QUOTE: Originally posted by Roadtrp QUOTE: Originally posted by Sask_Tinplater What NDTN says is right about Tyler Company, however the Tyco that's got all the financial scalndals and problems is actually the original Tyco. The original Tyco HO train and slot car line that was started by John Tyler in the 50's (slot cars came in the 60's) was bought by a company called Consolidated Foods in 1970. In the 80's they officially became Tyco Industries. At this time they started expanding their product line to include other toys. Gradually, these other toys began to take over their product line and the kept making less and less trains. The last year Tyco sold HO trains was in 1993. By that time it was down to only 3 sets, period (no extra engines, cars, track, etc.). The old Tyco tooling now belongs to Mehano (they make trains for IHC). I actually think that Tyco deserves all the problems they have now for abandoning their roots and what got them started in the first place (trains!). I believe Sask is mistaken on this one. He is correct about John Tyler's company being bought by Consolidated Foods, and the toy making division taking the name Tyco Industries. BUT... The Tyco that is in the headlines is not Tyco Industries, but Tyco International, which never had anything to do with Tyco trains or any other toy product line. You can get more information on Tyco International here: http://www.tyco.com/tyco/history.asp
QUOTE: Originally posted by Sask_Tinplater What NDTN says is right about Tyler Company, however the Tyco that's got all the financial scalndals and problems is actually the original Tyco. The original Tyco HO train and slot car line that was started by John Tyler in the 50's (slot cars came in the 60's) was bought by a company called Consolidated Foods in 1970. In the 80's they officially became Tyco Industries. At this time they started expanding their product line to include other toys. Gradually, these other toys began to take over their product line and the kept making less and less trains. The last year Tyco sold HO trains was in 1993. By that time it was down to only 3 sets, period (no extra engines, cars, track, etc.). The old Tyco tooling now belongs to Mehano (they make trains for IHC). I actually think that Tyco deserves all the problems they have now for abandoning their roots and what got them started in the first place (trains!).
QUOTE: Originally posted by bill mathewson Not every CEO behaves like this. . .
QUOTE: Originally posted by deschane along with Enron and other large corps showing how greedy they are. . .