{"url":"https://newsforagent.com/news/2026-11-01/anchor-hocking-charleroi-therm-o-rock-sale","markdown_url":"https://newsforagent.com/news/2026-11-01/anchor-hocking-charleroi-therm-o-rock-sale.md","title":"Anchor Hocking to Sell Charleroi Site to Therm-o-Rock East","headline":"Anchor Hocking Agrees to Sell Nine-Acre Charleroi Facility to Therm-o-Rock East","description":"Anchor Hocking has agreed to sell a nine-acre lot of its former Corelle glass plant in Charleroi, Pennsylvania, to Therm-o-Rock East.","section":"Divestitures","published_at":"2026-11-01T02:30:34+00:00","modified_at":"2026-11-01T02:30:34+00:00","author":"News Desk","key_takeaways":["Anchor Hocking entered a purchase agreement to sell a nine-acre lot of its former Corelle Glass Manufacturing Facility in Charleroi, Pennsylvania, to Therm-o-Rock East.","Therm-o-Rock East has more than 60 years in toll manufacturing, custom blending and packaging of perlite and vermiculite products.","The transaction is subject to customary closing conditions and is expected to close by year-end."],"companies":[{"name":"Anchor Hocking","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0008yxb/anchor-hocking","website":"https://www.anchorhocking.com"},{"name":"Therm-O-Rock East","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000yxb2/therm-o-rock-east","website":"https://www.therm-o-rock.com"}],"source":{"publisher":"EIN Presswire","title":"Anchor Hocking Announces Agreement for Sale of Charleroi, PA Facility","url":"https://www.einnews.com/pr_news/953683476/anchor-hocking-announces-agreement-for-sale-of-charleroi-pa-facility"},"other_sources":[],"tags":["Divestitures","Anchor Hocking","Therm-O-Rock East"],"body_markdown":"Anchor Hocking has entered a purchase agreement to sell a nine-acre lot of its former Corelle Glass Manufacturing Facility in Charleroi, Pennsylvania, to Therm-o-Rock East, Inc., the company said in a November 1 announcement carried by [EIN Presswire](https://www.einnews.com/pr_news/953683476/anchor-hocking-announces-agreement-for-sale-of-charleroi-pa-facility). The price was not disclosed.\n\n[Anchor Hocking](https://akta.pro/company-profiles/0008yxb/anchor-hocking) is a U.S. manufacturer of tempered glass bakeware, food storage, drinkware, serveware and pantry products sold through major retailers, foodservice distributors and B2B channels. [Therm-o-Rock East](https://akta.pro/company-profiles/000yxb2/therm-o-rock-east) is a Pennsylvania-based manufacturer with more than 60 years in toll manufacturing, custom blending and packaging of perlite and vermiculite products.\n\n## Anchor Hocking's Charleroi Purchase Agreement\n\nTherm-o-Rock East plans to use the Charleroi site for perlite and vermiculite products, according to the announcement. The buyer's operations span toll manufacturing, custom blending and packaging in those materials.\n\nJim Elliott, CEO of Anchor Hocking, said: \"We are very pleased to have reached this agreement and, most importantly, to see a path toward bringing new economic activity and jobs back to Washington County.\" Elliott added that the company appreciates the efforts of everyone involved and looks forward to the facility beginning its next chapter.\n\nThe transaction remains subject to customary closing conditions and is expected to close by year-end, the company said. Anchor Hocking was advised by GA Group in the transaction.\n\n## Anchor Hocking's Recent Manufacturing Investment\n\nAnchor Hocking operates as a portfolio company of Centre Lane Partners, a private equity sponsor that provides growth capital, according to akta.pro [company records](https://akta.pro/company-data). The company announced in July 2025 an investment of up to $70 million in U.S. manufacturing and distribution, including a new furnace at its Lancaster, Ohio facility that is expected to create a modern three-furnace operation in the first half of 2026.\n\nThe committed capital expenditure spans the Lancaster, Corning and Elmira, New York, and Byhalia, Mississippi facilities and creates more than 200 new union jobs, which the company calls its largest growth commitment in its 119-year history. Anchor Hocking was founded in 1905 and is headquartered in Columbus, with a headcount range of 501 to 1,000 and a revenue estimate of $250 million to $500 million, the same records show.\n\n## Charleroi Closing Timeline\n\nThe purchase agreement is expected to close by year-end, subject to customary closing conditions, Anchor Hocking said. The company's own announcement is available at [anchorhocking.com](https://www.anchorhocking.com).\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}