Edelbrock Considers Going Private
Edebrock Corp., the California-based maker of performance replacement parts, is considering going private. Vic Edelbrock, Jr., chairman, president and CEO of Edelbrock Corp., has proposed to acquire all outstanding shares of Edelbrock common stock, not already owned by Edelbrock or his affiliates. Edelbrock and his affiliates currently own approximately 51.2 percent of the company’s stock.
Edelbrock Launches Consumer Rebate Program
Edelbrock has launched a new consumer rebate program designed to help drivers “go fast and save cash.” Featuring Thunder Series AVS carburetors, plus mix-and-match Performer, EPS, RPM and Air-Gap manifold/carb packages, the rebate program is for specially marked Edelbrock products purchased from Apr. 20, 2004 to June 30 (one rebate redemption per household).
Edelbrock 2004 Catalog Now Available
The new 2004 Edelbrock Catalog for American Cars & Trucks is now available. Sporting a historic cover shot of Vic Edelbrock Jr. with his father’s just-restored ’32 Ford Roadster, the new catalog has 244 pages of automotive parts including manifolds, shocks, cylinder heads, fuel pumps, carburetors, camshafts, headers, crate engines, etc. It is also the company’s largest catalog to date.
Edelbrock Reports Improved Sales and Earnings for Second Quarter of 2004
Edelbrock Corp. has reported sales and earnings for the second quarter and first six months of 2004, which ended Dec. 25, 2003. For the quarter, revenues increased to $31,741,000 from $31,015,000 in the same period of fiscal 2003. Net income for the second quarter improved to $1,287,000, or 24 cents per basic share (23 cents per diluted share), from net income of $1,197,000, or 22 cents per basic and diluted share, for the second quarter of fiscal 2003.
Legendary Engine Builder Pat Musi Joins Edelbrock
Pat Musi, a championship auto racer and 30-year performance specialist, has been hired as a product development consultant for aftermarket performance product manufacturer Edelbrock Corp. In this new role, Musi will focus on nitrous systems, as well as racing cylinder heads and high-horsepower EFI products. Described as “one of the most intimidating and influential doorslammer racers in the country,” Musi opened Pat Musi Performance in Carteret, NJ, in 1969 at the age of 18. That same year he started his racing career, which includes several Pro Street world championships (including four straight from 2000-2003) and records.
Two New Additions to King’s USA Sales Team
King Bearings welcomes Steven Washington as director of aftermarket sales and Shane Turner to the role of regional sales manager.
Automotive Hall of Fame Announces Class of 2024 Inductees
Six honorees whose efforts helped shape the automotive and mobility marketplace will be recognized.
NPW Holds 10th Annual Million Dollar Vendor Awards Event
The black-tie event was held at the EAST Miami hotel in Brickell, Miami on Friday, Jan. 27.
New MAE Transmission Testing Uses CAN Communication
The company delivered a HD transmission dynamometer for testing large truck transmissions at Edelbrock’s CA R&D facility.
Arnold Motor Supply Expands Distribution, Engine Kit Offerings
The company has acquired Sioux City-based Motor Parts Center and its sister company Northern Auto Parts.
