Posted on 01/30/2021 10:23:03 AM PST by Impala64ssa
Edelbrock Group, a Southern California-based manufacturer and distributor of aftermarket auto parts, will soon be shuttering its Torrance headquarters which employs 270 workers.
In a recent notice sent to the state Employment Development Department, the company said employee layoffs would begin Jan. 15 and end March 31. The closure will affect 217 hourly workers and 53 salaried employees.
The Torrance facility includes executive offices as well as sales, advertising and marketing departments. The facility also has a state-of-the-art research and development department, testing facilities and manufacturing operations.
Neva Burke, Edelbrock’s vice president of human resources, didn’t give a reason for the Torrance shutdown in her letter to the EDD, although she said some of the operations will be relocated to the company’s casting foundries in San Jacinto.
She didn’t reveal how many displaced workers, if any, might be shifted to that location. Edelbrock is owned by Evanston, Ill.-based Industrial Opportunity Partners, which also declined to discuss the Torrance closure.
Edelbrock designs, manufactures, distributes and markets a wide range of aftermarket products, including intake manifolds, carburetors, camshafts, cylinder heads, exhaust systems, shock absorbers and other components designed for most domestic V8 and select V6 engines.
Edelbrock’s website lists six company locations, including the headquarters in Torrance, two casting foundries in San Jacinto, a distribution center in Olive Branch, Miss., a carburetor factory in Sanford, N.C. and the Edelbrock Race Center in Mooresville, N.C.
In February 2020, Industrial Opportunity Partners acquired COMP Performance Group, whose automotive brands include COMP Cams, TCI Automotive, FAST, ZEX and Inglese.
In the article, it says they are going to another part of California. Even names the city.
??????? The company is moving up the road. The employees can probably commute with the way traffic is anyway.
We had a Datsun 510 sedan with those dual points. You not only had to set the gap correctly, you had different timing between the two sets of points, depending on the gap on the second set of points.
IIRC, gap was .016” pretty much the thickness of a business card.
Our 2004 Honda CR-V has 330k miles, coils over each plug, iridium plugs and, of course, electronic ignition. Every 100K miles or so, I get to feeling guilty and change the plugs.
No, I don’t want to go back to the “good old days” of changing plugs, points, rotor & cap, plug wires every 15K to 30K miles
I know. Moving 4 miles up the road is tragic. Lol.
last car i could change the oil on was any mopar 1980’s car. got a 2015 jeep have to take it in to get oil changed sigh I miss changing my own oil and plugs and points.
That is the reason I always hated working on Chevys and stuck with Fords.
It was way to uncomfortable to adjust the timing/dwell, replace the points or condenser.
I think I finally tossed my timing light and dwell meter during my last move. I imagine I will regret that someday.
**************
Not exactly.
"Neva Burke, Edelbrock’s vice president of human resources...said some of the operations will be relocated to the company’s casting foundries in San Jacinto. She didn’t reveal how many displaced workers, if any, might be shifted to that location."
As far as building goes, it’s 4 miles. How many people to transfer is unknown. True. My point is that many were laughing because California was losing a company which isn’t true.
I get your point. California is not actually losing the company — yet.
However, it may turn out that IOP’s acquisition of COMP (which is located in other states) could lead to it to look at moving Edlebrock to less expensive locations to improve operations and efficiency. That’s the kind of cost reducing consolidation that private equity looks for. Not only that, Edelbrock’s real estate in California can be sold off. Such financial considerations cannot be igonred.
Not saying that’s going to happen but part of IOP’s operating thesis with respect to Edlebrock (stated on their website) is “to improve operations and efficiency”. It also stated that it wants to optimize Edlebrock’s operational footprint. So relocation cannot be ruled out and California could wind up losing the company.
Thats what they called it back then.
Now I do not know what the hell they call it.
Should have gone out. But, there was a couple of incidents out on the lakes back then that convinced us to not go. Not one of us went out.
I can see that happening. The sport is Eurocentric, and therefore susceptible to the creeping greeniacs.
I don’t know that the teams would push that move unless there were some distinct performance gain to be had. But there’s a whole political posturing aspect that could easily compel a sort of Naked Emperor sea change led by a few teams seeking optics for advertising.
Man, I dunno. I think before you’d get to that point there’d be secession, backed up by the whizzzzz, whizzzz, whiiiiinnnneeee of live rifle rounds emphasizing the “Oh, HELL no” of the matter.
If there was such a push of greeniac BS that pressure was on NASCAR to go electric, for damned sure there’d be a whole crop of other envirocrap being pushed right along with it, and I can’t feature everybody just rolling over and mumbling an acquiescent “OK.”
Fedzilla tries to push that hard I think things are finally gonna explode into conflict at arms.
I’m actually not happy any companies are moving out of California. They move to Texas, Nevada, Georgia, Arizona for cheaper ways of running the business only to make the places they move to a Democratic State. California has 40 million people. If just 10 percent move to other states it can cause irreparable harm to the country.
All together too many folks have taken up the story of backwoods moonshiners souping up Flathead Fords during prohibition.
Prohibition ended with the ratification of the Twenty-first Amendment, which repealed the Eighteenth Amendment on December 5, 1933, though prohibition continued in some states.
The first of the Ford L-head (flathead) V8 engines left the factory on March 9, 1932.
The Mob was moving booze by the truckloads, not souped up Model A’s.
In the mid 30’s Moonshiners certainly souped up the early V8s in backwoods runs after Prohibition to evade the “Revenoors”. Possible that some did get the early flatheads, but a brand new car would stand out like WC Fields nose in the country side, sure to alert the Tax Men.
Some hot rod documentaries believe that the west coast hot rods came about by the masses of returning GIs with dollars in their pockets and the need for speed.
The movie “Ford vs Ferrari” has the scene with Iacocca making his pitch for a sports/sporty car (Mustang), making just that point...of course sex was the number one item on the young vets bucket list.
As wealthy as Jay is, he could
have his projects built out of
state, and shipped to his garage.
I would think that he too, has
to jump through a lot of hoops
to get his stuff inspected and
registered.
California has really tightened
down on smog, vin numbers, and
vehicle safety. There are many
parts that Edlebrock manufactures
and sells that aren’t legal for
sale in California, for every day
passenger vehicles.
Our family had a 63 Ford Galaxy with a 390. It was a screamer.
Some big companies are leaving liberal New York and relocating to Florida. Their people will undoubtedly transport their voting habits to their new state.
A friend of mine had a Ford around that time. Can’t recall the particular model but believe it had a 390, with some modifications. A little sluggish is first gear but the G force was unbelievably strong when it shifted into second gear. It would put down some serious rubber. LOL
You might enjoy this: Asleep at the Wheel — Hot Rod Lincoln
https://www.youtube.com/watch?v=G_PsEJ5eKNo
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