Model Power - 1470 - Structure, Railroad, Storage Tank - Shell Oil

Model Information: Several Model Power structures are re-branded versions of European models (Pola N (now Faller), Piko, etc.)
Note: Indicated original retail prices have been collected on various recent on-line price lists, as no other source was found. They might not necessarily reflect the original price when the item was effectively released, but give an indication for pricing in the last two decades.

Road Name History: Shell Oil Company is the United States-based subsidiary of Royal Dutch Shell, a multinational "oil major" of Anglo-Dutch origins, which is amongst the largest oil companies in the world. Approximately 22,000 Shell employees are based in the U.S. The U.S. head office is in Houston, Texas. Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers.

Shell is the market leader through approximately 25,000 Shell-branded gas stations in the U.S. which also serve as Shell's most visible public presence. Shell Oil Company is a 50/50 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which owns and operates three oil refineries on the Gulf Coast of the United States. The Shell Oil Company Warehouse, built in 1925 and located at 425 S. N. 16th Ave. Phoenix, Arizona. It is listed in the National Register of Historic Places.

Shell products include oils, fuels, and card services as well as exploration, production, and refining of petroleum products. The Shell Oil Refinery in Martinez, California, the first Shell refinery in the United States, supplies Shell and Texaco stations in the West and Midwest.

In 1997, Shell and Texaco entered into two refining/marketing joint ventures. One combined their Midwestern and Western operations and was known as Equilon. The other, known as Motiva, combined the Eastern and Gulf Coast operations of Shell Oil and Star Enterprise, itself a joint venture between Saudi Aramco and Texaco.[6] After Texaco merged with Chevron in 2001, Shell purchased Texaco's shares in the joint ventures. In 2002, Shell began converting these Texaco stations to the Shell brand, a process that was to be completed by June 2004 and was called "the largest retail re-branding initiative in American business history."

Brand/Importer Information: Founded in the late 1960's by Michael Tager, the 3rd generation business specializes in quality hobby products serving the toy and hobby markets worldwide. During its 50 years of operation, Model Power has developed a full line of model railroading products, die-cast metal aircraft, and die-cast metal cars and trucks.

In early 2014, Model Power ceased its business operations. Its extensive portfolio of intellectual property and physical assets are now exclusively produced, marketed, sold, and distributed by MRC (Model Power, MetalTrain and Mantua) and by Daron (Postage Stamp Airplanes and Airliner Collection).