Bad news for Holley - again!

[Alan Roehrich]

Holley going bankrupt has nothing to do with the fact that they make carburetors. It has everything to do with the fact that they were run into the ground by Jeff King. Their problem is that he leveraged everything they'd have made for 25 years to buy up every company he could get his hands on. They had ten times as much debt as they could service, and a poor business plan to service their debt.

Holley makes fuel pumps, carburetors, intakes, cylinder heads, fuel injection components, and if you count Hooker, they make headers. Edelbrock makes fuel pumps, carburetors, intakes, cylinder heads, fuel injection components, and headers. Holley is foundering, Edelbrock is surviving with relative ease. Why? Because Edelbrock is not loaded with debt they can't service, but Holley is. Holley is sort of like this country. Loaded with debt it can't service, and foundering.