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-   -   Edelbrock Closing in Torrance (https://www.yenko.net/forum/showthread.php?t=165482)

GM Powertrain 01-30-2021 03:43 PM

Edelbrock Closing in Torrance
 
No word on the other locations. California doesn't sound like the place to be these days. Red tape city.

https://www.thedrive.com/news/39011/...a-headquarters

427TJ 01-30-2021 06:59 PM

Private equity. That's 99% of what is happening here. Also cheaper to move, as Centerline did (to China), to take advantage of cheaper labor, taxes, etc. I think it was Vic who sold the company to private equity? This is simply capitalism at work.

scuncio 01-30-2021 07:33 PM

Agree, private equity at work. As a venture capital investor I know the business well.

L72copocamaro 01-31-2021 02:57 AM

CA is beautiful. Unfortunately, there are a number of reasons not to stay here. Can't fault people or businesses trying to do better for themselves.


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