Status of MTH

Good question!  Unfortunately I don't know anything regarding today's MTH and their future plans.

The short version...  Mike Wolf wanted to sell the company and retire.  Found out that nobody was willing to pay what he wanted.  Sold some tooling to Atlas and some to Lionel.  Mike Reagan is now running the parts operation, and there is another group working on DCS.  BTO and custom runs are still being done.  Warranty is basically to return it for replacement (if still available) or refund.

MTH is still alive and making trains. Not as many as before, but still bring out new stuff weekly. Sign up for their news letter and you will get a scoop of what's new available. True they did sell some tooling to L and A, Some of their S scale tooling also. What became of the HO tooling I don't know.  The European tooling both O and HO was sold to one of the European manufacture's but I forgot which ones.  Best they did sell some of the tooling off, because they wouldn't have the capacity to bring all of it back, and at least some of the old engines will be available again.

All the S and HO was sold to Scale Trains in late 2020. Both gauges are now in production by Scale Trains.

Thank you for the info.  I get the daily MTH newsletters and I have some of the new releases, especially the custom runs.  I am anxious to see if they ever do any new tooling again.  In any case I am glad they are still in business to some extent.

In my opinion, the true measure of MTH's success and contribution to the hobby is the amount of its tooling that's been acquired by other manufacturers. MTH made models of locomotives that others did not. I would have preferred to see MTH retain its tooling but it's still making high quality steam and diesel locomotive models and Railking has been been upgraded to Railking Imperial. It's not clear that new tooling will appear from any of the manufacturers but I'm still willing to buy models of what MTH is making now. The MTH Premier Heavy Pacific models that were announced a few months ago are a case in point. I'm looking forward to the New York Central version.

MELGAR

Much to our chagrin, it's hard to argue with any of the train company's owners' decisions to scale back, be it Williams/WBB, K-Line, Weaver, 3rd Rail, or MTH. MTH and the others made some great products.

Same goes for the retail side that has seen more store closings than new openings. I really hand it to Menard's moving ahead with the wind in their face.

Tough industry. New products are capital intensive and the seemingly infinite road names makes production inefficient. Also, I can't think of another industry with more competition from the used market.