Another Chinese Bankruptcy Brewing?

railtwister Feb 16, 2013

  1. railtwister

    railtwister TrainBoard Member

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    While at my LHS last week, I heard a rumor that yet another Chinese manufacturer who provides product for a major US model train company is in trouble, and will likely file for bankruptcy as soon as the Chinese New Year celebration comes to an end. The American Company involved in this story has been the subject of many rumors for so long now, I'm wondering if anyone else has heard similar rumors?

    Bill in FtL
     
  2. nanotheater

    nanotheater New Member

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    Well that's so vague, the answer has to be; 'Yes'
     
  3. Logtrain

    Logtrain TrainBoard Member

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    What co is going be affected by this BK?
     
  4. COverton

    COverton TrainBoard Supporter

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    "..a major US model train company..." , cwwrman, as clearly stated. Sheesh....
    :teeth:
     
  5. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    Yup. If true, could just be a firm located somewhere between the Pacific and Atlantic Oceans, Canada and Mexico.
     
  6. ScaleCraft

    ScaleCraft TrainBoard Member

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  7. Logtrain

    Logtrain TrainBoard Member

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    If my hunches are right, and I hope they aren't, it is the company from NJ.
     
  8. JNXT 7707

    JNXT 7707 TrainBoard Member

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    OK I'll bite. Who is the company from NJ?
     
  9. Shortround

    Shortround Permanently dispatched

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    I know Atlas is have quality issues with there China supplier of tracks.
     
  10. wcfn100

    wcfn100 TrainBoard Member

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    If this came from a LHS then it's probably 2 year old information.

    Jason
     
  11. ScaleCraft

    ScaleCraft TrainBoard Member

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    There is one company...in New Jersey...who, if you believe even half the reports over the years, has been on the ropes for a long, long time.
    I think I know the one you're referring to.....the one I'm thinking of is about a mile north.
    I made some calls....know some folks in the biz....while there are many problems, he was not aware of another PRC train manufacturer getting ready to go under.
    Now we watch, and see if it's two-year-old information, or something just under the radar.
    Dave
     
  12. MisterBeasley

    MisterBeasley TrainBoard Supporter

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    Unfortunately, the only way to get up-to-date information in the model railroad world is to pre-order it.
     
  13. r_i_straw

    r_i_straw Mostly N Scale Staff Member

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    Wait, wait, hold the presses. According to my Ouija Board the company involved is........


    O...


    N...


    A...


    H...


    E...


    M

    OK, that does not make any sense.
     
  14. GP30

    GP30 TrainBoard Member

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    Calling up on the higher powers of Ouija board decipher-ating.....

    ooooohhhhmmmmmmmm


    oooohhhhmmmmmmmmm

    ooooohhhhmmmmmmmm

    O.N.A.H.E.M = Mehano?

    This does sound like 2 year old information, however.
     
  15. BoxcabE50

    BoxcabE50 HOn30 & N Scales Staff Member TrainBoard Supporter

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    I have been trying my Ouija board all day. But the only prediction which is coming forth is about some ship named Titanic hitting an iceberg, then sinking... We'd better warn people about that!
     

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