NASHVILLE, Tenn. (AP) - Nashville-based vacuum maker Oreck Corporation has filed for Chapter 11 bankruptcy protection.
The Tennessean reports the company expects to continue daily operations without interruption and is looking for a buyer.
Oreck laid off an undisclosed number of employees last October and again in January, saying the move was part of a shift away from direct sales.
Oreck has about 70 employees in the corporate office in Nashville, another 250 work at its Cookeville manufacturing plant and about 325 work at its retail stores.
Oreck sells its upright vacuums and other cleaning products in hundreds of Oreck Clean Home Centers, as well as through direct phone and online sales. It distributes in the U.S., Canada and parts of Europe.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Twenty long years after taking gold when the sport debuted in 1998, the United States snapped Canada's streak of four straight Olympic golds with a 3-2 shootout victory.More >>
The Dallas Mavericks have hired outside counsel to investigate allegations of inappropriate conduct by former team president Terdema Ussery in a Sports Illustrated report that described a hostile workplace environment for women.More >>
It's the seventh gold medal for the U.S. in Pyeongchang, five of which have come from snowboard and freestyle skiing events.More >>
Russian state TV reports that curler Alexander Krushelnitsky will give back his Olympic bronze medal after failing a drug test at the Pyeongchang Winter Games.More >>
Providing entertainment at funerals in China goes back to the Qing Dynasty, which ran from 1644–1912.More >>