Shop vac is over

[thevacomaticiec]

Nooooooo...
Just saw that shopvac buyer walk away from the deal shop vac is done...
Williamsport, Pa. – The Shop-Vac Corporation will be closing. The company, which has over 1,700 employees worldwide, informed staff members this morning.

According to multiple sources, most of the employees lost their job today and a few administrative-level employees will remain through the end of the week. Not only were the employees informed they had lost their jobs, according to multiple employees who chose to remain anonymous, but they were also informed their insurance and benefits were terminated.

We regret that we were unable to provide you with more notice. The current global pandemic and economic crisis has left the Company in dire financial conditions. The Company accordingly had been negotiating the sale of the business as a going concern, which, if such sale has been completed, would have enabled us to stay in business and continue the employment of employees. We fully anticipated the sale to be completed and for the buyer to hire all employees,” stated a letter SHOP-VAC provided to its employees in accordance with the Worker Adjustment and Retraining Notification Act.

Unfortunately, the buyer without warning walked away from the deal. This unforeseeable business circumstance has left us with no choice but to close our facilities.”

The SHOP-VAC facility on Reach Road in Williamsport has over 400 employees, all of whom will be losing their jobs as a result of the closure.

SHOP-VAC Corp. is well-known for pioneering the concept of the wet/dry vacuum cleaner.








Northcentralpa.com

 

[thevacomaticiec]

Here are more info on it :https://www.northcentralpa.com/busi...cle_22df06ee-f77a-11ea-b643-0bc122c9e71c.html



https://www.northcentralpa.com/busi...cle_22df06ee-f77a-11ea-b643-0bc122c9e71c.html

 

[thevacomaticiec]

Oh ans the canadian shopvac site is down for maintnance unknown when back up and running but the us site still works so far......

 

[Deleted member 5000]

RIP Shop-vac you will be missed

That's sad to hear a vacuum cleaner company shutdown. I'm glad i have at least 1 shop vac in my collection considering I'm in Europe.
I wish the best to the employees that lost their jobs.

I found a video on Youtube about this by searching "shopvac shutdown"

 

[thevacomaticiec]

Im glad i have my 16 gallons shop vac so sad ,

 

[eurekafansquid]

This pandemic is going too far! WE NEED TO WEAR OUR MASKS
WEAR YOUR MASKS PLEASE OR ELSE MORE STUFF LIKE THIS WILL HAPPEN
We can't let more stuff like this happen.

 

[huskyvacs]

I don't think this will be the end. Someone will buy the name up and start it going again.

 

[thevacomaticiec]

The factory are letting go of 1700 ppl allready whit out notice ....

 

[Deleted member 5000]

@huskyvacs Let's hope that will be the future. I personally prefer someone else taking over a vacuum brand than it disappearing completely.

 

[thevacomaticiec]

Agreed the frist vac i bought was a shopvac hate to see it go .

 

[hooverman99]

Its such a shame that they have to closed like this. I don't know if Shop Vac will recover from this or get a new buyer.

 

[ridgidwd0670]

How will Shop-vac (brand) owners be able to buy parts, filters & accessories for their Shop-Vac?

I got a old Shop-Vac wet/dry vac & use Cleanstream HEPA filter

 

[royalfan103]

No, not Shop Vac too!

First Fantom, then Shop Vac. Hopefully, Maytag buys them but not TTI.

 

[thevacomaticiec]

I know!!! nooooo this cant be happening not shop vac not the dry wet vac aaaw dangs&#92

 

[madman]

Yeah, someone will buy the name. The Chinese, for sure.

 

[n0oxy]

were they made in China

Were the Shop Vac vacuums even made here or were they made in China anyway?
Mike

 

[kirbyclassiciii]

n0oxy

Mike,

Some were made in China, most were made right here... but look at the bright side, if Shop-Vac completely closed its doors (the news mentioned the potential buyer backed out), then at least (for now, anyway) it avoided becoming Chinese-owned...

~Ben

 

[vacuumdevil]

Nothing of value was lost

 

[thevacomaticiec]

1700 jobs lost whit out the 60 day notice id say from that point of view the company could of warn its employees better ....

This sucks that shop vac is going under they were the referance in, wet ,dry ,pump blower and industrial vacuum glad i got my 16 gallon shop vac a few years back .

 

[huskyvacs]

Shop Vac did not warn the employees because everything was all set up so that once the buyout happened, things would continue as normal. They gave the employees notice of the buyout and the plans to sell, and what the plan was going forward. Remember, Shop Vac only has 1,700 employees WORLDWIDE, thats less than an elementary school class roster. It was like a family. The buyer just abruptly canceled the deal at the very last possible second, leaving them stuck without any recourse.

From a local newspaper serving Northcentral PA;

----------------------------------

Williamsport, Pa.
Sept. 15, 2020

The Shop-Vac Corporation will be closing. The company, which has over 1,700 employees worldwide, informed staff members this morning.

According to multiple sources, most of the employees lost their job today and a few administrative-level employees will remain through the end of the week. Not only were the employees informed they had lost their jobs, according to multiple employees who chose to remain anonymous, but they were also informed their insurance and benefits were terminated.

“We regret that we were unable to provide you with more notice. The current global pandemic and economic crisis has left the Company in dire financial conditions. The Company accordingly had been negotiating the sale of the business as a going concern, which, if such sale has been completed, would have enabled us to stay in business and continue the employment of employees. We fully anticipated the sale to be completed and for the buyer to hire all employees,” stated a letter SHOP-VAC provided to its employees in accordance with the Worker Adjustment and Retraining Notification Act.

“Unfortunately, the buyer without warning walked away from the deal. This unforeseeable business circumstance has left us with no choice but to close our facilities.”

The SHOP-VAC facility at 2323 Reach Road in Williamsport has over 400 employees, all of whom will be losing their jobs as a result of the closure.

SHOP-VAC Corp. is well-known for pioneering the concept of the wet/dry vacuum cleaner.

https://www.northcentralpa.com/busi...cle_22df06ee-f77a-11ea-b643-0bc122c9e71c.html

 

[panasonicvac]

That's a shame personally

The brand Shop Vac was what first got me introduced into wet/dry vacs and I even grew up with using SEVERAL Shop Vacs as a kid. Always thought that they were decent vacs for what they were back then. But I knew that Shop Vac had been struggling to keep up in recent years anyways on the market due to competition and quality control. In fact, the newer Shop Vac 16RTP550A Pump Vac we have out in our family ranch that barely gets used (Maybe less or more than 10 hours of use) already has a bad motor. Even if I were to buy a budget wet dry vac today, I don't think Shop Vac would've been my first brand of choice to get nor would I'd save the best for last as I know there are better options for me out there like Ridgid or Craftsman.

 

[panasonicvac]

Looks like Hilco Global is assisting with Shop Vac.

 

[thevacomaticiec]

what ya mean about that ??

 

[blknblu]

Google ..

HILCO GLOBAL ENGAGED BY SHOP-VAC TO ASSIST IN CLOSING GLOBAL OPERATIONS

https://www.hilcoglobal.com/news/me...op-vac-to-assist-in-closing-global-operations

 

[tolivac]

Like with Royal--hope Shop Vac can arise from the ashes like the Pheniex!

 

[huskyvacs]

Yeah thats what I said earlier above. The fat lady has not sung yet. Someone will save them, the IP is too valuable. It may be small, but it is valuable.

 

[tolivac]

Hope the "fat lady" can save Royal,too!Both ShopVac and Royal will be missed.

 

[panasonicvac]

I don't think the Royal brand would be coming back anytime soon. Maybe TTI could bring back the classic metal Royal uprights if they still have the machinery and tooling for them but have them sold either under the Hoover Commercial or Oreck Commercial line. It would seem strange to call a metal Royal a Hoover or an Oreck but I would like it much better if they were called Dirt Devil if TTI would be open to have Dirt Devil going back to selling commercial vacuums.

 

[fan-of-fans]

Their headquarters looks like a pretty cool building. I wish someone could save the company and keep it in the USA - not some Chinese recycled name that has nothing to do with the original product.

I still have my 5 gallon Wet/Dry Shop Vac I got for Christmas in 1997. I love it for cleaning the car, it has great suction and really gets the carpets and mats clean. Every time I use it I wash out the tank and hose with the garden hose, so it is still in excellent condition, looks and sounds brand new.

It's come in handy for overflows and water spills over the years too.