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Edelbrock's real reason for leaving Cal-I-For-Ni-a

My first real toolbox was a Mac double bay bottom with a Mac Racing awning top. I bought it from the Snap-on man who had just repo'd it. It came with the tools that he owed on as well. I paid $2,400 dollars, which was 200 more than what the guy owed on it. It was cool, but the awning and pegboard just took up space and I quickly ran out of room.
It pains me that Mac has started making some of their tools in China. I still have all of the tools that were in the box when I bought it.
That was a steal for the box and tools. Ya the business is changing. Snappy was complaining about the MIC tools as well. THey were really pissed about the Snap On branded products sold at the big box stores. I was a dealer for 28 years and when I turned 62 and had some heart problems it was time to get out. I'm glad I did.
 
That was a steal for the box and tools. Ya the business is changing. Snappy was complaining about the MIC tools as well. THey were really pissed about the Snap On branded products sold at the big box stores. I was a dealer for 28 years and when I turned 62 and had some heart problems it was time to get out. I'm glad I did.
I give you credit, the tool trucks that came to my Father's shop always had repo stuff and stories about getting burned by deadbeats they gave credit too. Stress probably played a big part of your heart problems. Sipping Buffalo Trace is much more soothing, I'm sure.
 
I give you credit, the tool trucks that came to my Father's shop always had repo stuff and stories about getting burned by deadbeats they gave credit too. Stress probably played a big part of your heart problems. Sipping Buffalo Trace is much more soothing, I'm sure.
Yes sir. That's what I'm finding out. Keeps the blood thin and the pressure low. LMAO
 
Lookit...
manufacturers have been either relocating out of the country OR to the SE US for many years
now - for the same economic reasons. No new news there.
Whether or not anyone wants to acknowledge it, the political climate of a given region
plays a major role in whether or not that region is "manufacturing friendly" - or even actively,
aggressively recruiting manufacturers to move to their jurisdictions.

After all, "economic reasons" encompasses all manner of things that affects the cost of manufacturing -
from environmental regulations, to tax laws, to cost of living, to utility costs, to real estate prices -
and yes, to the expected labor rates to be encountered (including trainig) - a LOT of what makes up an
economic climate is influenced, and sometimes directly controlled, by whatever political majority is in
place in a given region.

In my state (and specifically, my part of TN), they've been quite aggressive in recruiting all manner of
manufacturing for decades now. The result is that many of the suppliers and vendors to the new car
manufacturing industry call this area home - and of course, in other parts of the state, the actual
new car assembly plants of many makers, foreign and domestic, have been here for quite a while.

That's no fluke - a naturally lower cost of living, easier environmental regulations, vastly cheaper
real estate and taxation costs have attracted many already.
When coupling all that to very aggressive political recruiting decisions, a lot of companies enjoy breaks
from taxes for years, too - not to mention, infrastructure and such are bonded and built to accomodate
their needs.

Bottom line? Competition, as always. Free market competition. Capitalism - this time between competing
regions, at least the ones genuinely interested in bettering the lives of their constituents.
The positions of the two players in the political arena in this country are WELL known as to which side of
this issue they fall under, so you can pretty much guess which party is dominant in the parts of the country
where aggressive measures are taken to recruit big manufacturers and their jobs.
To believe otherwise is pure folly - it is what it is.
 
It's California. Look at who and how it's ran and for how long. You even have celebrities leaving that place in droves it seems. Tax laws, regulations, etc and the fact you have to step over some dude's pile of dung he left that morning only makes it more inviting.
 
View attachment 1066466
Legendary auto parts manufacturer Edelbrock recently announced to the state of California its intent to close the long-time company headquarters located in the city of Torrance. This sparked a wildfire of speculation for the closing, ranging from financial problems to political concerns--but as a company official revealed to The Drive, the reason is much simpler. BS, they are leaving high Taxes California for no Taxes Mississippi and wages at half the California price. The Auto Industry did this with car plants in the deep south and Mexico. The Younger Edelbrocks running the company don't have the California loyalty of the founders, with them its all about the money.

View attachment 1066468© Provided by The Drive
While Edelbrock is closing its Torrance facility, the company itself won't be closing up shop. Instead, Edelbrock will be moving its headquarters to Olive Branch, Mississippi, where it will share a building with its step-sister company, Comp Cams.

View attachment 1066469© via Edelbrock One of the Edelbrock Foundries in San Jacinto, California
The move to Mississippi is fueled mainly by the need for growth and Edelbrock's inability to fulfill its needs at the Torrance facility at a reasonable cost. In addition to the property itself not being conducive to expansion, the location has also been the root cause of the company's high cost of labor. With both issues considered, the company determined that the best course of action would be to fold-in the Torrance facility in favor of another location.


"For us, the decision really came down to a couple of criteria," said Edelbrock Group Chief Commercial Officer Chris Douglas to The Drive. "Number one, labor is extremely hard to come by in Los Angeles county. You're competing against the aerospace industry; Boeing and some others have a lot of presence there. SpaceX is another one that we battle all the time for machinists. SpaceX has a big presence in El Segundo which is just down the street from Torrance."
 
BS, they are leaving high Taxes California for no Taxes Mississippi and wages at half the California price. The Auto Industry did this with car plants in the deep south and Mexico. The Younger Edelbrocks running the company don't have the California loyalty of the founders, with them its all about the money.
 
View attachment 1066466
Legendary auto parts manufacturer Edelbrock recently announced to the state of California its intent to close the long-time company headquarters located in the city of Torrance. This sparked a wildfire of speculation for the closing, ranging from financial problems to political concerns--but as a company official revealed to The Drive, the reason is much simpler.

View attachment 1066468© Provided by The Drive
While Edelbrock is closing its Torrance facility, the company itself won't be closing up shop. Instead, Edelbrock will be moving its headquarters to Olive Branch, Mississippi, where it will share a building with its step-sister company, Comp Cams.

View attachment 1066469© via Edelbrock One of the Edelbrock Foundries in San Jacinto, California
The move to Mississippi is fueled mainly by the need for growth and Edelbrock's inability to fulfill its needs at the Torrance facility at a reasonable cost. In addition to the property itself not being conducive to expansion, the location has also been the root cause of the company's high cost of labor. With both issues considered, the company determined that the best course of action would be to fold-in the Torrance facility in favor of another location.


"For us, the decision really came down to a couple of criteria," said Edelbrock Group Chief Commercial Officer Chris Douglas to The Drive. "Number one, labor is extremely hard to come by in Los Angeles county. You're competing against the aerospace industry; Boeing and some others have a lot of presence there. SpaceX is another one that we battle all the time for machinists. SpaceX has a big presence in El Segundo which is just down the street from Torrance."
 
Great to hear that they are moving forward and not closing! Good product family! Wishing them the best with their changes.
 
Surprised this is just now going on!
I wouldn't have any company there or n.y. for that matter !

Glad to hear there moving and giving some decent people some new jobs down here!
 
Still waiting on Fisker to start production in GMs old Wilmington DE plant, 11 years and counting.
 
View attachment 1066466
Legendary auto parts manufacturer Edelbrock recently announced to the state of California its intent to close the long-time company headquarters located in the city of Torrance. This sparked a wildfire of speculation for the closing, ranging from financial problems to political concerns--but as a company official revealed to The Drive, the reason is much simpler.

View attachment 1066468© Provided by The Drive
While Edelbrock is closing its Torrance facility, the company itself won't be closing up shop. Instead, Edelbrock will be moving its headquarters to Olive Branch, Mississippi, where it will share a building with its step-sister company, Comp Cams.

View attachment 1066469© via Edelbrock One of the Edelbrock Foundries in San Jacinto, California
The move to Mississippi is fueled mainly by the need for growth and Edelbrock's inability to fulfill its needs at the Torrance facility at a reasonable cost. In addition to the property itself not being conducive to expansion, the location has also been the root cause of the company's high cost of labor. With both issues considered, the company determined that the best course of action would be to fold-in the Torrance facility in favor of another location.


"For us, the decision really came down to a couple of criteria," said Edelbrock Group Chief Commercial Officer Chris Douglas to The Drive. "Number one, labor is extremely hard to come by in Los Angeles county. You're competing against the aerospace industry; Boeing and some others have a lot of presence there. SpaceX is another one that we battle all the time for machinists. SpaceX has a big presence in El Segundo which is just down the street from Torrance."
Just another company realizing it is no longer economically feasible to conduct business in California. You can say it is not political, but you would be wrong. The economic philosophy is political. As the left coast moves farther to the left they need more money to fund their socialist programs and they see businesses as their own cash cows. 440 Source left for Nevada about 10 years ago. The reason? Taxes, fees, and wages threatened to drive up the cost of their products to the point where they would no longer be competitive. So call it economics, call it political, either way another company has left California. More to come.
 
The Younger Edelbrocks running the company don't have the California loyalty of the founders, with them its all about the money.

There should be no loyalty to any state! Why should the younger E-brocks have or show any loyalty to that state? So they can be run into the ground and die? NO, they're placing their loyalty on keeping the Company alive and profitable, and if that means moving to another state, SO BE IT!!!!
 
A follow up to my previous post. There is a bill that was introduced in August, Assembly Bill 2088 (AB 2088) In a nutshell California thinks they can impose a wealth tax and that they can tax you for 10 years after you leave the state.
 
There was also reference to what the state flag should be. I won't repeat it, I do not wish to offend our friends from Cali.

Screw them, they deserve to be offended! Post it up!!!!
 
There are no "young Elelbrocks" running the business. It is owned by a corporation and the family really has no say in how it's run. When Vic passed away the company told the family to move his on site car collection out of the building and they turned it into office space. I'm never surprised when I hear about a company moving out of California.
 
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