Corporate Profile for Edelbrock Corp., dated May 17, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published date: May 17, 1996 Company name: Edelbrock Corp.
Address: 2700 California St.
Torrance, Calif. 90503
Telephone No.: 310/781-2222
310/320-3964 (fax)
Chief Executive Officer: Vic Edelbrock Investor Relations Contact: Silverman Heller Associates Business number: 310/208-2550 Public Relations Contact: Camee Edelbrock Business number: 310/781-2222 Trading symbol: EDEL (NASDAQ NM) Industry: Automotive/Leisure Company description: Founded in 1938, Torrance-based Edelbrock Corp. is one of the nation's premier designers and manufacturers of performance replacement parts for the automotive and motorcycle aftermarkets. Automotive products include intake manifolds Noun 1. intake manifold - a manifold consisting of a pipe to carry fuel to each cylinder in an internal-combustion engine fuel system - equipment in a motor vehicle or aircraft that delivers fuel to the engine , carburetors, cylinder heads, exhaust systems Noun 1. exhaust system - system consisting of the parts of an engine through which burned gases or steam are discharged exhaust automobile engine - the engine that propels an automobile , fuel and water pumps and other parts for early and late model Ford, GM and Chrysler products. The company also produces a growing family of aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. performance products for Harley-Davidson motorcycles. Edelbrock's vertically integrated operations are led by an aggressive R&D program that features sophisticated computer-assisted design and rapid-prototyping. Designs undergo rigorous shop and road testing before being approved for production. Edelbrock casts aluminum parts in its own state-of-the-art foundry, enabling tight quality control and faster time to market. Computerized computerized adapted for analysis, storage and retrieval on a computer. computerized axial tomography see computed tomography. machining ensures the precision that produces the quality and performance Edelbrock is known for. Edelbrock's extensive distribution network includes automotive parts retail chains, independent wholesalers, mail order and direct sales to Ford, General Motors, Volvo-Penta, Chrysler and MerCruiser, a marine division of Brunswick Corp. The company also has a network of wholesalers for its Motorcycle Division products. For the first nine months of fiscal 1996, net income from automotive operations improved 26.1 percent to $4.0 million, or $0.77 per share, from $3.2 million, or $0.69 per share, for the 1995 period. Revenues for the fiscal 1996 period rose 17.1 percent, to $54.2 million, from $46.3 million a year ago. Per-share results for the fiscal 1996 period were affected by a 13.9 percent increase in the number of weighted average shares outstanding. The stock has ranged from $11.25 to $16.25 during the last year. CONTACT: Edelbrock Corp. |
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