Con-Cor - 0001-04041C - Passenger Car, Lightweight, ACF Observation Lounge - Penn Central

Prototype History: American Car & Foundry was a prominent player in the post-war lightweight streamlined era. They produced many different models for most of the major players in the passenger space. Most of these cars were of the 'Smoothside' style. Being lightweight, they were equipped with 2-axle high-speed bogies. One example of this period is the Observation-Lounge car built for the Great Northern by Pullman Standard in 1951 for the Empire Builder as the “Mountain” series observation cars. The cars were configured as 2 Roomette-buffet-lounge-observation units. These cars were moved to other GN trains such as the Western Star in 1955, and replaced by the “Coulee” series 6-4-1-observation cars.

Road Name History: The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American Class I railroad headquartered in Philadelphia, Pennsylvania, that operated from 1968 until 1976. It was created by the 1968 merger of the Pennsylvania and New York Central railroads. The New York, New Haven & Hartford Railroad was added to the merger in 1969; by 1970, the company had filed for what was, at that time, the largest bankruptcy in U.S. history.

The Penn Central was created as a response to challenges faced by all three railroads in the late 1960s. The northeastern quarter of the United States, these railroads' service area, was the most densely populated region of the U.S. While railroads elsewhere in North America drew a high percentage of their revenues from the long-distance shipment of commodities such as coal, lumber, paper and iron ore, Northeastern railroads traditionally depended on a mix of services.

As it turned out, the merged Penn Central was little better off than its constituent roads were before. A merger implementation plan was drawn up, but not carried out. Attempts to integrate operations, personnel and equipment were not very successful, due to clashing corporate cultures, incompatible computer systems and union contracts. Track conditions deteriorated (some of these conditions were inherited from the three merged railroads) and trains had to be run at reduced speeds. This meant delayed shipments and personnel working a lot of overtime. As a result, operating costs soared. Derailments and wrecks became frequent, particularly in the midwest.

The American financial system was shocked when after only two years of operations, the Penn Central Transportation company was put into bankruptcy on June 21, 1970. It was the largest corporate bankruptcy in American history at that time. Although the Penn Central Transportation Company was put into bankruptcy, its parent Penn Central Company was able to survive.

The Penn Central continued to operate freight service under bankruptcy court protection. After private-sector reorganization efforts failed, Congress nationalized the Penn Central under the terms of the Railroad Revitalization and Regulatory Reform Act of 1976. The new law folded six northeastern railroads, the Penn Central and five smaller, failed lines, into the Consolidated Rail Corporation, commonly known as Conrail. The act took effect on April 1, 1976.

Read more on Wikipedia.

Brand/Importer Information: Con-Cor has been in business since 1962. Many things have changed over time as originally they were a complete manufacturing operation in the USA and at one time had upwards of 45 employees. They not only designed the models,but they also built their own molds, did injection molding, painting, printing and packaging on their models.

Currently, most of their manufacturing has been moved overseas and now they import 90% of their products as totally finished goods, or in finished components. They only do some incidental manufacturing today within the USA.

Important Note: The Con-Cor product numbering can be very confusing. Please see here in the article how to properly enter Con-Cor stock numbers in the TroveStar database.