*Disclaimer - I am just sharing this, and know nothing of it's validity.
Make of it what you will. Hopefully it's not erroneous reporting.
Some long awaited REVELL news:
Home Page Atlantis Toy and Hobby > Atlantis News!
Updated August 2018
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** PRESS RELEASE **
Contact: President: Peter Vetri FOR IMMEDIATE RELEASE
Tel. (631) 499-6733
Atlantis Models "Preserving the Past while Building the Future"
LONG ISLAND, NY, August 29th 2018 – Atlantis Model Co., manufacturer of plastic models and toys has purchased the tooling for many plastic model kits from the new owners of Revell, Revell Inc. USA-Blitz Partners. These molds were from the tooling banks of Monogram, Revell, Aurora and Renwal, some dating back to the early 1950s. They were stored in Revell’s Elk Grove facility in the great state of Illinois and represent Automotive, Aircraft, Ships, Military, Figures, Space and many other interesting subjects.
Peter Vetri, President of Atlantis, states, “It's a lifelong dream to own this historic tooling and archive material related to these molds; to be able to preserve the tooling is a real honor. We look forward to reissuing many classics that have not been available in quite some time. All of the model kits will be made here in the USA and all the tooling and the Archive have been moved from Elk Grove to our facilities in Deer Park, NY. I would personally like to thank Julie Dombrowski, Edward Sexton, Lou Aguilera, Chris Borris and the legendary Ken Funk for the hard work they did at Revell over the years and especially the last few months which were a difficult closure for them.”
The deal was worked out shortly after the Hobbico bankruptcy was settled out. It was a very smooth transaction. It took about 2 months to complete from start to finish. Rick DelFavero, VP of operations, states, “I think model enthusiasts around the world will be pleasantly surprised in the coming years to see what the tooling bank and Historical Archive contains. We believe our releases will appeal not only to people that saw the original issues of these kits, but also to a new generation that can help expand and grow the hobby!”
Look for kits to hit store shelves 1st qtr 2019, our 10 Year Anniversary!
About Atlantis Models Atlantis Toy and Hobby was founded in 2009 by Peter Vetri and Rick DelFavero with some guidance from former Aurora Project Manager Andrew P. Yanchus. With a combined 60 years of hobby experience, not only are we lifelong hobbyists, we know what it takes to run a successful hobby manufacturing business. Atlantis Toy and Hobby has sold thousands of products all over the world since 2009. Atlantis is an MDR company, Manufacturer-Distributor-Retailer, offering World Class Knowledge and Service in the Hobby Industry.