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Early Model Train Manufacturers Start With Clockwork Locomotives
Before Lionel entered the scene, Ives Corp. dominated the toy train manufacturing in America. Founded in 1868, this toy firm developed a mechanical clockwork locomotive giving its trains the edge of self-propelled motion. Around 1900, Ives faced competition from European toy makers. Ives then produced colorful electric locomotives with the first automatic reversing units. Heightened competition from Lionel and American Flyer led to Ives declaring bankruptcy in 1928.
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