Lionel INC or LLC?

[magicman710]

I see on alot of Lionel products, mainly controllers, say 'Lionel Inc.' I thought that Inc was back in the 80s or something. Why is it on the products now? Excess inventory?

[1688torpedo]

 Hello Grayson!      You're thinking of "Lionel Train's Incorporated" or LTI as the nickname. This was Lionel's Corporate name after Richard Kughn took over in 1986 & late 1995 Neil Young & Wellspring changed it Lionel Limited Liability Corporation or LLC which gives a company certain Tax & Financial benefits for its own good. Maybe some Accountant here can explain the in's & out's of the benefits better. Take Care.

[chuck]

If the parts were injected molded, the cost of modifying the tool may not be worth it to modify to reflect the new name of the company.