8-K

   1
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


         Date of Report (Date of Earliest Event Reported): June 8, 2001
                                                           ------------


                                  Nortek, Inc.
               --------------------------------------------------
               (Exact name of registrant as specified in charter)



          Delaware                      1-6112                   05-0314991
- ----------------------------    ------------------------     -------------------
(State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
      of incorporation)                                      Identification No.)



50 Kennedy Plaza, Providence, Rhode Island                       02903-2360
- ------------------------------------------                       ----------
 (Address of principal executive offices)                        (Zip Code)



       Registrant's telephone number, including area code: (401) 751-1600
                                                           --------------

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


   2


ITEM 5.  OTHER EVENTS

Nortek, Inc. is filing herewith a press release issued June 8, 2001 by the
Company as Exhibit 99, which is incorporated herein by reference. Such press
release relates to Nortek, Inc.'s announcement of pricing of $250,000,000 Senior
Subordinated Notes.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(c)      Exhibits

99       Press release issued by Nortek, Inc. on June 8, 2001.




                                      -2-


   3


                                    SIGNATURE


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                NORTEK, INC.


                                By: /s/Richard J. Harris
                                    -------------------------------------------
                                    Name: Richard J. Harris
                                    Title: Senior Vice President-Administration
                                           (principal financial officer)



Date: June 8, 2001



                                      -3-


   4


                                  EXHIBIT INDEX



Exhibit No.      Description of Exhibits                                    Page
- -----------      -----------------------                                    ----

99               Press release issued by Nortek, Inc. on June 8, 2001.




                                      -4-

EX-99

   1
                                                                      EXHIBIT 99

Richard L. Bready, Chairman and CEO
Richard J. Harris, Senior Vice President-Administration
(401) 751-1600

IMMEDIATE

                           NORTEK PRICES $250,000,000
                          OF SENIOR SUBORDINATED NOTES

PROVIDENCE, RI, June 8, 2001--NORTEK, INC. (NYSE:NTK) today announced it has
entered into an agreement to sell $250 million principal amount of 9 7/8 percent
senior subordinated notes due 2011, at a price of 98.909 percent of face value.
The net proceeds of the offering are expected to be approximately $242 million
and the offering is expected to close on Tuesday, June 12, 2001.

NORTEK intends to use approximately $215 million of the net proceeds of the
offering to redeem its outstanding 9 7/8% senior subordinated notes due 2004
(including the payment of the applicable redemption premium and accrued interest
to the estimated date of redemption), and to use any remaining net proceeds to
augment working capital and for other general corporate purposes.

"We are extremely pleased with the positive response to the note offering by
investors and believe that effectively extending the 2004 maturity to 2011
represents an important part of our long-term strategic financial plan," said
NORTEK'S Chairman and Chief Executive Officer, Richard L. Bready.

The notes are being issued and sold in a private Rule 144A offering to
institutional investors. The notes have not been registered under the Securities
Act of 1933 and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.

                                  - M O R E -


   2


NORTEK* is a leading international manufacturer and distributor of high-
quality, competitively priced building, remodeling and indoor environmental
control products for the residential and commercial markets. The Company offers
a broad array of products for improving the environments where people live and
work. Its products include range hoods and other spot ventilation products,
heating and air conditioning systems, wood and vinyl windows and doors, vinyl
siding products, indoor air quality systems, and specialty electronic products.





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

*As used herein, the term "Nortek" refers to Nortek, Inc., together with its
subsidiaries, unless the context indicates otherwise. This term is used for
convenience only and is not intended as a precise description of any of the
separate corporations, each of which manages its own affairs.

This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are based on
the Company's current plans and expectations and involve risks and uncertainties
that could cause actual future activities and results of operations to be
materially different from those set forth in the forward-looking statements.
Important factors impacting such forward looking statements include the
availability and cost of raw materials and purchased components, the level of
construction and remodeling activity, changes in general economic conditions,
the rate of sales growth, and product liability claims. The Company undertakes
no obligation to update publicly any forward- looking statements, whether as a
result of new information, future events, or otherwise. For further information,
please refer to the Company's reports and filings with the Securities and
Exchange Commission.



                                     # # #