The story
Lima (Lavorazione Italiana Metalli e Affini) was founded in 1946 as a parts supplier for the Italian state railway. In 1948, Lima switched its aluminium casting capability to producing toy boats, trains and cars.
In 1953 it started manufacturing a low budget model range. The models were gradually improved and by 1962 Lima was producing French, Belgian, Dutch and German models. Less than 10 years later, Lima was one of the largest model manufacturers in the world serving the modeling markets of the United States, Australia, Britain and South Africa. In 1977 the British model range switched from HO to 00 gauge.
Starting in 1982, Lima gradually moved into the higher quality market in mainland Europe with the introduction of better mechanisms such as Central Can Motors, flywheels and all bogie power as well as catering for niche markets.
From Wikipedia’s article on Lima (models), shared under CC BY-SA 4.0.3