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Ace Hobby is no more
Rumor has it that Ace Hobby has gone out of business. Another one bites the dust. But don't worry, the hobby is still booming.
Fliers1 |
RE: Ace Hobby is no more
Their [link=http://www.acehobby.com/ace/index.htm]website[/link] is still up and the latest new product update was in mid-August..
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RE: Ace Hobby is no more
Did you read on the top of the page where Great Planes bought out Ace Hobby?
Fliers1 |
RE: Ace Hobby is no more
Here is the press release:
THUNDER TIGER® APPOINTS HOBBICO®/GREAT PLANES® AS EXCLUSIVE DISTRIBUTOR FOR THE AMERICAS Champaign, Illinois, September 20, 2010 - Hobbico, Inc. announced today that they have been granted the exclusive rights to distribute Thunder Tiger products in North and South America. Thunder Tiger products will become available to hobby retailers over the coming months through Great Planes Model Distributors®. “Thunder Tiger products have been distributed by Ace Hobby Distributors since I purchased that company in 1997,” said Aling Lai, Chairman of the Thunder Tiger Group, “but now Thunder Tiger products will be available through many more retail stores and attain a larger market share. Hobbico understands the unique needs of our customers and can provide the sales opportunities and the services that our consumers deserve. I am looking forward to a long-term partnership with Hobbico as it will allow us to introduce better products for radio control customers in North and South America.” Thunder Tiger is headquartered in Taiwan and has grown to be one of the world’s market leaders in radio control models. Founded over 31 years ago, the company markets under the brands of Thunder Tiger and ACE RC. They are known for their strength in the radio control helicopter segment and are highly regarded for their expertise in RC engines, RC cars, RC airplanes and RC boats. Thunder Tiger is currently releasing the Titan X50 eCCPM helicopter that will help them continue their position in the performance, 50-size helicopter business where they have dominated with the Raptor series of helicopters. The Titan X50 helicopter and its parts will be available on September 25 in limited quantities. Other Thunder Tiger products will become available over the next 30 days due to the transition from Ace Hobby warehouses to Hobbico’s warehouses in Champaign, IL and Reno, NV. “The staff at Hobbico and Ace will be working as quickly as possible to transfer inventory to maintain the continuous supply of kits and parts”, says Ken Cutler, Sr. Vice President and General Manager of Great Planes. “During the coming months we will also be receiving new shipments of helicopters, parts and other Thunder Tiger products from the factory. It is our goal to quickly get order fill rates up to the normal high standards that our dealers expect.” Great Planes dealers should contact their sales rep for availability information. Customer support and service for Thunder Tiger products will be handled by Hobby Services. Great Planes’ export sales division will be handling the sales to distributors and retailers in Central and South America. Employee-owned since 2005, Hobbico is the world’s leading manufacturer, distributor and retailer of model hobby products, including radio controlled models, plastic model kits, rockets, trains and other hobby and toy products. |
RE: Ace Hobby is no more
Did you read on the top of the page where Great Planes bought out Ace Hobby? |
RE: Ace Hobby is no more
ORIGINAL: carrellh Did you read on the top of the page where Great Planes bought out Ace Hobby? The point is, the distributor, Ace Hobby is no longer in business. I don't think Ace gave their business away for free. lol Fliers1 |
RE: Ace Hobby is no more
I believe Ace distributes many many other products
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RE: Ace Hobby is no more
ORIGINAL: exeter_acres I believe Ace distributes many many other products Fliers1 |
RE: Ace Hobby is no more
fair enough
even if they did distribute other products.. TT was there bread and butter. Too bad. Then why is the thread title stating rumor???? |
RE: Ace Hobby is no more
In case anyone has doubts about Ace Hobby, I'm a dealer and I called my sales rep from Great Planes and yes, Ace Hobby went out of business. Great planes bought the proprietory line of Ace products but again Ace Hobby has gone out of business. Believe it or not!!!
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RE: Ace Hobby is no more
:D Excuse me, I meant Hobbico. Great Planes, Tower Hobbies Top Flight Goldberg, etc., etc., all falls under the Hobbico umbrella. And now Ace Hobby. Your right again Fliers 1.
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RE: Ace Hobby is no more
Now what happens to the TOC line of planes. Thunder Tiger bought that company. Dennis
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RE: Ace Hobby is no more
Hobbico(, Great Planes) is selling their products. I spoke with a sales rep today and their gathering info on what products ace sold the most of and their going to keep them going.
Now is the time to contact them, as a consumer and tell them what you buy and would like them to continue to manafacture, from Ace Hobby. |
RE: Ace Hobby is no more
My computer business went bust along with other small computer companies in the 1990's due to changes in the industry. I couldn't compete with the "Dells and Gateways" of the day. Sucked for me but that is life. The computer industry changed (not died) and my shop was one of the casualties. Suck it up and move on, it isn't the end of the world (that's in 2012:D). I think the same thing is happening in this hobby. Welcome to life, sometimes its good and sometimes you just try to survive.
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RE: Ace Hobby is no more
Nice thought, only Ace Hobby wasn't a rinky dink business, it was like the Gateway and Dells that did you in.
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RE: Ace Hobby is no more
They were "rinky dink" compared to Hobbico.
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RE: Ace Hobby is no more
This seems like a strange way to start a thread if you have first hand info that it is fact and not rumor.
Rumor has it that Ace Hobby has gone out of business. |
RE: Ace Hobby is no more
Please note in the press release (above) that Ace Hobby Distributors was OWNED by Thunder Tiger. Thunder Tiger decided to change how they do business in North America, and Great Planes was chosen as their distributor.
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RE: Ace Hobby is no more
So they didn't go out of business? Just changed the way they do business?
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RE: Ace Hobby is no more
The point I believe Bill is making that they are still in the manufacturing business but got out of the distributing business.
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RE: Ace Hobby is no more
This strikes me as similar to what Futaba did a number of years ago. They closed down their faciltiy in Irvine, CA, contracted with Hobbico to do all their sales and service in North America, and went about their business. Futaba did not go out of business, but they did close their US hobby operations down.
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RE: Ace Hobby is no more
then there is nothing to worry about...if you still want their products, you can get them ...case closed
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RE: Ace Hobby is no more
ORIGINAL: carrellh This seems like a strange way to start a thread if you have first hand info that it is fact and not rumor. Rumor has it that Ace Hobby has gone out of business. It didn't say Thunder Tiger went out of business, I said that Ace Hobby went out of business. FYI. |
RE: Ace Hobby is no more
Actually, they where not, but hey to each his own.
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RE: Ace Hobby is no more
Well, I was just going on what the reps and people at Hobbico told me as a hobby shop owner. As well as there not sure which product lines there going to shut down.
I called them again today in reference to your response, and their reply was the same as the first time I asked, Ace is out of business. I sent them this thread from you. |
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