Oreck Moves Its Headquarters to Nashville (Chattanooga, Cookeville: sale, manufacturing, relocating)

[jguillot]

The Oreck vacuum cleaning company has moved its headquarters to Nashville. See the story by clicking on the link below.

WZTV FOX 17/Nashville

[Steve_TN]

I am wondering how many new jobs, if any, that will bring.

[JMT]

Originally Posted by Steve_TN

I am wondering how many new jobs, if any, that will bring.

According to the Tennessean there will be 75 people working at the Oreck HQ, and the state gave Oreck $750,000 to come to Nashville. Compared to what Mississippi paid Toyota to go to Tupelo and what Tennessee is probably paying Volkswagen to come to Chattanooga (which is just a guess because it's still a big secret) the $750k they're giving Oreck is a bargain.

Since Oreck had already moved its manufacturing, research & development, and call center operations to Cookeville, I bet they would've moved the company HQ to Nashville anyway.

[Big TR]

Oreck moved here back in April, so I'm not really sure why this is news at this time.

They were in quite a state of flux as most people were not relocating from New Orleans. They were recently sold to outside investors. Based on what I gathered from the interview I had they were looking to right the ship for either a public offering or a sale to another company. Katrina put a real hurt on the company.