Edelbrock—Layoffs

Another reason why I don’t believe this is ALL just a “California is miserable for business thing”....

#1) Edelbrock Corp does not own the land the main plant and HQ is on....it’s still owned by the family

#2) Two other parcels with museum and manufacturing were sold by Edelbrock Corp (ISN) last April 2020 and Oct 2019 for.... $18.1M and 9.6M respectively. ... all public record BTW.

I’m thinking $29.7 million will buy you some property and buildings in Olive Branch Mississippi for everyone to be under one roof...

...and maybe leftover to pay down some debt too??? Or maybe down payment on another business???