Core Molding Technologies, Inc. (Core Molding Technologies), incorporated on October 8, 1996, is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. The Company operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment. The Company produces and sells SMC and molded products for varied markets, including medium and heavy-duty trucks, automobiles, marine, construction and other commercial markets. The Company specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics (GMT), bulk molding compounds (BMC) and direct long-fiber thermoplastics (D-LFT), spray-up, hand-lay-up, and resin transfer molding (RTM). Additionally, the Company offers reaction injection molding (RIM), utilizing dicyclopentadiene technology. The Company operates over five production facilities in Columbus, Ohio; Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota, and Matamoros, Mexico.
The Company supplies reinforced plastic products to truck manufacturers, automotive suppliers and manufacturers of marine and other commercial products. The Company makes products for Navistar's Springfield, Ohio; Tulsa, Oklahoma; and Escobedo, Mexico assembly plants, as well as aftermarket products for service distribution centers. Its products sold to Navistar include hoods, roofs, air deflectors, cab extenders, fender extensions, splash panels and other components. The Company makes products for Volvo's New River Valley (Dublin, Virginia) and Macungie, Pennsylvania assembly plants, as well as aftermarket products for service distribution centers. Its products are sold to Volvo include hoods, roofs, sunvisors, air deflectors, cab extenders and other components. The Company makes products for PACCAR's Chillicothe, Ohio; Denton, Texas; Renton, Washington; St. Therese (Canada), and Mexicali, Mexico assembly plants, as well as aftermarket products for service distribution centers. Its products sold to PACCAR include hoods, roofs, back panels, air deflectors, air fairings, fenders, splash panels and other components. The Company manufactures sheet molding compound and molded products for Yamaha's assembly plant located in Newnan, GA. Its products include sheet molding compound and various molded components to support the assembly of personal watercraft. The Company also produces products for other truck manufacturers, the automotive industry, marine industry, commercial product industries, automotive aftermarket industries, and various other customers and industries.
Sheet Molding Compound
The Company's SMC is a combination of resins, fiberglass, fillers, and catalysts compounded and cured in sheet form, which is then used to manufacture compression-molded products. The Company also sells SMC to other molders. The Company incorporates a computer program in the process of compounding various complex SMC formulations tailored to meet customer needs. The program provides for the control of information during various production processes and data for statistical batch controls.
Closed Molded Products
The Company manufactures plastic products using compression molding and resin transfer molding and reaction injection molding. The Company owns approximately 50 molding presses in its Columbus, Ohio facility; Matamoros, Mexico facility; Gaffney, South Carolina facility, and Winona, Minnesota facility. The Company's molding presses range in size from 250 to 5,000 tons.
Open Molded Products
The Company produces reinforced plastic products using both the hand lay-up and spray-up methods of open molding at its Batavia, Ohio and Matamoros, Mexico locations. Part sizes weigh from a few pounds to several thousand pounds with surface quality tailored for the end use application.
Assembly, Machining and Paint Products
The Company molds various products that are assembled, machined, prime painted or topcoat painted to result in a completed product used by the Company's customers. The Company has manufacturing flexibility that accommodates a range of low volume hand assembly and machining work, to high volume, automated assembly and machining systems. Robotics is used for material handling, machining, and adhesive applications. In addition to conventional machining methods, water-jet cutting technology is also used. The Company also utilizes paint booths and batch ovens in its facilities. The Company contracts with outside providers for higher volume applications that require top coat paint.
The Company competes with Molded Fiber Glass Companies, Continental Structural Plastics, Ashley Industrial Molding, Sigma Industries and The Composites Group.
800 Manor Park Dr
The company trades on AMEX exchange. The company headquarter is located in Ohio, OH. The company was established in the 1988.| Ticker | CMT |
| Long Name | Core Molding Technologies Inc |
| Short Name | Core Molding |