Holley Performance Products
Holley Performance Products is an automotive performance company based out of Bowling Green, Kentucky. They produce mostly engine modification products, and among the company's owned divisions are popular brand names such as Nitrous Oxide Systems (NOS), FlowTech, and Hooker Headers. They manufacture and sell carburetors for V8 street and racing applications such as the Holley "double pumper".
History
Holley began in Bradford, Pennsylvania in 1896 when two brothers by the name of George and Earl Holley started a company to produce a small one cylinder three-wheeled vehicle they dubbed the "Runabout", with a top speed of 30 mph. In 1903, at the eve of the era of motorcars, the brothers decided to start the Holley Motor Company, and produced one model, the Motorette. Henry Ford, impressed by this, asked the brothers to produce a carburetor for his Model T. Additionally, the carburetor, nicknamed the "Iron Pot", was also used on Ford rival Oldsmobile's vehicles. By this time, the company had moved to Detroit, Michigan and became The Holley Brothers Company. The brothers returned their focus on the manufacturing of carburetors and ignition systems.[1]
Bankruptcy
As of February 12, 2008 Holley has filed for Bankruptcy.[1] The 2008 Bankruptcy led Holley to transfer its equity to holders of $95 million in second-lien debt.
As of September 28, 2009 Holley has filed for Bankruptcy Chapter 11 protection.[2]
See also
References
External links
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- Manufacturing companies based in Pennsylvania