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Body Style Information: At some point, likely when civil war broke out in that country, Model Power was unable to get 40 foot steel reefers from Mehano. So they went to Hong Kong and found a factory willing to make a clone of the Yugoslavian model. This Chinese-made Model Power tooling is a knock-off of the earlier Mehano model which in turn was a knock-off of the Roco 40 foot steel reefer. There are small differences between the different toolings. The easiest way to tell them apart is that the Roco made models will say 'Austria' on the bottom, Mehano made models will have 'Yugoslavia' stamped on the bottom and the Chinese cars will say 'Hong Kong' or 'China'. They originally came packaged with Rapido couplers and Nicke-Silver plated steel wheels. Recent releases come with knuckle couplers.
The company was founded by August Krug in 1849 but acquired by Joseph Schlitz in 1858. Schlitz was bought by Stroh Brewery Company in 1982 and subsequently sold along with the rest of Stroh's assets to Pabst Brewing Company in 1999. Pabst now produces the recently relaunched "Schlitz Gusto" beer and Old Milwaukee.
On November 13, 2014, Pabst announced that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC. Blue Ribbon is a partnership between American beer entrepreneur Eugene Kashper and TSG Consumer Partners, a San Francisco?based private equity firm. Prior reports suggested the price agreed upon was around $700 million.
In early 2014, Model Power ceased its business operations. Its extensive portfolio of intellectual property and physical assets are now exclusively produced, marketed, sold, and distributed by MRC (Model Power, MetalTrain and Mantua) and by Daron (Postage Stamp Airplanes and Airliner Collection).
Item created by: gdm on 2017-03-07 15:37:13. Last edited by gdm on 2017-03-07 15:39:46
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