Freedom Industries, Grainger Industrial to go into receivership

Grainger Industries is set to go under receivership after more than three decades of operation.

The U.S. Federal Trade Commission on Thursday filed a complaint against the company alleging violations of anti-trust law.

“The Commission has the power to impose a permanent restraining order, and today’s complaint alleges that Grainger has not performed its duties as a corporation,” said FTC Chairwoman Edith Ramirez.

“We urge the company to immediately cease its activities and make all necessary changes to its operations to comply with the Commission’s order.” 

The company, based in Florida, has operated in a sprawling industrial facility in Florida for decades.

The Grainger brand is a household name in the United States, selling the products that customers use on the home front, such as a microwave oven and toothpaste. 

Gravity Machines was the first to offer the vacuum cleaner in 1998, followed by the vacuum and vacuum-dry vacuum cleaners.

The company also offered a line of vacuum cleaners for sale to the general public.

The vacuum cleaner was the product of Grainger’s acquisition of a company that produced a vacuum cleaner, which had been around since the 1800s.

The current name of the vacuum was “Molten Salt” and the company changed the name to “Sonic Screwdriver” in 2007.

In 2009, the company acquired the company Gravity Machines for $5.2 billion. 

A spokeswoman for Grainger said that the company is aware of the allegations and will defend itself vigorously. 

The FTC also announced the creation of a task force to investigate possible violations of federal anti-fraud laws by Grainger, including the company’s handling of information about the sale of the company. 

“We are pleased to have received the complaint, and we will continue to cooperate with the investigation as it is completed,” said Julie Wehbein, an FTC spokeswoman. 

For more information on this story, go to:  http://www.ftc.gov/fraud/consumer-federal-act/consumer/grant/grants/granting.htm#ad#grantsid