Legacy
In 1983, the DCMT Group went into Receivership, with new owners, Wicke & Co. GmbH (a German Company) taking over. The Green Lanes factory was sold off, and in 1984, the Holloways Lane buildings were demolished. Toys continued to be made through this period, but in 1988, the Great North Road factory closed. Employees were made redundant as production of many items moved to Hong Kong. In 1989, the Great North Road buildings were demolished.
Today there is a whole new interest in Lone Star as new collectors have begun to take an interest in the marque. A thriving Lone Star collectors circle regularly displays fully working model train layouts solely using Lone Star equipment. These are more popular in the UK, but also exist in Europe & Canada.
In 2009, Lone Star cap guns are once again widely available, as the name and original logo are being used by a German manufacturer with good distribution across Europe.
Read more about this topic: Lone Star Toys
Famous quotes containing the word legacy:
“What is popularly called fame is nothing but an empty name and a legacy from paganism.”
—Desiderius Erasmus (c. 1466–1536)