Edelbrock closing?

[Mustanggtvert32907]

I read an article that edelbrock is closing its headquarters. Anyone know what this might mean for everyone that has an edelbrock s/c?

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[XS]

According to their vice president of Human Resources, they are cost cutting and consolidating operations in two other California locations. It does not sound like the company is closing all together. It sounds like the private equity firm that owns them is squeezing them either because earnings were lower than expected or because they acquired other performance companies last year and are looking to consolidate/conglomerate.

 

[ZPD]

I don't know the details of this particular situation but a few years ago I did business with Edelbrock and a few years prior to that they were purchased by a PE firm.

 

[carguy231]

Sad. Yes the HQ is closing but there will be a "racing center" in Missippi combined with Comp Cams....

https://www.dailynews.com/2021/01/2...with-270-employees-closing-torrance-facility/

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