The story
Ertl has been producing farm toy replicas since 1945. For over 60 years, the company has produced farm toys for industry brands such as: John Deere, Case IH, New Holland, and AGCO. Ertl has also, on different occasions, acquired the licenses to produce die-cast vehicles and figurines as well as model kits for Looney Tunes, Garfield, Thomas the Tank Engine & Friends, Tugs, Theodore Tugboat, Super Mario Bros. DC Comics, and Star Wars. In 1999, Ertl was purchased by Racing Champions. Ertl is currently a brand under the RC2 Corporation umbrella.
Timeline
Important Dates in Racing Champions/Ertl Company History
1945 - The Ertl Company is founded by Fred Ertl Sr., in Dubuque, Iowa
1959 - The company moves to larger facilities in Dyersville, Iowa
1967 - Ertl is acquired by Victor Comptometer Corporation
1971 - Ertl acquires Carter Tru-Scale
1973 - Ertl begins manufacturing plastic model kits
1974 - Ertl acquires Structo Stamped Steel
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1977 - Kidde, Inc. acquires Ertl with purchase of Victor Comptometer Corp
1981 - Ertl acquires AMT model kit company
1985 - Ertl acquires MPC model kits
1986 - Ertl produces Thomas & Friends licensed toys
1987 - Hanson plc purchases Kidde. Ertl acquires ESCI model kit company
1989 - Racing Champions is founded by Bob Dods, Boyd Meyer and Peter Chung
1990 - Ertl releases the first Precision Series farm toy replica
1991–92 - Racing Champions obtains NASCAR license
1992 - Fred Ertl Jr. & Robert J. Ertl retire
1995 - Hanson plc consolidates its U.S. companies to form U.S.I. (United States Industries)
1993 - Ertl begins the Wings Of Texaco die cast airplane collection
1996 - Racing Champions introduces its Mint line of non-racing vehicles. Racing Champions Corporation is formed
1997 - Racing Champions completes its initial public stock offering (RACN on NASDAQ)
1999 - Company produces a commercial version of the Eternity puzzle
1999 - Racing Champions acquires The Ertl Company
2000 - Ertl acquires Britains Limited
2003 - Racing Champions Ertl acquired Chicago-based Learning Curve International, Inc.
2004 - RC2 Corporation acquired Playing Mantis assets and The First Years Inc., while the Thomas & Friends range was discontinued.
2008 - Round 2 LLC signs licensing agreement to produce and market AMT, MPC, Polar Lights, and 1:24 and 1:18 scale diecast
2009 - Ertl celebrates 50 years in Dyersville, Iowa
2010 - Ertl celebrates its 65th Anniversary
2011 - Tomy acquired RC2; maintains control of Ertl, Racing Champions and Johnny Lightning tooling
2012 - Round 2 LLC acquires full rights to AMT, MPC, Polar Lights tooling
2013 - Tomy discontinues Johnny Lightning brand
2015 – Round 2 LLC obtains the rights to use Racing Champions, American Muscle and ERTL Custom and Premium tooling
2016 – Round 2 LLC obtains the rights to use Johnny Lighting tooling
2018 – The son of Fred Ertl sells Die-cast Promotions (DCP) company to First Gear Inc. - https://www.firstgearonline.com/shop/dcp
2020 - Tomy reintroduces Johnny Lightning brand
From Wikipedia’s article on Ertl Company, shared under CC BY-SA 4.0.4