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MTH negotiates new Union Pacific licensing deal for all PDF Print E-mail

Royalty-free agreement covers model train manufacturers in all scales

November 8, 2006, Model Railroader Express

Standing firm on principle, Mike Wolf, president and owner of MTH Electric Trains, has negotiated a new royalty-free licensing deal with the Union Pacific RR that extends to all model railroad manufacturers and their products in all scales.

"It was the right thing to do," Wolf said in an exclusive interview with Kalmbach Publishing Co., publisher of Model Railroader.

Wolf announced that the deal, reached November 2, 2006, is royalty-free and continues in perpetuity. "It's the best thing for the long-term health of the hobby," Wolf said, forsaking any advantages that MTH would have gained from negotiating a deal only for itself.

Bob Turner, Senior Vice President Corporate Relations for Union Pacific, said, "Mike Wolf is to be commended for his commitment to the model railroad industry. His energy and passion helped us find a solution that will better reflect the positive relationship that Union Pacific and the model train industry have enjoyed for many years."

Read the full article

Last Updated ( Thursday, 10 April 2008 04:10 )
 
 
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