Corelle Brands Becomes Instant Brands with Increased Focus on Innovation and Consumer Engagement #MadeforTogether (2024)

FAQs

When did Instant Brands acquire Corelle? ›

On March 4, 2019, the company announced it had entered into a merger agreement with Instant Brands, maker of the Instant Pot kitchen appliance, and Corelle's chief executive would become the chief executive of the merged company while Instant Brands founder Robert Wang would become the merged company's "chief ...

NEW YORK -- Instant Brands, the maker of Instant Pot, Corelle, and Pyrex, among other products, has filed for bankruptcy.

Instant Brands filed for Chapter 11 in June, citing macroeconomic conditions beyond its control, specifically the pandemic and global supply chain issues. The company's debt had reached $512 million at that time, according to court documents. The company expects to exit Chapter 11 by the end of this month.

ABOUT US. From the versatility of Corningware to the strength of Pyrex to the modern simplicity of Instant Pot, our brands help in different ways, with one goal: to make togetherness easier.

Instant Brands emerges from chapter 11 as Corelle Brands.

The company was founded by Robert Wang, Yi Qin, and three other Canadian partners in 2009. They are the distributor and designers of the Instant Pot and other products sold under the Instant Brands name. Double Insight Inc. Its subsidiaries were merged and consolidated under the title "Instant Brands".

Corelle products purchased after 2005 are safe and comply with FDA regulations. Now, if you have any older dishes, that gets a little trickier. You'll want to avoid eating off of older Corelle dinnerware if it shows obvious signs of deterioration; if the glaze is worn, if the paint is melting or chipping, etc.

Where is Corelle® Stoneware® dinnerware manufactured? Corelle® Stoneware® dinnerware is manufactured in China.

If you own a Pyrex measuring cup and other Pyrex tempered glass kitchenware, you might have to stock up soon. Instant Brands, the parent company of Pyrex, Instant Pot, Corelle, Snapware, Corningware, Visions, and Chicago Cutlery, filed for bankruptcy protection earlier this week, making news headlines worldwide.

Last June, while majority-owned by private equity firm Cornell Capital, Instant Brands filed for Chapter 11. In October private equity firm Centre Lane Partners acquired the company after a competitive bankruptcy auction.

Why is Pyrex going out of business? ›

The maker of Pyrex glassware and Instant Pot multicookers has filed for bankruptcy protection, with as much as $1bn (£790m) in liabilities. Instant Brands blames high interest rates and weak demand for its problems. The company, which has more than 2,400 workers, plans to keep operating while it shakes up the business.

The company's net revenue increased 55% year over year to $151.3 million, while gross profit grew 60% to $106.8 million. Net income reached $30 million, compared to $16.6 million in the year-ago period.

Is Instant Brands (Downers Grove) a private or public company? Instant Brands (Downers Grove) is a Private company.

How to identify your brand mission. When you're ready to identify your brand mission but are unsure where to begin, take a look at the mission statements of other brands in your industry. You can draw inspiration from them to create your own unique mission statement. Your brand mission conveys why your brand exists.

If you own Corelle dinnerware from before 2005, consider removing it from your kitchen cabinets due to concerns for high levels of lead. Corelle recommends using their pre-2005 dishes as quote “decorative pieces.” Is it safe to eat off of dishes that might contain lead?

The glass lamination process used for Corelle® ware is ideal for making plates and bowls, but it unfortunately does not work well for cup or mug shapes. That's why we offer stoneware mugs with every Corelle® dinnerware set.

Corelle is a brand of glassware and dishware. It is made of Vitrelle, a tempered glass product consisting of two types of glass laminated into three layers. It was introduced by Corning Glass Works in 1970, but is now manufactured and sold by Corelle Brands.

Three brands developed by Corning Glass Works during the 20th century — Pyrex, Corning Ware and Corelle — became household names that revolutionized American kitchens and endured decades of changing consumer tastes and expectations.