oreck is gone...

[ilikeoddvacuums]

it is very sad that they are gone and th think i was planning on getting one of the red oreck XL golds from the mid 90's or one of the yellow oreck XL's with a radio in it

 

[ilikeoddvacuums]

here is the red one

this one looks intesting

 

[compamac]

Is this...

Real or not? I didnt see anything about it. Please let me know

 

[ilikeoddvacuums]

yes

it is abolutely real sadly

 

[compamac]

Awww

This is sad. I really like Oreck machines. Now they are gone. They can be collectors items some day I bet though

 

[joshdonnell]

Oreck

I haven't heard anything about Oreck being gone. It can't be true.

 

[stricklybojack]

News about Oreck bankruptcy...

see link...

http://www.usatoday.com/story/money/business/2013/05/07/oreck-files-chapter-11/2142283/

 

[kirbyloverdan]

They are NOT

gone the Bankruptcy will help them and the Oreck family will take back their company . Many company's file for Bankruptcy and are still around today .

Dan

 

[super-sweeper]

They're not gone yet!

As Kirby lover has stated above, We're hoping The Oreck family will go thru with buying the company back!

 

[tolivac]

Stay tuned-don't think Oreck is dead yet.

 

[luxlife]

This happens all the time......

Just think of how many times Donald Trump has filed for bankruptcy and he just won't go away! LOL

 

[tazcatsdad]

Contrary to "popular" belief

<span style="font-family: 'trebuchet ms', geneva;">Oreck may be DOWN, but they sure as heck aren't OUT!</span>


 


<span style="font-family: 'trebuchet ms', geneva;">-- Bill W.</span>

 

[classicfan1]

once again...

We saw this in the last presidential election. The sheep think that "filing for bankruptcy" automatically means that company will be gone forever and all workers will be forced to find another job. WRONG! Brankruptcy can actually be a good thing! Many companies have filed for bankruptcy and have emerged strong and ready to tackle the competition again.

 

[kirbysthebest]

Oreck is not gone

They are recovering. They have been in hardship since Katrina in 2005. Then the great "recession" has hit everyone hard.

GM and Chrysler are still here, they filed Bankruptcy in 2009. Can't say what it did to the resale value of my Jeep, but Chrysler is still here, and Oreck will be too.

 

[sebo_fan]

Yes, the less said about GM the better as far as I'm concerned - allowing SAAB to fall.

 

[kirbysthebest]

I know off topic

But GM did not allow SAAB to fail. . .they caused it.

 

[luxman107]

Chapter 11 usually ( not always ) is a reorganization and the company goes on, which from what I have read is what Oreck filed. On the other hand chapter 7 filings are most likely the end of the line.

 

[luxlife]

In Texas during all of the mid 1980's economic turmoil..

There was a popular expression: "oh thank heaven for chapter eleven". Need I say more?

 

[eurekapowerline]

Sorry to derail the subject but,

Gm was the only reason for Saab existing to this day. Gm bought out Saab ten years ago when it was failing. It was struggling after that. When Gm went under it had to get rid of Saab. Saab is now owned by a Chinese company who plan on making electric cars. My dad has worked with Gm for years and he knows about them .