Long-awaited tariff relief appears to be on the way. Rapido Trains, Inc., announced earlier this month that it will credit its customers who paid tariffs for the past year on the company’s model railroad products. The announcement came after it had received tentative approval of …
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From staff and news reports Praesidian Capital, a private equity firm focused on investing in lower middle market companies across multiple industries, announced this week that its portfolio company Round 2 Holdings acquired Lionel LLC, one of the most recognized brands in the global hobby …
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By TIM BLACKWELL/Cowcatcher Magazine WEST SPRINGFIELD, MA — Mike Wolf had a fascination with O-gauge tinplate trains in elementary school, spending hours in his bedroom examining them inside and out. As his passion and a flaming entrepreneurial spirit developed as he grew older, he picked …
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By TIM BLACKWELL/Cowcatcher Magazine Micro-Trains Line Co., Inc. announced today that it has been acquired by Atlas Model Railroad Co. The deal includes “substantially all assets” of Micro-Trains Line Co., the Talent, OR-based manufacturer renowned for its precision N- and Z-scale model trains and couplers. …
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A nonpartisan hobby industry initiative launched this week calls for targeted tariff relief, desperately needed, to protect American small businesses; science, technology, engineering and mathematics (STEM) education; and community-based creative industries. The Hobby Industry Coalition (www.HobbyCoalition.org) represents a wide spectrum of the U.S. toy and …
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By TOM MARSH/Cowcatcher Magazine Updated from the May/June 2025 Cowcatcher Magazine. Unless you haven’t crawled out from under your benchwork in a while, you know about the sweeping tariffs being imposed on goods imported into the United States. Model railroading and other hobbies will cost …
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