Auto parts maker Edelbrock, with 270 employees, closing Torrance facility

https://www.dailybreeze.com/2021/01/28/auto-parts-maker-edelbrock-with-270-employees-closing-torrance-facility/amp/

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.

Probably going to Texas.

Considering the policies in California, can you blame them?

Actually they are moving most management and sales positions to Comp Cams headquarters in Tennessee, while others will be moved to offices in the foundries. Comp and Edelbrock merged last year, this is the result of that and California having an anti - business government that has raised taxes and regulation to the point that no one wants to live there if they have a choice. Nissan and Toyota already left Torrance - Comp Cams / Edelbrock is simply doing the best thing for their company.

I read an article the other day that both Eldelbrock & Comp Cams are moving to Mississippi. The article stated that Comp Cams that they are moving from Memphis. As of now, they state, Edelbrock’s foundry is staying in California, but I’m sure they won’t be far behind.

When will they learn? How long until big tech wakes up?

Talked to an Edelbrock rep the other day, Foundry (for now) is the only thing staying in Calif. He was not a happy camper. Most will not be going to Mississippi where everything is moving to including the Tenn offices. Old Miss is much more user friendly, lower wages, and not all the EPA hassle let alone the taxes that are coming down the line. It’s also a chance to get rid of some jobs and go to robotics.They did merge, but this is a chance to cut operating costs and increase profit.