Round 2 Models and
CMW Holdings, Ltd
Enter Into Licensing Agreement
SOUTH BEND, Indiana - 05/04/2017 - Round 2, LLC, is pleased to announce Round2 Corporation will produce and market CMW Holdings, Ltd.'s category leading line of vehicle models and accessories aimed at the model railroad hobby under the Classic Metal Works and Mini Metals brand.
Round 2 announced the licensing agreement April 26. With the agreement, Round 2 now adds the model railroading category to their wide range of hobby products.
Thomas Lowe, President and CEO of Round 2 states, "The addition of the Classic Metal Works line of model railroad inspired HO & N scale vehicle models and accessories was a natural for Round 2, the top producer of model kits, die-cast, and slot-cars. The model railroad category is new for Round 2. But the synergies of CMW and Round 2 were undeniable. The Classic Metal Works brands have been a mainstay in the hobby business for 20 years. We see many profitable opportunities for our dealers and distributors, as well as innovative product experiences for railroaders and other hobbyists. And now Round 2's combined product catalog is now the most diverse in the industry, we fill virtually every type of model kit genre imaginable, die-cast models, slot-cars and now model railroading!
Lowe continues, "We are truly excited about entering the model railroading marketplace. With our diverse product development, marketing and manufacturing resources we plan to be a strong competitor under the 20 year strength of the Classic Metal Works brand. We've already made plans to hit the ground running with more new products and tooling in the pipe line."
Round 2, LLC is an innovative collectibles company located in South Bend, IN. The team at Round 2 is dedicated to producing detailed, high quality collectible and playable items appealing to the young and young at heart. Round 2 brands include Polar Lights®, AMT® and MPC®, Lindberg® and Hawk® model kits, Auto World® slot cars, Forever Fun™ seasonal products and the licensed brands American Muscle®, Ertl Collectibles® and Vintage Fuel™ die cast.
For more details on all the product lines produced by Round 2, visit our website at:
AMT, Polar Lights, MPC, Lindberg, Hawk Round 2 and design are trademarks of Round 2, LLC. ©2017 Round 2, LLC, South Bend, IN 46628. All rights reserved.
Letter From CMW Holdings, LTD to Our Customers
To our valued customers -
As you all know the hobby industry has gone through a tremendous amount of change over the last two decades. One of the most impactful changes has been sourcing our products from China.
The growth of China from a third world country to the second most powerful nation in the world in less than 30 years has caused a cataclysmic shift in far reaching ways. The most impactful for the hobby business, especially small companies like CMW, is being important enough to a Chinese factory's manufacturing capacity. China's "maker to the world" economy has made working with or finding boutique contract manufacturers nearly impossible. And when we do find makers the results are very high pricing coupled with late shipments. These two factors conspired to make business very difficult.
The good news is CMW continues to be the number one seller and innovator of model railroad inspired HO and N scale vehicles. Our products continue to be highly sought after and are featured on numerous model railroads and collections around the world. So how do we continue to provide great products to our consumers while trying to keep pricing in-check and increase speed-to-market?
The solution was to join forces with a qualified US company with the resources to make what we started in 1997 even better. That company had to understand the hobby distributor and retailer, the consumer and have a dedication to producing high quality innovative product. And finally, a company with a large diverse product line that is essential to contracting that factory's total production time.
We accomplished that task which is why I am proud to announce that perfect partner to carry on the legacy of the Classic Metal Works brand - Tom Lowe's Round 2, LLC. Round 2 will now be producing and marketing all of CMW's brands!
My association with Tom Lowe goes back 25+ years to my days at Craft House Corp. We share the same passion for the hobby industry and the products we make. Joe and I could not trust our company's brand equity to a better team. Tom Lowe and the entire Round 2 team understand every facet of the business of hobbies but most importantly they understand our current and future consumer.
Finally and most importantly, Joe and I want to personally thank you for the tremendous support you have given us and our company for the past 20 years. Without you there would not be a Classic Metal Works brand family. We are truly excited for the next 20 years!
Best to all,
Bill and Joe Giacci
CMW Holdings, Ltd.