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Corgi Classics Information Page


Toy Fair News
2009
We just returned from
attending this years Toy Fair in New York City. We did speak with
a representative from Corgi who related the following:
- Soldier sets will be discontinued
- Soldiers will no longer be bundled with the
armor
- They anticipate new armor toolings (we are
working with Corgi to introduce a PzIV)
- Only one vintage bus will be added
- Vintage fire engines will be
re-introduced
- Most offerings will be limited to a production
run of no more than 1000 pieces worldwide
CR Grace Collectibles, LLC DBA Military Diecast Shop became a
Corgi USA Preferred Retailer in 2000. We are listed on the Corgi
USA Corp website as a dealer. However, my first experience with
Corgi was in the mid 1960's in a Department Store by the name of
Two Guys. I remember as a child going to the glass counter and
peering at all the neat diecast toys among them Corgi, Dinky,
Britains and Matchbox. During that period due to the manufacturing
processes being more labor intensive the items were rather
expensive. So the few items that were purchased we indeed valued.
This isn't to mean that they stayed nicely in the box or on display
in my room. Rather as soon as I got home they were immediately
brought into the dust of the backyard...there to create the
ultimate adventures.
In 2000 we began selling Corgi products. At the time Corgi
mostly offered civilian vehicles such as cars, bus, fire trucks and
heavy haulers. One of the main lines was James Bond which they are
still holding on to. In about 2002 they introduced the Vietnam era
military line...Helicopters, Tanks and Jeeps. The prices were a
little on the high side but they sold well. In 2003 they began
producing the WWII lineup. In the beginning it was a big success.
We would sell tanks to wargamers by the case (literally). Then the
demand seemed to dry up. Corgi did not produce any new tooled
items...so basically the line remained the same with just the
markings and paint configurations changing. Then in 2006 the big
price increases began as they stated the price of zinc and labor
increased significantly. Manufacturers from China which originally
were contracted by US firms began marketing their products directly
to the US marketplace. Soon the market was flooded with products of
varying quality and workmanship. Zinc prices caused many
manufacturers (with the exception of Corgi) to begin using less
zinc and more plastic.
Recently Corgi was purchased by a media company and has now
apparently shifted its emphasis toward comic related items. Marvel
characters, Star Trek and Pirates of the Caribbean have replace the
old lineup. Tanks are now bundled with soldiers (at an increased
cost) and modern bus and fire trucks have been replaced with 1950's
and 60's era vehicles. The addition of new 1/48 scale soldiers and
accessories is a welcome addition to the line.
What does the future hold for Corgi and Military Diecast in
general? We don't know...however, our company is lining up new
products for sale in the near future including slot cars and
trains.
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About Corgi:
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Corgi, the leading name in die-cast scale models
and one of Britain's best known brands, has been producing models
for over 40 years.
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Corgi's famous model vehicles captured the
imagination of millions of baby boomers and, what were once simply
toys for boys, are highly sought-after in the expanding
collectibles market.
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Some models, in mint condition and complete with
box which originally sold for a few shillings are now fetching
hundreds of pounds. Today, the majority of Corgi cars, trucks and
buses are produced as once-only Limited Editions and are often sold
out within weeks of release.
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Although top prices grab the headlines, die-cast
scale model collecting is an easy hobby to start and many vehicles,
both old and new, can be acquired for a few pounds.
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The Corgi brand was created by the Mettoy Company
of Northampton which first started to produce colorful, pressed
metal toys in the 1930s. The name Corgi (after the Welsh dog) was
chosen for three reasons: first, because it was short and catchy;
secondly because the models were to be produced in Swansea and
thirdly because of its status in being strongly association with
the Royal Family.
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The first Corgi
models appeared in 1956 and covered British-built saloon cars of
the period. Names redolent with nostalgia including the Ford
Consul, AustinCambridge, Morris Cowley, Riley Pathfinder, Vauxhall
Velox, Rover 90 and Hillman Husky wereamong the first to be
produced. Each model sold for 3/- (15p).
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Always at the forefront and to ensure a point of
difference from other die-cast vehicles, Corgis were sold as "the
ones with windows". Other later innovations included Glidamatic
spring suspension, opening bonnets and boots and diamond jewelled
headlights.
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Without doubt, Corgi's best known model is James
Bond's gold painted Aston Martin DB5. First produced in 1965 and
featuring ejector seat and front-mounted machine guns, it was an
instant success earning the UK Toy of the Year Award. Priced at
around 10/- (50p), by 1968 more than 3.9 million had been sold. At
a recent auction, a rare gold-plated version given only to visiting
VIPs to the Corgi factory made
ÃÆ''Ã'Ã'£1300.
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One of the top selling models of all
time, reaching five million units, is the 1966 Batmobile. Other
best sellers include the John Player Special Lotus Formula 1 racing
car and the Ghia L 6.4 (which had a molded Corgi dog lying on the
rear parcel shelf).
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In 40 year's, Corgi has produced models of
virtually every type of car, bus and truck. Some of the most
sought-after model cars include the 1965 Monte Carlo Rally Mini
Cooper S (ÃÆ''Ã'Ã'£300
to ÃÆ''Ã'Ã'£400), 1966
The Man from U.N.C.L.E's 'Thrushbuster' Oldsmobile
(ÃÆ''Ã'Ã'£250-ÃÆ''Ã'Ã'£300),
1959-61 Ford Thunderbird Hardtop, pale green body
(ÃÆ''Ã'Ã'£175-ÃÆ''Ã'Ã'£200).
And if you have got the right Noddy's car, produced in 1969,
lurking in the attic it could be worth an amazing
ÃÆ''Ã'Ã'£700 or even
more!
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The Corgi Collector Club has over 10,000 members
worldwide, click here for more details.
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New Corgi models are released every month. The
current range embraces cars, trucks, buses, fire engines, airplanes
and character vehicles with prices ranging from $5.99 to
$149.99.
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Any history of Corgi cannot start without first
mentioning the Mettoy Company which initiated and produced this
world famous range of die-cast toys from 1956 to its demise in
1983. July 1956 saw the launch of Corgi Toys, but the story begins
way back in 1933, when the founder Mr Philipp Ullman settled in
England from Germany.
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Mettoy [1933 - 1954]
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1933
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Mr Philipp Ullman settles in England from Germany
bringing with him 21 years of experience and knowledge of the toy
industry. 6 months later Arthur Katz settles in England joining
Philipp Ullman who had by now been given working space at
Winteringham's in Northampton.
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1934
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The first models were produced in Tinplate and
formed the basis of the company which became Mettoy
Limited.
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1936
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The Mettoy Company detached itself from
Winteringhams (the name coming from its product METal TOYs) on 29th
February 1936.
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1944
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Due to shortages of raw material (WWII) the
company joined in the war effort producing all types of shell and
mortar carriers. The heavy demand placed on Mettoy in connection
with the war effort led to larger premises being found in Swansea
in 1944.
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1949
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Following an expansion of a further 100,000 sq ft
at its Swansea site the new Mettoy factory was officially opened on
2nd April 1949.
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1950
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Following an expansion of a further 100,000 sq ft
at its Swansea site the new Mettoy factory was officially opened on
2nd April 1949.
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1954
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The first drawings for the new Corgi range were
produced by Marcel Van Cleemput who had joined Mettoy earlier that
year and went on to become Chief Designer. The first drawing was of
an Austin Cambridge and with much trial and error with castings
things started to come together early in 1956.
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Corgi
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1956
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The launch date for the Corgi range was to be the
9th July 1956. The firm of Playcraft Limited (a sister corporation
to Mettoy before they both merged) launched the Corgi name to the
World. The name coming from a Welsh breed of dog, as both the
Mettoy and Playcraft factories were based in Swansea, South Wales.
Mettoy knew that to copy the Dinky product would not be enough to
guarantee the success of the range. So, it was agreed that all the
vehicles in the Corgi range would have windows. "The First with
Windows" became one of the early selling slogans. December 1956 was
the launch of the Corgi Model Club and a newsletter was published
on a regular basis.
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1957
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Corgi produces its first catalogue and also
entered the world of TV advertising. 1957 also saw the release of
the first gift set and in its first full trading year reached
nearly 2_ million pieces.
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1959
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The innovations continued and October saw the
launch of the Renault Floride, featuring windows, seats and
panelling, setting wheel and spring suspension. These feature soon
became standard on all new models, and a lot of the old ones were
upgraded. The suspension system became known as "Gildamatic". 1959
also saw the introduction of a travelling Display Van (a forerunner
of the Roadshow Vehicle!) to cover various trade shows and motor
racing venues.
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1960
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The Chipperfields Circus range was first
launched.
The Proteus-Campbell Bluebird Record car was produced and a model
was presented to Donald Campbell before his departure to the USA
for the record attempt.
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1963
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The Mettoy company invited subscriptions from the
general public for the Company's Shares. It became a public company
on 13th June. The issue was oversubscribed 2 times.
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1964
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To celebrate Mettoy's 30th Anniversary a new
range was introduced under the name of Corgi Classics of veteran
and vintage models.
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1965
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Along with the numerous amount of new models that
was now expected of Corgi the company produced one particular model
which would become the most universally known and remembered
diecast model -"007 Aston Martin DB5".
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1967
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Two prestigious awards were given to Corgi
(Mettoy) - the "Queens Award to Industry" and the National
Association of Toy Retailers "Highest Standards Award".
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1968
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November 1968 saw the release of a model which is
still very much sought today - "Chitty Chitty Bang
Bang".
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1969
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On the 10th March 1969 a fire broke out in
Swansea and gutted the warehouse with the total loss of its
histmains and at least a year's stock of Corgi models. As result a
back-log of orders mounted and many retailers would turn to Dinky.
Phillip Ullman retired as Chairman and Director after more than 35
years with Mettoy.
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1971
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The Mettoy Company was suffering in the hands of
Mattel and as a result the Northampton factory closed with a loss
of 900 jobs. An agreement was entered into with Fisher-Price to
produce their range of toys for distribution in Europe. Philipp
Ullman, President and founder of the company died.
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1974
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ÃÆ''Ã'Ã'£1.3 million
was spent on new buildings, plant and tools as an extension to the
existing Swansea site.
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1977
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A 1902 State Landau was designed and produced to
coincide with the Silver Jubilee celebrations.
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1983
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Following more redundancies in Northampton the
whole of the company's activities were relocated to Swansea. The
design side would cease altogether. From 1956 for the next 27 years
the Corgi range grew dramatically, but in 1983 with the company in
serious financial difficulties the receivers were called in and it
was thought the last Corgi Toy was produced. However a management
buy-out was eventually formulated and the company was re-formed as
Corgi Toys Limited in early 1984.
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1984
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Chris Guest was appointed Sales & Marketing
Director and the company emerged as being marketing-led with a view
to the 1980's and 1990's rather than a product-led manufacturer of
the 1960's. The production area was also strengthened by
manufacturing appointments at senior level and a continuing
investment program.
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1985-1989
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Having concentrated its efforts during the first
2 years on regaining its market share in the UK, Corgi then turned
to develop the overseas markets in both the toy and collector
areas. Already exporting worldwide, extensive distribution
arrangements were made, particularly in the USA and Australia and
greater emphasis into the European markets was also realized. The
collector area was encouraged by the introduction of a Corgi
Collector Club with a worldwide membership. Corgi rapidly increased
its market share and established itself as a leader in the
competitive die-cast toy market. The company's achievements were
recognized in January 1987 when it was voted British Toy Company of
the Year by the National Association of Toy Retailers.
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1989 [ December]
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Corgi Toys Limited was taken over by the US based
toy company Mattel. Mike Rosser, Chief Executive for Corgi Toys
Limited said that its Board had recommended the Mattel offer to
Corgi shareholders as providing the best future for Corgi
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1990
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The first Corgi model to be made in China is
launched, the MGA in British racing green.
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1991
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The Swansea factory and offices were closed and
Corgi moved to Mattel's UK headquarters in Leicester.
When Corgi became part of Mattel there was a lot of concern from
individual collectors and trade alike that this would mean the end
of the great Corgi tradition of faithful die-cast modeling. There
were even fears that the Corgi name would be dropped from the
collector range and it would henceforth be branded Hot Wheels!
Peter Eichorn (Executive Vice-President) attended the very first
Biggest Little Motor Show, held at Telford in 1992. During his
after-dinner speech at Telford, Peter immediately laid everybody's
fears to rest by committing Mattel to the further development of
Corgi.
Mattel were true to their word. Their backing enabled Corgi to
launch many successful new toys on a worldwide basis. Running
alongside the traditional toy markets, the Classics range developed
substantially during the first half of the 1990's. Particular
emphasis was placed on commercial vehicles of the 1950's and 1960's
- the age of nostalgia .
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1994
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Corgi launched the Original Omnibus range, with
its 1:76 scale commercial vehicles designed to complement OO gauge
railway layouts. The same year, the company invested in new tooling
aimed at the American market featuring commercials, fire vehicles
and coaches.
The 1990's have also seen Corgi re-entering the world of TV and
films, with successes such as Mr Bean's Mini, the Inspector Morse
Jaguar and the Morris Minor from Some Mothers Do 'Ave 'Em.
Significantly increased investment in tooling, limited editions,
authentically and great attention to detail have resulted in record
demand and collectability. It is these factors which have driven
Corgi to its number one position today.
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1995
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On the 7th August after five years of ownership
by Mattel, Corgi was back in private hands, following a management
buyout led by Chris Guest and venture capitalist Cinven. The
connection with Mattel was finally severed when the new Corgi
Classics Limited moved from the Mattel building into new premises,
just a _ mile away on the Meridian Business Park, Leicester, on
23rd October 1995.
The name Corgi was settled upon in late 1955 and was chosen from a
list of about seventy names. The company held a competition for the
name, but in the end the name of Corgi was suggest by Henry Ullman.
There were various reason why this name was chosen. First of all,
it was the name of a sturdy little Welsh dog and the Corgi range
was produced in Swansea, Wales. Secondly, the name of the breed was
felt to be somewhat prestigious as the Corgi is the favored breed
of the Royal Family and their Corgi were dogs were often featured
in the media. Thirdly, the name was short and snappy like the
popular Dinky name.
Saturday 24th June 1995 was another landmark in Corgi's history
when the first ever Corgi Heritage Centre was opened to the public.
The centre is a joint venture between Corgi Classics and Chris
Brierly of Chris Brierly Model in Heywood Lancashire. It was
officially opened by His Worshipful the Mayor of Rochdale,
councillor Rodney Stott. He and the Lady Mayoress arrived in
appropriate style in a Bristol LG5 vintage bus in North Western
Livery, kindly loaned by the Greater Manchester Museum of
Transport. Steve Berry from BBC TV and radio program Top Gear also
came to have a guided tour of the museum, displays and large Corgi
retailing area.
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1996
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During 1996 expansion continued with the purchase
of Basset Lowke property and tooling and the launch of the First
Corgi Collector Centre. Corgi also secured licenses for the Beatles
and Mr. Bean products and launched the Hong Kong Product
Range.
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1997
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This year saw the launch of the French Collection
Heritage product range and the establishment of the Toy and Gift
Division. The Corgi Collector Centre roll out continued and the
Cadbury license was secured.
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1998
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During 1998, Corgi moved to direct sourcing of
production in Hong Kong and the Aviation Archive range was
launched. ICON figurines were developed and the Corgi Collector
Centre now stood at 35 locations. Licensing for the Guinness range
was secured.
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1999
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The latest chapter in the history of Corgi
Classics Ltd has been written with the company's acquisition in
October 1999 by US collectibles specialist and Nasdaq listed
company Zindart.
Corgi's incumbent management team has been retained under the new
ownership and continues to identify and pursue new openings in the
collectibles and toy markets. Zindart introduces new investment and
presents further opportunities for Corgi to apply its collectibles
expertise to the US markets.
Corgi has now introduced a dedicated Sales & Marketing
operation based in the USA and is looking to establish a firm
foothold in the US. Corgi's acquisition of the UK die-cast
collectibles company Lledo, including tooling plus the highly
respected Vanguards and Days Gone ranges, further strengthens
Corgi's offering in the die-cast model car sector.
Corgi has developed a world class collectible die-cast model
vehicle business and continues to extend its product range and
distribution into selected niches of the mass toy market. The
company is also successfully exploiting opportunities to move the
Corgi brand into the wider market for gift and collectible
products.
Other notable events for Corgi during 1999 included the acquisition
of Lledo Collectibles, the launch of ICON Figurines and the German
Product Range. Collector Centres now standing at 45.
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2001
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Early in the new Millennium Corgi Inc. Sales and
Marketing operation was established in the USA and a licensing deal
secured for Noddy from Enid Blyton.
Corgi introduces the Unsung Heroes an innovative die-cast line of
US Military vehicles. These historically accurate, mud covered,
vehicles offer the collector and veteran a glimpse and a reminder
of what life was like in Vietnam.
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2004
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Corgi Classics announced that it has been awarded
a global license from Warner Bros. Consumer Products to produce and
market a line of high quality die-cast Batmobiles, inspired by DC
Comics Batman Comic Book Series. George Volanakis joined Corgi in
February 2004 as its President and Chief Executive Officer.
George brings over 30 years of experience in the toy industry from
such companies as Hasbro, Inc, The Ertl Company Inc, Mattel Inc,
and Milton Bradley Company. Corgi-USA, 105 West Adams Street Suite
2050 Chicago, IL 60603 Phone 1-800-800-Corgi (2674)
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