Atlas Model Railroad and Atlas O to merge
December 28, 2011
|Atlas Model Railraod Co. Inc Chairman and Chief Executive Office Thomas W. Haedrich announced Wednesday, Dec. 28, the merger of Atlas O, LLC and Atlas Model Railroad Co. Inc. Atlas O, LLC will become a wholly owned subsidiary of Atlas Model Railroad Co. Inc., effective Jan. 1. |
“The merger accomplishes family business planning and makes for a more effective and unified organization in the short and long run,” said Haedrich. “On a day-to-day basis, the merger provides a more efficient structure for sales, marketing, distribution and administration. Atlas distributors and dealers will benefit by having only one company to transact business with.”
Atlas O, LLC was established as a separate business entity in 1997 and produces multiple lines of O scale model railroad products including track, freight cars, locomotives and accessories.
Atlas Model Railroad Co. Inc., is the successor to Atlas Tool Co. Inc., founded in 1949 in Hillside, N.J., by Stephan Schaffan Jr. Both companies produce broad lines of quality N and HO scale model railroad products.
Atlas Tool Co. Inc. is the successor to Atlas Tool Co., founded in Newark, N.J., in 1924 by Stephan Schaffan Sr. After 88 years and four generations, the Schaffan family remains actively involved in the day-to-day operation of Atlas.
Diane Schaffan Haedrich, spouse of CEO Thomas W. Haedrich, is president of Atlas Model Railroad Co. Inc. Jarrett Schaffan Haedrich serves as vice president of marketing and Jesse Schaffan Haedrich, a recent college graduate, is active in design and development.