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Reply to "Mike Wolf to retire and close MTH"

@breezinup posted:

Incidentally, I saw this on the Mr. Muffin's Trains site just in the last couple weeks, where they mentioned that some steam engines they'd just gotten in and had for sale were the first to come out of MTH's new factory. Thinking about this a little, why would MW proceed with a new factory while he reportedly had been trying unsuccessfully for a year to find a buyer for the company?  I can't see how this makes any sense, unless there was something else going on.

It is conceivable that he opened a new factory because it was in the works long before he decided to close down or put MTH up for sale. Perhaps he was hoping it would be part of a package deal if he could have sold MTH.  It seems most likely that as others have stated MTH was for sale for sometime now with no takers, hence the close out plan.

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