Industrial Opportunity Partners (IOP) acquired Edelbrock in 2010, and recently acquired the COMP Performance Group (CPG) – including COMP Cams, TCI Automotive, FAST, ZEX, Inglese, and others. Edelbrock is moving to merge its operations with CPG.
We have a 300,000 square-foot facility in Olive Branch that will be the headquarters for five power brands – Edelbrock, COMP Cams, TCI, FAST, and Russell,” stated Chris Douglas, Chief Commercial Officer at the Edelbrock Group.
It is bittersweet to be leaving the home of Edelbrock – no one is applauding or reveling in the decision,” Douglas continued. “It is a sensible business strategy to provide for future growth. LA County is a very difficult place to have a manufacturing business – local competition, the wages are high, it is hard to get help, and expansion property is very expensive. This was something we had to do to remain competitive and manufacture American-made products. It was the right move to keep Edelbrock healthy and moving into the future. Edelbrock is still on track to meet the March 31st deadline necessary to stay on top of delivering products to customers.
Now that the rumors are put to rest about the demise of this legendary brand, sit back and order up your parts and be patient while the boys and girls get all moved in and ramp up production and delivery.