MTH Warehouse Auction

[HONDO74]

Age (Year Started)
40 (1980)

Named Principal
Mike Wolf, President

Line of Business
Mfg games/toys

If Mike Wolf was 40 when he started MTH in 1980 He would be 80 years old now ??

[MartyE]

Age (Year Started)
40 (1980)

Named Principal
Mike Wolf, President

Line of Business
Mfg games/toys

If Mike Wolf was 40 when he started MTH in 1980 He would be 80 years old now ??

I'm pretty sure it means the company is 40 years old, started in 1980.

[KeithL]

Age (Year Started)
40 (1980)

Named Principal
Mike Wolf, President

Line of Business
Mfg games/toys

If Mike Wolf was 40 when he started MTH in 1980 He would be 80 years old now ??

MTH is 40 years old; it was started in 1980 when Mike Wolf was 20.

[healey36]

All the data listed for "Mike's Train House, Inc." looked accurate with the exception of the annual revenue number. I did notice there were at least two other entities controlled by Mike W. listed, one being some sort of foundation. Being private entities, all one can do is speculate. I did, however, flip a note to DNB regarding their assertion that the revenue numbers are based on "actuals". It will be interesting to see if they respond.

[Rufus T. Firefly]

I did, however, flip a note to DNB regarding their assertion that the revenue numbers are based on "actuals". It will be interesting to see if they respond.

That ought to be entertaining,

[KeithL]

All the data listed for "Mike's Train House, Inc." looked accurate with the exception of the annual revenue number. I did notice there were at least two other entities controlled by Mike W. listed, one being some sort of foundation. Being private entities, all one can do is speculate. I did, however, flip a note to DNB regarding their assertion that the revenue numbers are based on "actuals". It will be interesting to see if they respond.

12 employees? Even with the company in the process of closing, I doubt they're down to only 12 people.

Another entity that comes up when you search D&B for MTH's D-U-N-S Number is "WILLIAMS WINE COMPANY, INC.," located at--you guessed it--the former address of Williams Electric Trains in Columbia, MD. I wonder what that is/was and what Mike Wolf's connection to it--if any--is/was.

[MartyE]

All the data listed for "Mike's Train House, Inc." looked accurate with the exception of the annual revenue number. I did notice there were at least two other entities controlled by Mike W. listed, one being some sort of foundation. Being private entities, all one can do is speculate. I did, however, flip a note to DNB regarding their assertion that the revenue numbers are based on "actuals". It will be interesting to see if they respond.

12 employees? Even with the company in the process of closing, I doubt they're down to only 12 people.

Another entity that comes up when you search D&B for MTH's D-U-N-S Number is "WILLIAMS WINE COMPANY, INC.," located at--you guessed it--the former address of Williams Electric Trains in Columbia, MD. I wonder what that is/was and what Mike Wolf's connection to it--if any--is/was.

12 sounds about right from everything I have heard in the past few years.

[rogruth]

I think I recall that Williams operated with 4 or 5 employees when they were at their best.

[chuck]

What's the street address listed for the wine company? I suspect this is a train wreck of a couple of records in their data base or possibly a company taking over an address and keeping part of the signage, e.g.the Quality Bakery on Main street in Ann Arbor became the Quality Bar by painting out the k,e,y on the original signage.

[HONDO74]

I think I recall that Williams operated with 4 or 5 employees when they were at their best.

Sounds about right from what what I have read about the early years. Williams started with tinplate and had a warehouse, where they did the Assembly painting and shipping. One employee dud all the painting. Williams hired neighborhood kids to do the assembly. Mike Wolf was one of them. Somewhere back then. Williams took Mike with him to York and put Mike in charge of selling repo tinplate parts and supposedly gave Mike 10% of the sales. The story goes that Mike sold $150 thousands dollars worth.

As I recall when Mike started calling himself MTH he was selling Lionel trains mail order from his parents home.

Somewhere in the early 80s Williams decided to drop tinplate to just go with O-gauge and Mike bought the tooling and continued with it.

I am sure there is someone here that can add a lot more to all of this.....

[healey36]

A dealer I frequent in Pa. says they are down to a skeleton crew. They will probably use temps if they get short-handed.

[robert.]

When someone imports merchandise. There is a record of value. Every week phillys news paper prints a list of ships coming to port. There is a manifest of goods. Down to every nut and bolt. If your good with international shipping codes. You can determine. Who what where it came from and value. It’s all public record. From is import records you can guesstimate an annual revenue.

[jlong]

When someone imports merchandise. There is a record of value. Every week phillys news paper prints a list of ships coming to port. There is a manifest of goods. Down to every nut and bolt. If your good with international shipping codes. You can determine. Who what where it came from and value. It’s all public record. From is import records you can guesstimate an annual revenue.

What I don't get is how the hell do you put a "record of value" on cheesy tinplate trains that represents real tinplate trains like gaudy costume jewelry. It's just worthless dimestore junk worth 10 cents on the dollar if you're lucky.

[robert.]

People bought both. New tin and costume jewelry. Antique costume jewelry can bring $1000's. Mikes tin plate. Time will tell. You have to give him some credit. He keep a business going for 40 years.

[Rufus T. Firefly]

Time will tell.

Hess trucks
LLadro
Beanie babies
PB glasses
.......................................tulips.