Press a button, head out for work and return hours later to a perfectly prepared chili.
For a while, the Instant Pot, an electronically controlled device that could pressure-cook and slow-cook food, was the kitchen tool everyone wanted.
The product hit the market in 2010, quickly became a top seller, and spawned a legion of fans who called themselves “Potheads” and used their Instant Pots to create dozens of recipes.
But over the past few years, the Instant Pot has failed to attract new fans, and its parent company is struggling.
Instant Brands, the maker of the Instant Pot and other household brands such as Pyrex, Snapware and CorningWare, announced on Monday that it had filed for Chapter 11 bankruptcy.
Organizations:
Instant Brands