Now the last dedicated Meccano factory in the world is being closed and dismantled. The Canadian company that owns Meccano has said the plant at Calais will close at the beginning of 2024, putting 51 people out of work. It blamed the soaring cost of raw materials and “a lack of competitiveness” for the closure. Spin Master, which bought the brand in 2013, said Meccano toys would continue to be produced by its “network of partners in Europe, Asia and Latin America.”
“We have no other choice than to envisage the end of industrial activity at the Calais factory,” Spin Master said in a statement, adding that the factory had “never managed to break even” in spite of receiving 7 million euros in investment since 2014.
Meccano was the largest toy manufacturer in the UK by the 1930s. “By the 1920s Meccano Magazine had a monthly circulation of 70,000 and Meccano groups had sprung up around the world,” adds The Guardian. “It has been in decline since the 1950s.”
Read more of this story at Slashdot.