Pyrex was made by Dow Corning, but Anchor Hocking made a similar product. Corning did cheapen the formula of Pyrex kitchenware (not labware), but I think the above stated reason comes from drug addled conspiracy theories.
Corning changed the formula because common soda lime glass is cheaper to make than borosilicate glass, and the cheapened casserole dishes didn't explode in people's ovens...most of the time.

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