Rumors about Bachmann Industies purchasing Williams Electric Trains have been circulating around the web over the last few days. Bachmann produces model trains and accessories for almost all scales of model railroading and is known for it's reasonably priced products. An administrator on the Bachmann trains on-line forum denied that a deal had been finalized but did state that Bachmann is in talks with Williams. Read the statement here. This is an interesting play for Bachmann but seems to make sense since Williams is also known for its reasonably priced products.
Thanks for the tip David.
9/23/07 UPDATE: No official word from Bachmann yet but a supposed copy of the letter Jerry Williams, owner of Williams Trains, sent to model train dealers has been posted on several on-line model railroad forums including Bachmann's. The letter states that Mr. Williams retirement is the reason for the sale and that the settlement date will be on or about September 30, 2007. Read the text of the letter here.