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Jun 13, 2019 · He ran toy train manufacturer Lionel for about a decade, breathing life into the company and helping introduce a new generation of kids to the hobby he fell in love with as a boy. Kughn, 89, of...
Its roots lie in the 1969 purchase of the Lionel product line from the Lionel Corporation by cereal conglomerate General Mills and subsequent purchase in 1986 by businessman Richard P. Kughn forming Lionel Trains, Inc. in 1986. The Martin Davis Investment Group (Wellspring) bought Lionel Trains, Inc. in 1995 and renamed it Lionel, LLC.
The Team at Lionel was saddened to learn of the passing of Richard Kughn. As the former owner and CEO of Lionel from 1986 – 1995, Mr. Kughn is credited with shepherding in some of the biggest advancements in technology that Lionel and the model train industry had ever seen.
Jun 8, 2019 · The list of things that Richard P. Kughn did in his life is long and varied, but perhaps none were as memorable worldwide than revamping and breathing life back into Lionel Trains Inc. for the...
Jun 19, 2019 · West Bloomfield - Richard P. Kughn passed on Saturday, June 8, 2019 in West Bloomfield, Michigan. He was 89 years old. Richard was a husband to Linda who pre-deceased him in 2015.
Jun 17, 2019 · Kughn, a Detroit area real estate developer who also rescued the beloved but off-the-rails model train and railroad making company in the 1980s and 1990s, died at a nursing facility in West...
Jun 14, 2019 · DETROIT - Richard P. Kughn, a well-known Detroit business man, toy train manufacturer and car collector, died June 7 at age 89. Kughn led toy train manufacturer Lionel for 10 years.
