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Instant Pot and Pyrex maker Instant Brands files for bankruptcy
by 8DonCo Wed Jun 14, 2023 12:24 pm
Instant Pot and Pyrex maker Instant Brands files for bankruptcy
High interest rates and the pandemic’s gnarled supply chain drained its cash
Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and the pandemic’s gnarled supply chain drained its cash, making its debts unsustainable.
High interest rates and the pandemic’s gnarled supply chain drained its cash
Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and the pandemic’s gnarled supply chain drained its cash, making its debts unsustainable.
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8DonCo
Re: Instant Pot and Pyrex maker Instant Brands files for bankruptcy
by ga10 Wed Jun 14, 2023 12:26 pm
Wow, I am surprised since Instant Pot was in high demand b4. Maybe thêre are more competitors now so they don't sell as many as anticipated. Pyrex has been around for a long time too.
ga10
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