Glenwillow, Ohio-based TTI Floor Care, and Tom Oreck, announced that they are close to an agreement for the purchase of an unspecified number of Oreck retail stores by Tom Oreck. TTI assumed ownership of the stores as part of the asset purchase agreement for the Oreck Corporation, which has been finalized.

In addition, Oreck and TTI Floor Care are close to an agreement to give him a continuing role as the brand’s public spokesman and as a senior advisor to the Oreck team.

“We are excited at the potential for a partnership with Tom Oreck. He brings a great deal of successful experience with both the Oreck brand and customer service driven retail operations,” says Simon Lawson, president of TTI.  “We believe that combining this with TTI’s strength in innovation and product development will offer an exciting future for the Oreck brand, its retail partners, employees and consumers.”

TTI will maintain production at the Cookeville, TN facility and is reviewing the opportunity with regard to the remaining Oreck company-owned stores.
The Oreck brand was founded by Tom's father, David Oreck, 50 years ago.

“The strength of the Oreck brand has always come from our people. I am incredibly proud of the people who make their living operating the Oreck stores,” Oreck says. “The power of the Oreck Experience combined with the resources of TTI will serve to enhance and sustain the Oreck brand and the fine people who build, sell and service Oreck for generations to come.”