguerite Hubert (Rose), Michael J. Vickey, Jonathan Polk, Scott Polk, Fred Polk, Irwin Polk, Nathan Polk, Maryann Polk Bob Calandra, George Adams, Michael Hauptmann and so many others, it would take a book to list them all. While I can’t list all the hundreds that were part of the team, they remain in my heart and mind.
Our humble thanks to our loyal customers. Our apologies for not being able to keep this almost 80-year-old business going. It’s a heartbreaker for us all.
All the best,The Polk Family
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What will happen to RMT?
What a shame!
I used to enjoy going to Polk's Hobby Shop in Manhattan back when it was a six story hobby shop, but that was years ago. The last time I was there, the store had been consolidated down to one floor, which may have been in the basement (its been quite a while).
It was earlier this year that I purchased my first RMT/Aristocraft trains. While certainly not scale, I thought they were well made, and an excellent value.
I hope the RMT line will continue.
Sad but not surprising.
What will happen to RMT?
I suppose we'll have to wait to hear from Walter about that.
I know some here will say "who cares...that's just Large Scale," but those folks need to wake up, smell the roses, and take a good look at the larger picture.
The Large Scale forums should be interesting this week.
Just received the email from Aristo-Craft early this morning. Anytime a legit business shuts down, it saddens me very much. Whether or not we operate large scale trains, it does affect people, first the employees and then us as a viable outlet is now gone. Personally, I don't have any large scale trains, but always liked the look of the items Scott and team had produced.
Hopefully, Walter will chime in later this morning. This summer have been purchasing some shadow rail for a train layout and was going to order more this week.
sorry to say i'm not that sad about losing one of the major manufacturers of out of scale (1:29) trains.
Cold...
Rusty
i said i'm sorry, not glad. i would have rather had them see the errors of their ways and switched to 1:32 scale. it surely would have attracted a number of buyers who, since MTH seems to have abandoned that scale, have very few options these days.
frankly i never saw their point. talk to 1:29 scale people and they pretty much say they don't care about scale. talk to #1 scale modelers and 1:29 is of no interest to them. unfortunately even leaving the hobby, they have already flooded the market with their products which will probably remain for quite some time to come.
This is definitely a sad situation for the hobby as a whole. It leaves me wondering who will be next.
Andy
This is sad. It's also a sad indicator of the real state of the economy.
Aristo did a lot for the hobby. It is a sad day.
That is an old name that appears in ancient ads in old MR's. I thought I had previously read on here that G scale was in trouble......LGB was gone...they're not kidding.
It is too bad as various companies disappear. I am not up on G trains, but besides USA trains (Charles Ro), who else makes G scale trains?
I remember Polk's very well. They were a block form the Empire State Bldg on 5th ave. Each floor had a different hobby.
It is too bad as various companies disappear. I am not up on G trains, but besides USA trains (Charles Ro), who else makes G scale trains?
high end 1:32 would be Aster (live steam).
Accucraft makes both narrow gauge (1:20.3) and standard gauge (1:32) trains for #1 gauge track, though i wish they would produce more rolling stock.
Mr. Burfle, don't you think it's about time we meet. How about 12 noon friday at Jeff & Alan's table in the blue hall???????????????????????????????????
G scale is what got me back into Model Railroading, and particularly the American rail designs that Aristocraft was doing vs LGB. The lack of new designs and operating accessories is what moved me back to O scale.
Bought one Aristo loco, several pieces of rolling stocks and good amount of track, transformers etcc from them.
The Polk's and their employees were good to deal with. This was easy to see coming though. Their farewell letter explains the economic environment well.
Sad to see them go.
I think part of the problem with this is that many of us have ALL THE TRAINS we will ever need. I am at that point. (Unless somebody makes an O S-70 LRT car for Houston METRO.) And I think that point comes quicker the larger scales. Sounds like the situation with Stardard trains in the 1930's.
A lot of G scale guys were attacking Aristo for different reasons. They won't be remembered. Aristo helped the scale and the hobby. It's sad if even part of the reason was due to this unfair, unbalanced attack.
G scale is a mess. I'm not sure it will ever straighten out. Time will tell. It may take more time than we have.
I know some here will say "who cares...that's just Large Scale," but those folks need to wake up, smell the roses, and take a good look at the larger picture.
Kinda the 'Canary in a Coal mine' if you will. The economy is always listed as 'returning' but real folks on the front line know different. This is a important event that I know other hobby biz folks sat up straight, as I did when I got the e-mail this AM, and start thinking about the future.
Please don't make this a politics battle....but part of this announcement may be based off what Polk's feels will happen in 2014. My insurance is going up....but my sister in law showed me her letter telling her her premium will go from $200 a month to $600 a month 1/1/14......think how that affects disposable income........
Sad on many levels......
PS....I have some Aristo G scale...PCC is fantastic.....nice rolling stock...glad I bought them.
G scale is a mess. I'm not sure it will ever straighten out. Time will tell. It may take more time than we have.
You're so right. I lost all interest in G "scale" when the manufacturers decided that "G scale" (aka "large scale") meant anything they wanted it to mean.
But to keep on the original topic, the loss of Polk's is bad news for us all.
A lot of G scale guys were attacking Aristo for different reasons. They won't be remembered. Aristo helped the scale and the hobby. It's sad if even part of the reason was due to this unfair, unbalanced attack.
G scale is a mess. I'm not sure it will ever straighten out. Time will tell. It may take more time than we have.
If you kept the 1:29 stuff away and on its own from all the other proportions used in G, the Aristo stuff didn't look too bad.
And it's not like O gauge is immune from running different proportioned trains on the same track, from the undersized "traditional" to the oversized K-Line Shays and Porters and everthing inbetween...
Rusty
A real shame.
What will happen to RMT?
Maybe that's what all the big sales are about, clearing out the inventory! I hope they're still going to be around...
Nobody likes to see a business fold but I was puzzled that the main reason given was the federal debt ceiling battle?
i owed a number of their rolling Stock items and thought they looked very good,used them with some aster 1/32 scale engines.
my own business was crippled by the 2008 downturn , it limps along now.
Fred
I sure don't think the economy is in recovery and most folks I talk to don't believe it is either.
RMT, Williams, and Lionel has been offering big time blow outs the entire year, certainly not a indication of a healthy business base.
Thanks to the Polk family and many others that gave the hobby community so many great trains and other products for the 80+ years. So sad to see a company away.
Sorry to learn of Polk's demise. I wish them the best.
I'm hoping that RMT will survive or spin off.
RMT products under Walter's leadership with his enthusiasm for our hobby is something that I will miss should they go out with Polk's.
I re-read the email I got this morning and still got the impression that they're referring to the retail hobby shop Polk's (who's Google listing specifies R/C planes and G-gauge trains) and not the manufacturer Aristo-Craft. Anyone else get that interpretation?
---PCJ
I re-read the email I got this morning and still got the impression that they're referring to the retail hobby shop Polk's (who's Google listing specifies R/C planes and G-gauge trains) and not the manufacturer Aristo-Craft. Anyone else get that interpretation?
---PCJ
I got the e-mail this AM....I just went back and read again. I seems the business itself not just a retail shop. Talking manufacture cost and loss of proprietary products makes it sound like the company not a shop....but that's just me.
Sounds to me like it's the whole shooting match.
Here's the on-line version of the announcement: http://secure.campaigner.com/C...n8b-i0f6h09&_v=2
The "several million" in R&D doesn't sound like a retail shop expenditure.
It is the entire Aristo-Craft operation. How it impacts RMT is not known at this point, but Ed is seeking clarification.
Sad to hear. There goes my plan to buy some of their LS stuff in a few years after my O layout was done. But then it may not matter much, if my premiums go up any more, I'll be dropping out of the model train hobby all together as I won't even have the monies for my needs, let alone my wants.
I called this morning for parts..nobody answered the phone. *($#!!!
Now I have more orphans,,makes you wonder who is next..Here comes the musical chairs..who will buy the assets..Or maybe no one will..No wonder RMT had a continual fire sale these last months.
This is sad. I have been out of G since I went over to O back when Lionel's Fastrack was new. They have been an important part of the hobby for a long time.
Best wishes to the Polk/Aristo folks.
Here is to hoping that Walter can make a separate go of it with RMT. -Ken
What will become of the Train Engineer remote control command system?
Was that part of Aristo Craft also?
I hate to say it, but when Aristo went direct and then RMT it is the "kiss of death" for any company. You need a inferstructure of retailers to support your line. You can't sell direct at a lower cost than your dealers and expect them to reorder. How can you sell a track line direct as RMT was doing? It needs to be in retailers. As for G scale, it was way over saturated market. Only the outdoor railroaders survived. It lent it's self to to large a indoor layout and almost impossible to collect. In a declining market the manf.'s wound up competing with their past products. There was too much out there. I wish Scott and Walter the best.
Charlie,
I think you hit the nail on the head. When you undercut your dealers, you end up with no infrastructure for your sales. After seeing what Lionel and MTH is doing, especially Lionel..I hope they don't end up the same way.