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Omni Models and Hobbico Sale

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Omni Models and Hobbico Sale

Old 04-05-2018, 05:08 PM
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Snow Shoe
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Default Omni Models and Hobbico Sale

Just received a 1 day notice of OmniModels customer list being sold to Horizon Hobby and have until April 6th to opt out of email, ect. being transferred.
Old 04-05-2018, 05:26 PM
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Originally Posted by Snow Shoe View Post
Just received a 1 day notice of OmniModels customer list being sold to Horizon Hobby and have until April 6th to opt out of email, ect. being transferred.
I , as a model airplane hobbyist , could think of far worse things than to be sent Email about of all things , model airplanes , from the company that bought a company I've bought model airplanes from .
Old 04-05-2018, 05:36 PM
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It has been my impression over the years that Horizon, while being a great company in some ways, did not offer the service that Tower did. I don't have anything concrete to back that up, but it is a distinct impression. There is no reason to believe that will change in the future. However, that very liberal service, which I never had the impression that Horizon offered, may be part of the reason that Tower ended up as they did. Sad......
Old 04-05-2018, 10:31 PM
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Originally Posted by JollyPopper View Post
It has been my impression over the years that Horizon, while being a great company in some ways, did not offer the service that Tower did. I don't have anything concrete to back that up, but it is a distinct impression. There is no reason to believe that will change in the future. However, that very liberal service, which I never had the impression that Horizon offered, may be part of the reason that Tower ended up as they did. Sad......
I think you'll need to give Horizon a chance. No doubt that they will retain some of the employee and management base so that Tower, Omni and Hobbico can continue the business. Of course Horizon has their way of managing things, and so will see Horizon personality in the mix. However, there may be some good as with an expanded customer base will be able to offer more. Big thing is that they need to remain profitable to stay in business, so we'll see some things that Tower did eliminated. Exactly what that is can't say, but it is fair to wait and see.
Old 04-06-2018, 03:49 AM
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Originally Posted by JollyPopper View Post
It has been my impression over the years that Horizon, while being a great company in some ways, did not offer the service that Tower did. I don't have anything concrete to back that up, but it is a distinct impression. There is no reason to believe that will change in the future. However, that very liberal service, which I never had the impression that Horizon offered, may be part of the reason that Tower ended up as they did. Sad......
My experience with both is similar to what you suggest.
Old 04-06-2018, 04:06 AM
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From actual experience as opposed to idle speculation, events for me were quite the opposite.
Tower was terrible with any service issues while Horizon was exemplary.
It will be interesting to see what happens in the future.
Old 04-06-2018, 08:58 AM
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Is Tower Hobbies done? I just got a shipment in the mail yesterday from them.
Old 04-06-2018, 10:12 AM
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Originally Posted by Stickslammer View Post
Is Tower Hobbies done? I just got a shipment in the mail yesterday from them.
No, AFAIK, administratively they were in bankruptcy and were purchased by Horizon Hobbies. They did not close up shop.
Old 04-06-2018, 04:11 PM
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I just made an order for some 2mm control rods. No indication that there were any issues.
Old 04-07-2018, 05:38 PM
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Bankruptcy judge OKs Horizon's purchase of Hobbico's RC business News-Gazette.com has more info on Horizon's purchase of Hobbico (Tower and Omni):

Horizon is buying Hobbico's Great Planes and Tower Hobbies divisions, along with its Axial and Arrma brands. Also on Monday, a bankruptcy judge approved a separate $7 million sale of Hobbico's Colorado-based model-rocket subsidiary, Estes, to an organization called The Langford Group.

An auction for Hobbico's remaining assets — including United Model, Revell US and Revell Germany — was temporarily suspended last week.

Hobbico employees will be applying for jobs in departments at Horizon rather than specific positions, and a temp agency is helping Horizon process the applications. "Due to time constraints with hiring/reviewing/interviewing 300+ employees, Express Employment is assisting Horizon with the recruitment process," Huppert wrote. "Employees who are selected to work in the Distribution Center could start on Saturday, April 7th through Express Employment." If employees apply by Friday, their seniority with Hobbico will be used to determine when they're eligible for benefits. However, "If you apply after the close of the transaction (April 6th), you would be considered a new applicant and treated like any other external candidate," according to a document attached to Huppert's email.

"We will review the applications and get in touch with candidates with whom we are interested in moving forward," the document said, later saying: "We plan to interview as many people as we can, but given the short time frame prior to closing, we will not likely be able to interview everyone." A representative for Hobbico could not be reached for comment Monday, and a representative for Horizon said the company would issue a statement after the sale closes.

The two companies were both formed in 1985 and are among the top 25 employers in the county, according to the Champaign County Economic Development Corp. Last year, Hobbico said it employs 415 people in the county, and Horizon Hobby reported 341 employees.
They are being selective on whom they immediately rehire from Hobbico. Dust hasn't cleared yet, so don't know how many employees they will retain. Both companies are about the same size.

Competing Hobby Shack renamed to Hobby People folded not long ago. America's Hobby Center quietly subsided or lost prominence a while back, may be 10 - 12 years ago? I used to remember Polks, Indy, Ace, etc.

Hobby Lobby was sold to a new owner, renamed to Hobby Express and is now moving from Nashville, TN to Ashkeville, SC.

Anyway, it will be interesting to see what the new Horizon will look like.
Old 04-08-2018, 04:28 AM
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Originally Posted by GallopingGhostler View Post
No, AFAIK, administratively they were in bankruptcy and were purchased by Horizon Hobbies. They did not close up shop.
Thanks. I haven`t been keeping up with who`s going bankrupt and who`s buying who. Ha, I was gonna ask you what AFAIK was. Never saw that one before.
Well, best of luck to all of the people employed in the hobby industry. I`ll support it all I can.
Old 04-08-2018, 05:09 AM
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You're welcome. AFAIK = "As Far As I Know".
Old 04-08-2018, 08:13 AM
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I've ordered from Tower, Omnimodels, and Horizon hobby through the years and they've all been good, but Tower is like an old friend I've always got my balsa and Towerkote from. As a scratch builder, I hope Horizon keeps stocking stuff for us, or I will have to find a new source.
Old 04-18-2018, 11:26 AM
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Originally Posted by lflf View Post
I've ordered from Tower, Omnimodels, and Horizon hobby through the years and they've all been good, but Tower is like an old friend I've always got my balsa and Towerkote from. As a scratch builder, I hope Horizon keeps stocking stuff for us, or I will have to find a new source.
Balsa USA.
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