Source from LSOL - We have been sitting on this news for a few days and were told to wait until Monday, but it appears that the information is getting out so here it is:
Kader Manufacturing Trust has agreement to purchase Sanda Kan Industrial.
Sanda Kan Industrial are the people that have been making your large scale trains for several years. Sanda Kan is based in Hong Kong and makes trains for Aristo-Craft, Athearn, Atlas, Hornby, Life-Like, Lionel, Marklin, USA Trains, Walthers and more.
Kader specializes in the manufacture of model railroads for OEM customers and under their own proprietary brands: Bachmann, Williams, Bachmann Branchline, Graham Farish, Liliput and Bachmann.
This is good news. If this had failed it would have made LGB going out of business look like small potatoes.
We will have more details coming up very soon.