Lionel Corporation
It was founded in 1971 by Jerry Williams as a maker of reproductions of vintage Lionel and Ives Standard gauge trains. Williams had acquired some of the original tooling from the original Lionel Corporation after it sold the rights to the name to General Mills in 1969. In the 1980s Williams acquired tooling that had once belonged to Kusan, an obscure Lionel competitor from the 1950s, and its product line shifted to O scale. Williams eventually discontinued its tinplate offerings, selling the old Lionel tooling to the company that later became MTH Electric Trains.