[WWI] Hornby - not doing that well

dave fleming dave.fleming at dial.pipex.com
Fri Jun 1 19:44:35 EDT 2007


They got hit by the falling dollar and the unexpected aquisition of Airfix. 
Year on year, perhaps not as strong as expected, but still a hell of a lot 
better long term than before.

Airfix tool making has been sourced from around the world for a while - H*wks & 
TSR2 in China, Lifeboat in Portugal, the N*mr*d and C*nB*rr*s are being tooled 
by Trumpeter. What Hornby are doing is moving all production to China (The 
paints have been made there for some time) - previously most (but not all) was 
done at heller in France. Hull had been a distribution centre only for a number 
of years.

Dave


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