Holley Performance Products Inc. filed for Chapter 11 protection Monday after agreeing with major creditors on a plan to lighten its debt load.

Papers filed in the U.S. Bankruptcy Court in Wilmington, Del., say Bowling Green, Ky.-based Holley has votes of support for its Chapter 11 restructuring plan from the majority of its secured noteholders


Holley Performance Files for Ch 11 - AP - National Business News - Portfolio.com

From their Website
>>>>>In 1994, Holley underwent major changes. The original equipment division was sold to Borg-Warner, which led to the relocation of Holley Replacement Parts' headquarters to Bowling Green, KY. At this time, the company's name became Holley Performance Products.

Over the next several years the Holley name was placed on Hirel Technologies Fuel Injection, Weiand Automotive Industries, Lunati, Hooker Headers, Flowtech Exhaust, Earl's Performance Plumbing, and NOS. These acquisitions have allowed customers to purchase any performance product, all made with the Holley approach to quality. <<<<

----------------------

I THOUGHT they were part of Mr Gasket - Guess I was wrong.

Sounds like a pre-packaged bankruptcy - Not unusual at all (or a death sentence).

__________________
"The Doctor"
www.wannaberacing.com

I dunno, their Hooker headers are among the best, from what I hear.

__________________
Q: What do you call cheese that doesn't belong to you?
A: Nacho cheese!

Hooker quality isn't what it used to be.Plenty of Hooker decals on race cars,but alot are not real Hooker headers.

One big problem with Holley was their former big wigs got the company in debt and then left.

__________________
Jackee Allen-ProStockJunkie
"The aim of an argument or discussion should not be victory, but progress." -- Joseph Joubert (1754-1824) French Philosopher