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Holley Performance emerges from bankruptcy
by NEMS Daily Journal
19 months ago | 662 views | 0 0 comments | 6 6 recommendations | email to a friend | print
NEW YORK - Holley Performance Products, which has a facility in Aberdeen, said Monday that it is has reorganized and emerged from Chapter 11 bankruptcy protection.

The reorganization became effective June 22.

As a result of the reorganization, the company said it reduced its debt by more than $59 million and obtained new credit arrangements.

Holley is a designer, manufacturer and distributor of a diversified line of high performance automotive products including carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers and fluid transfer products.

In January 2009, Holley added 55 jobs at its Aberdeen location. According to Holley.com, the company currently is looking to hire a plant manager for the facility.
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