Royal Appliance Mfg. Co., a subsidiary of the TTI Group, announced today that the United States Bankruptcy Court, Middle District of Tennessee formally approved the company as the winning bidder for the assets of the Oreck Corporation.
“Oreck is a great brand representing high quality innovative products and great customer service,” Simon Lawson, global president, TTI Floor Care said.
TTI confirmed its plans to maintain production at the Cookeville, TN facility.
“The Cookeville plant has unique capabilities and represents a strong fit with our existing portfolio of production facilities,” Lawson said. “We will be reviewing the situation with regard to Oreck company-owned stores and will be meeting with the team in Oreck’s Nashville headquarters over the next few days to discuss future opportunities.”