Core Molding Technologies, Inc., together with its subsidiaries, engages in the molding of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compounds, bulk molding compounds, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, glass mat thermoplastics, direct long-fiber thermoplastics, and structural foam and web injection molding, as well as reaction injection molding utilizing dicyclopentadiene technology. It serves various markets, including medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.
IPO Year: 1996
Exchange: AMEX
Website: coremt.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/5/2023 | $24.00 | Buy | ROTH MKM |
COLUMBUS, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company") announced today that Mr. Alex Bantz has been appointed to the position of Chief Commercial Officer, effective immediately. "Appointing Alex Bantz to the newly created role of Chief Commercial Officer is a pivotal step in accelerating Core's revenue growth initiatives and strategically advancing our Invest for Growth strategy," said David Duvall, President and Chief Executive Officer. "Alex's impressive track record of success in sales and marketing leadership roles makes him the ideal person to lead the charge. He brings a long tenure and expertise of
COLUMBUS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), announced today that Salvador Miñarro has been appointed to its Board of Directors. Mr. Miñarro is the Chief Executive Officer of Darnel Group, a global leader in the production of high-quality, food-grade sustainable packaging solutions and a pioneer in post-consumer recycled material. Prior to the Darnel Group Mr. Miñarro was the President and Chief Executive Officer of Vitro Automotive and also held executive positions in operations, sales and finance at Libbey, Inc. Mr. Miñarro has an executive MBA from Instituto Panamericano de Alta Dirección de Empre
COLUMBUS, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2024. Third Quarter 2024 Highlights Total net sales of $73.0 million decreased 15.8% compared to the prior year third quarter.Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior y
COLUMBUS, Ohio, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal year 2024 results on Tuesday, November 5, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2024. Second Quarter 2024 Highlights Total net sales of $88.7 million decreased 9.2% compared to the prior year second quarter.Gross margin of $17.7 million, or 20.0% of net sales, compared to 21.0% of net sales in the prior y
COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal year 2024 results on Tuesday, August 6, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, May 07, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Total net sales of $78.1 million decreased 21.5% compared to the prior year first quarter. Sequentially, first quarter net sales improved by 5.9%, up from $73.8 million in the 2023 fourth quarter.Gr
COLUMBUS, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal year 2024 results on Tuesday, May 7, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask to join
COLUMBUS, Ohio, March 12, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today reported financial and operating results for the fiscal periods ended December 31, 2023. Fiscal Year 2023 Highlights Net sales of $357.7 million, down 5.2% from $377.4 million in the prior year; and product sales of $347.4 million, down 3.2% from the prior year. Sales declined primarily due to lower e
COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and fiscal year 2023 results on Tuesday, March 12, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask t
COLUMBUS, Ohio, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2023. Third Quarter 2023 Highlights Net sales of $86.7 million, compared to $101.6 million in the prior year; and product sales of $80.9 million, down 12.4% from the prior year. Product sales increased by 19.6% on a cumulative ba
COLUMBUS, Ohio, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal 2023 results on Tuesday, November 7, 2023, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-844-881-0134 at least 10 minutes before the call and ask t
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ROTH MKM initiated coverage of Core Molding Technologies with a rating of Buy and set a new price target of $24.00
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COLUMBUS, Ohio, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the 16th Annual Southwest IDEAS Conference in Dallas on November 21, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentation time is 4:10-4:45 PM CT on November 21st. The
COLUMBUS, Ohio, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company") announces today the planned transition and departure of John Zimmer, Chief Financial Officer, effective May 31, 2025. Mr. Zimmer's CFO role will transition to Alex J. Panda, effective June 1, 2025. The timing of Mr. Zimmer's departure will provide the Company with an orderly transition of leadership. Mr. Zimmer will continue to serve in an advisory capacity to ensure a smooth transition and to continue to evaluate potential acquisitions for the Company. "Management, with Board oversight, maintains a robust leadership development and succession program that
COLUMBUS, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2024. Third Quarter 2024 Highlights Total net sales of $73.0 million decreased 15.8% compared to the prior year third quarter.Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior y
COLUMBUS, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company") announced today that Mr. Alex Bantz has been appointed to the position of Chief Commercial Officer, effective immediately. "Appointing Alex Bantz to the newly created role of Chief Commercial Officer is a pivotal step in accelerating Core's revenue growth initiatives and strategically advancing our Invest for Growth strategy," said David Duvall, President and Chief Executive Officer. "Alex's impressive track record of success in sales and marketing leadership roles makes him the ideal person to lead the charge. He brings a long tenure and expertise of
COLUMBUS, Ohio, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal year 2024 results on Tuesday, November 5, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the 15th Annual Midwest IDEAS Conference in Chicago on August 28, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentation time is 10:45-11:20 AM CT on August 28th. The pr
COLUMBUS, Ohio, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2024. Second Quarter 2024 Highlights Total net sales of $88.7 million decreased 9.2% compared to the prior year second quarter.Gross margin of $17.7 million, or 20.0% of net sales, compared to 21.0% of net sales in the prior y
COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal year 2024 results on Tuesday, August 6, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the 14th Annual East Coast IDEAS Conference at the Jay Conference Center – Bryant Park in New York City on June 13, 2024. The Company will host one-on-one investor meetings throughout the day, and their presentatio
COLUMBUS, Ohio, May 08, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the EF Hutton Annual Global Conference at The Plaza Hotel in New York City on May 15, 2024. Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company's invest
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