Oreck: Bankruptcy Filed, Buyer Sought - air purifier

by:Yovog     2020-07-20
Oreck: Bankruptcy Filed, Buyer Sought  -  air purifier
Oreck Corporation, a manufacturer of vacuum cleaners and air purifiers, has filed for bankruptcy.
Tennessee announced bankruptcy on its website, saying it would consolidate assets and restructure as part of the move.
Oreck said the purpose of the bankruptcy was to help the company make good sales in the near future.
Bankruptcy will be the responsibility of a bankruptcy judge in Nashville, Tennessee.
Oreck stressed in his statement that todayto-
Operations will continue under normal circumstances.
Retailers can continue to sell Oreck products as usual.
Company statement: Oreck was founded in 1963 by David Oreck shortly after leaving the electronics company RCA.
The company was originally a vacuum manufacturer in the United States. S.
Today, Oreck claims that more than 50,000 hotels around the world use vacuum cleaners.
These machines are very popular in hotels because of their light weight. light weight.
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