Instant Brands no longer exists as a single company. Following a 2023 bankruptcy, its Instant Pot appliance business and its Corelle, Pyrex, and CorningWare housewares business split into two separate companies, both ultimately controlled by private equity firm Centre Lane Partners.
Manufacturing is similarly split. Instant Pot appliances are largely made overseas, while Corelle and Pyrex products are produced at a mix of US and international facilities depending on the item.
This article covers who owns the former Instant Brands portfolio today, where its products are actually manufactured, what happened during its 2023 bankruptcy, and its founding history.
So let’s get started.
Table of Contents
Who Owns the Former Instant Brands?
The Instant Pot appliance business now operates as Instant Pot Brands, owned by Centre Lane Partners. Current appliances are shown on Instant Pot’s official website.
The housewares side of the business, covering Corelle, Pyrex, CorningWare, Snapware, and Chicago Cutlery, exited bankruptcy separately in February 2024 under the name Corelle Brands. Centre Lane Partners later transferred ownership of Corelle Brands to Anchor Hocking, another company already in its portfolio.
This means Instant Pot and Pyrex, once part of the same company, now sit under separate corporate structures, even though both ultimately trace back to Centre Lane Partners.
What Happened During the 2023 Bankruptcy?
Instant Brands filed for Chapter 11 bankruptcy in June 2023, citing high interest rates and tightening credit that made its roughly 512 million dollars in debt unsustainable. The company had been controlled by private equity firm Cornell Capital since 2019.
Following a competitive auction, the bankruptcy court approved the sale of Instant Brands to Centre Lane Partners in two separate transactions. The appliance business, including the Instant Pot brand, sold first in late 2023, while the housewares business restructured and exited bankruptcy under lender controlled ownership in early 2024.
Court proceedings tied to the case remained active into 2026, including disputes over unpaid professional fees between former creditors and Centre Lane Partners.
Where Are Instant Pot and Corelle Products Made?
Instant Pot appliances are largely manufactured overseas, primarily in China, consistent with most electric pressure cookers and kitchen appliances in that product category.
Corelle Brands products are manufactured through a mix of domestic and international facilities. The company previously operated a Pyrex glass manufacturing plant in Charleroi, Pennsylvania, but that facility permanently closed in April 2025 following extended uncertainty and temporary shutdowns, despite legal efforts by the state of Pennsylvania to prevent the closure.
The Federal Trade Commission previously ordered Instant Brands to stop marketing certain Pyrex measuring cups as Made in USA when they were actually manufactured in China, and later issued refunds to affected consumers.
When Was Instant Brands Founded?
The Instant Pot brand traces back to 2009, when Robert Wang, Yi Qin, and three Canadian partners founded Double Insight to develop the original Instant Pot electric pressure cooker.
Separately, the Corelle and Pyrex housewares business traces back to Corning Consumer Products Company, which spun off from Corning Incorporated in 1998 and was later renamed World Kitchen and then Corelle Brands. Corelle Brands merged with the Instant Pot maker in 2019, combining the two businesses under the Instant Brands name.
That combined company lasted only a few years before its 2023 bankruptcy split the two businesses back apart under separate ownership structures.
Are Instant Pot and Pyrex Still Good Quality?
Pyrex glassware remains widely regarded as more durable than typical soda lime glass competitors, and reviewers on forums like RedFlagDeals frequently cite this as the reason customers stay loyal to the brand despite cheaper alternatives on the market.
Reviewed.com has repeatedly named Instant Pot models like the Duo Plus and Ultra among its top pressure cooker picks for consistency and ease of use.
Complaints have grown more common on PissedConsumer and Consumer Affairs, particularly around customer service responsiveness following the 2023 bankruptcy and ownership split.
Reported issues include Instant Pot units failing to heat or seal properly, difficulty reaching support, and Pyrex storage lids described as flimsier than earlier generations.
Budget conscious Pyrex Simply products are explicitly a lower tier line than standard Pyrex, with less resistance to extreme temperature changes.
Overall, the core cooking performance of both product lines still earns solid marks from reviewers, while customer service and long term parts support have become the more common source of frustration since the corporate restructuring.
Frequently Asked Questions About Who Makes Instant Pot and Pyrex
Does Instant Brands still exist?
No, Instant Brands as a single combined company no longer exists. Its Instant Pot appliance business and its Corelle and Pyrex housewares business separated into two companies following a 2023 bankruptcy.
Is Pyrex made in the USA?
Some Pyrex products are made in the USA, but not all of them. The FTC previously found that certain Pyrex measuring cups marketed as Made in USA were actually manufactured in China, and the company’s Pennsylvania glass plant closed permanently in 2025.
Who owns Instant Pot now?
Instant Pot is owned by Centre Lane Partners, a private equity firm that acquired the appliance business out of Instant Brands’ 2023 bankruptcy.
Are Instant Pot and Pyrex still the same company?
No, Instant Pot and Pyrex are no longer the same company. They separated into Instant Pot Brands and Corelle Brands during the 2023 bankruptcy, though both are ultimately connected through ownership by Centre Lane Partners.
I am Jack Neel, a mechanical engineer, researcher, and writer. I created this website to share my knowledge about different brands and products with you. I research the manufacturers behind the brands and provide you with the information you need to make smart buying decisions.