Oreck corporation files for bankruptcy

Oreck Corporation filed for Chapter 11 bankruptcy protection according to The Tennessean.

The paper also reports the company recently went through two layoffs.

David Oreck no longer owns the vacuum cleaner company that used to be based in New Orleans.

After Hurricane Katrina the company moved to Nashville.

There are four franchises currently in the New Orleans area.

Workers at one location told WGNO news the company is simply looking to restructure and the bankruptcy will not affect daily operations.



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