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Core Molding Technologies, Inc. (CMT) is a leading manufacturer and molder of sheet molding compounds (SMC) and fiberglass reinforced plastics. The company specializes in large-format moldings and employs various fiberglass processes, including compression molding of SMC, glass mat thermoplastics (GMT), and bulk molding compounds (BMC). Other techniques include spray-up, lay-up, resin transfer molding (RTM), and vacuum resin transfer molding (V-RTM). Additionally, Core offers liquid molding of dicyclopentadiene (DCPD).
Headquartered in Columbus, Ohio, Core Molding Technologies maintains operations in multiple locations, including Batavia, Ohio; Gaffney, South Carolina; Matamoros and Escobedo, Mexico; and Cobourg, Ontario, Canada. The company serves a diverse range of markets such as medium and heavy-duty trucks, marine, automotive, and various other commercial sectors.
Core Molding Technologies operates within the engineered materials market, focusing on thermoplastic and thermoset structural products. Its molded products are used in several industries, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The company utilizes a comprehensive array of processes, which also includes direct long-fiber thermoplastics (D-LFT) and structural foam and web injection molding (SIM).
Recent achievements for Core Molding Technologies include strategic initiatives that have driven higher returns and generated strong cash flow throughout 2023. The firm also has a significant focus on continuous improvement in its financial condition, evidenced by its latest conference call highlighting non-GAAP financial measures such as adjusted EBITDA and return on capital employed.
Strategic partnerships and innovations in manufacturing processes help Core Molding Technologies stay competitive in a rapidly evolving market. For more detailed information about their services and latest updates, visit their website at www.coremt.com.
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