Atlas - 40478A - Open Hopper, 3-Bay, 90 Ton - HELM Financial - 5149

Model Information: This model was introduced in 1977 and re-run multiple times, almost every year. In 2007, it moved to the Atlas Trainman range, where it continues to be produced.

Prototype History: The 1960s brought about a growth in car size (and capacity). Railroads that transported coal moved away from the older 2-bay 55-ton USRA standard to newer 90- and 100-ton three bay hoppers. On the WM, the first 90 ton cars were purchased for stone service to Sparrows Point around 1963. These cars were effective and long-lived. Many railroads swapped out the trucks on these cars to increase the capacity to 100 tons. Many companies produced these, including Pullman, Bethlehem, Evans, Greenville, Trinity and Ortner. Details, of course, vary from manufacturer to manufacturer, but typically they were rib-sided. As of 2007, the NS still had lots of 90 ton hoppers in coal service.

Road Name History: HELM Financial Corporation provides operating leases of freight railcars and locomotives to railroads and shippers throughout North America. Additionally, HELM services the international rail marketplace through the sale and export of North American rolling stock and motive power. Their subsidiary, HELM Rail Equipment Services, supplies locomotive parts and components, diesel engines and diesel power parts to a wide range of rail, marine and industrial markets.

HELM Financial Corporation was the largest independent locomotive and railcar operating leasing company in North America. With a fleet of 850 locomotives and 22,000 railcars, HELM was well equipped to supply their customers with the broad range of rail equipment they require.

HELM Financial Corp. was acquired by First Union Rail, a Wells Fargo Company in April 2014. First Union Rail is a full service rail leasing company offering rail cars and locomotives for lease. First Union Rail operates one of the largest and most diverse rail equipment leasing companies in North America. It offers all types of general purpose freight cars, tank cars, switcher locomotives, 4 axle and 6 axle locomotives to the marketplace. The company is based in Rosemont, IL, with offices throughout the United States and in Montreal and Calgary, Canada,

Brand/Importer Information: In 1924 Stephan Schaffan, Sr. founded the Atlas Tool Company in Newark, New Jersey. In 1933 his son, Stephan Schaffan, Jr., came to work for his father at the age of sixteen. Steve Jr. built model airplanes as a hobby and frequented a local hobby shop. Being an enterprising young man, he would often ask the owner if there was anything he could do to earn some extra spending money. Tired of listening to his requests, the hobby-store owner threw some model railroad track parts his way and said, "Here, see if you can improve on this".

In those days, railroad modelers had to assemble and build everything from scratch. Steve Jr. created a "switch kit" which sold so well, that the entire family worked on them in the basement at night, while doing business as usual in the machine shop during the day.

Subsequently, Steve Jr. engineered the stapling of rail to fiber track, along with inventing the first practical rail joiner and pre-assembled turnouts and flexible track. All of these products, and more, helped to popularize model railroading and assisted in the creation of a mass-market hobby. The budding entrepreneur quickly outgrew the limitations of a basement and small garage operation. Realizing they could actually make a living selling track and related products, Steve and his father had the first factory built in Hillside, New Jersey at 413 Florence Avenue in 1947. On September 30, 1949, the Atlas Tool Company was officially incorporated as a New Jersey company.

In 1985, Steve was honored posthumously for his inventions by the Model Railroad Industry Association and was inducted into the Model Railroad Industry Hall of Fame in Baltimore, Maryland. In addition, Steve was nominated and entered into the National Model Railroad Association Pioneers of Model Railroading in 1995.

In the early 1990s, the Atlas Tool Company changed its name to Atlas Model Railroad Company, Inc.