Basic Fun, a Florida-based toy design and development company that since 2019 has owned the Tonka toy brand, has filed for Chapter 11 bankruptcy protection as part of a financial restructuring plan.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min While Tonka is just one brand of ...

In 1946, a company called Mound Metalcraft was founded in Mound, Minnesota, near the shores of Lake Minnetonka. Although Mound Metalcraft was primarily fixated on manufacturing garden tools, a former ...

The CEO of the company that makes Tonka Trucks and Care Bears successfully exited a four-month stint in bankruptcy court last week that made all of his creditors whole — all while he was busy fending ...

Nothing seems more innocent than a kid riding on a toy car, but a recent recall has some parents scared. Huffy released a ride-on Tonka Dump Truck featuring the brand's signature black and yellow ...

Growing up, everyone remembers their favorite toy. And for many generations, that toy was a Tonka Truck. For several decades the toys were made right here in the Twin Cities. Right after World War II, ...

Children's infatuation with marbles and wooden toys was fading in the late 1940s. And the Space Race era of imaginative toy rockets and robots had not yet begun. This was the moment when a trio of ...

Tonka Toy Restoration - Toy Repair Tonka 1970 In this video I restored a vintage toy from 1970. This Tonka T6 Bulldozer was very rusty and some parts was replaced with new ones. Now it's perfectly ...

Many people alive today have memories of Tonka trucks, which have been an enduring element of the children's toy market for more than 70 years. Now owned by Hasbro, these realistic metal toys were ...

In this video, a vintage Tonka T6 Bulldozer from 1970 undergoes restoration. The toy was very rusty, with some parts replaced to bring it back to pristine condition. Due to limited information on the ...