Edelbrock HQ is closing. Bob says that Edelbrock HQ is moving to Mississippi, as California has it in to ruin businesses and the internal combustion engine

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.

 I didn't know that Edelbrock sold out in 2010, so, I guess that either there was a decision made by Vic Jr, Camie and Callie to sell, or, they were taken over by the investment firm that has owned Edelbrock since 2020 - Industrial Opportunity Partners (IOP), a private equity firm... who in Feb 2020 bought out Comp Performance Group, which includes Comp Cams, and TCI

I suppose the facts are probably clear, the era of hot rod upgrades is over. Not many people have muscle cars and hot rods, and fewer are upgrading them (you only need to do that once) and the prices are ridiculous anyway. 

For example, if you buy a Chevy, are you going to day two it, and put on Cragars? Nope. Are you going to put on a better looking air filter housing? Nope. Are you going to change the heads? Nope. 

Probably because the cost of living is still increasing pretty bad, well, increasing unexpectedly worse than you thought it would now that Biden is president (I'll let you look those facts up) and you aren't getting pay raises to keep up with inflation, and new cars have a pretty darn nice set of heads, rims, and no one lifts the hood on new cars now to look at how cool the engine is... because it's not a good looking engine anymore, and it's covered by a clip on engine cover. No, I don't know why, but I think it's because engines are ugly now. 

Anyway, there it is, the news. Edelbrock's shutting down, because the people that ran it, aged out, and the people that own it, are only interested in profit. 

https://www.dailybreeze.com/2021/01/28/auto-parts-maker-edelbrock-with-270-employees-closing-torrance-facility/amp/  via  https://www.thedrive.com/news/39011/legendary-auto-parts-manufacturer-edelbrock-is-closing-its-california-headquarters

2010 – Industrial Opportunity Partners strategically invests in the Edelbrock Corporation 

2018 – Don Barry, from ISN, joins Edelbrock as the President and CEO

https://en.wikipedia.org/wiki/Edelbrock