Orvis don't make thread, or for that matter hardly anything to do with fly tying. They market it & often because of their distribution network wholesale many "new" items for their first year or so. If the product is successful they will continue selling it & the makers will also do the same
It helps the makers/importers get an established base in the marketplace with these products. The thread you mention may well come from Wapsi, UTC, Gudebrod or any other maker. At the moment, only UTC 70/140 is the only thread made solely for fly tying, EVERYTHING else has been taken from a pre-existing market.
Personally I'm not a fan of UTC, as it does not do things the way I want it to, a bit like you with the Orvis labelled thread. It does have a lot of fans however, I suppose it's like milk & plain chocolate or Marmite. Without more detail, it's difficult to say if it's the same stuff, but the way you describe it seems very similar to what I find with the UTC threads.
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