Core Molding Technologies, Inc. (CMT)

Core Molding Technologies announced its first and second-quarter fiscal 2025 results on May 8, 2025, and August 5, 2025, respectively, and published its third annual Sustainability Report on May 22, 2025. The company participated in investor conferences in June and August 2025. A leadership transition was announced on August 5, 2025, with Eric Palomaki slated to become CEO in June 2026. The company reported winning new Volvo Mexico programs set to launch in Q1 2027 and plans for a $25 million investment, including an expansion of its Matamoros plant and a new plant in Monterrey, Mexico. The timing of its third-quarter fiscal 2025 results was announced for November 4, 2025. Insider selling by a director was reported on August 27, 2025. The stock price has seen fluctuations, with a buy signal issued on October 10, 2025, but also sell signals as of October 27, 2025, and the stock price fell by over 5.13% on October 27, 2025.

The demand for Core Molding Technologies' products is influenced by economic conditions in the United States, Mexico, and Canada. The company's markets, such as heavy-duty trucks, powersports, and building products, exhibit seasonal demand patterns. Summer is often a hectic period for heavy haul trucking, while powersports products experience a peak season that varies by product type. Demand in the building and construction end markets tends to be seasonally lower in the fourth quarter. In 2023, demand saw a normalization to more typical seasonality.

Core Molding Technologies, Inc. manufactures engineered molded products and composite materials, offering processes like compression molding, resin transfer molding, liquid molding, spray-up and hand-lay-up molding, direct long-fiber thermoplastics compression molding, and structural foam and web injection molding. The company's products include fiberglass reinforced plastics and plastic composites used in vehicle roofs, hoods, and shielding, serving markets such as medium and heavy-duty trucks, automotive, power sports, building products, industrial, utilities, marine, agriculture, and other commercial sectors.

Core Molding Technologies has a significant geographic footprint across North America, with its corporate headquarters in Columbus, Ohio. The company operates manufacturing and warehouse facilities in Columbus and Batavia, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and Escobedo, Mexico; and Cobourg, Ontario, Canada, with a warehouse in Brownsville, Texas. These facilities encompass over 1.5 million square feet of manufacturing, warehouse, and office space.

Core Molding Technologies maintains a positive brand reputation, as indicated by partner feedback. Testimonials highlight the company's ability to provide solutions, save reputations, and deliver quickly. Partners have praised the company's reliability, continuous product improvement, and innovation, which has helped them secure supply contracts. The company's commitment to quality excellence and the publication of its third annual Sustainability Report further contribute to a positive public image.

Core Molding Technologies is primarily owned by institutional shareholders (70.02%), followed by company insiders (26.13%), and retail investors (3.85%). Major institutional owners include BlackRock, Inc., Renaissance Technologies Llc, Vanguard Group Inc, Tieton Capital Management, LLC, Dimensional Fund Advisors Lp, Gamco Investors, Inc. Et Al, Gabelli Funds Llc, Global Value Investment Corp., and Needham Investment Management LLC. Navistar Inc is the largest individual shareholder, holding 7.50% of the company's shares.