Originally Posted by
Stickslammer
I haven`t done research on who has gone out of business and who hasn't, but what about Tower? I still buy stuff from them and it seems like everything is pretty much the same. Are they now a subsidiary of Horizon? If I`m using the right term.
Yes, Horizon purchased most of Hobbico including Tower just after Hobbico filed chapter 13. IMO Horizon is following in Hobbico ‘s footsteps and will eventually suffer the same fate. As far as the AMA goes, yes their finances look bad. I agree with that . I however see it as a result of the poor health of the hobby overall. If the hobby was thriving the same as in the ‘80s and early ‘90s then the membership would be up and participation at Muncie would be up as well.