Lionel Corporation
In 1979, General Mills resurrected the American Flyer brand and product line, which Lionel Corporation had originally purchased in 1967 from its bankrupt competitor (The A. C. Gilbert Company of New Haven, Connecticut). American Flyer products by Gilbert made after World War II are scaled roughly to a 1:64 proportion and are known as S gauge; their most distinctive feature, however, is that they operate on two-rail track as opposed to Lionel's three-rail trackage system.