Atlas Model Railroad Company, Inc., and Wm. K. Walthers, Inc. have reached an agreement under which Atlas will purchase all N-scale locomotive and rolling stock tooling owned by Walthers, including the Walthers and Life-Like lines.

Atlas will incorporate the tooling into its Atlas Master, Atlas Classic, and Trainman N scale lines, the company said in a statement today. Walthers will continue to offer N-scale items in its Cornerstone, SceneMaster, and Walthers Controls brands, including new items as well as items currently in those lines.

“We feel that this tooling has found a great home with Atlas,” Wm. K. Walthers President Phil Walthers said. “They have a strong N-scale offering and these tools will help them bring some exceptional products back to the market.”

Tom Haedrich, Executive Chairman at Atlas said the tooling fits right in with the company’s existing N-scale lines. “We are committed to producing them with the latest technology, prototypical accuracy, and high quality you’ve come to expect from Atlas,” he said.

Established in 1932, Wm. K. Walthers, Inc. distributes model trains, accessories, and related items from more than 200 manufacturers, and also manufactures its own exclusive items for its WalthersProto, WalthersMainline, WalthersTrainline, Cornerstone, SceneMaster, Walthers Controls, and WalthersTrack lines.

Founded in 1924 and incorporated in 1949 as Atlas Tool Co. Inc., present day Atlas Model Railroad Co. produces locomotives, rolling stock, track, and accessories in N, HO and O scales for its Atlas Master, Atlas Classic, Trainman, and Atlas O lines.