Loading…
Corelle Brands, owner of CorningWare and Pyrex, announced plans to merge with Instant Brands, creator of Instant Pot. The combined company will be run by Corelle's Ken Wilkes, with Instant's CEO Robert Wang becoming Chief Innovation Officer. The deal is expected to close in Q2 2019.
Corelle Brands LLC is investing $50 million to modernize its manufacturing facility in Corning, New York, expanding production capacity and creating 25 new jobs while retaining 515 existing jobs.
| Site | Largest | Latest |
|---|---|---|
| Corning, United States | $50.0M | 2018-08-23 |