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Last $19.55 USD
Change Today +0.4847 / 2.54%
Volume 36.5K
CMT On Other Exchanges
As of 3:48 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

core molding technologies in (CMT) Snapshot

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04/21/15 - $19.88
52 Week Low
04/28/14 - $10.18
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core molding technologies in (CMT) Details

Core Molding Technologies, Inc., together with its subsidiaries, manufactures sheet molding compounds (SMC) and molds fiberglass reinforced plastics. It specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics, and bulk molding compounds; and spray-up, hand-lay-up, and resin transfer molding. The company also provides reaction injection molding products, utilizing dicyclopentadiene technology. It offers its products for various markets, such as medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products in the United States, Mexico, and Canada. 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 founded in 1988 and is headquartered in Columbus, Ohio.

1,490 Employees
Last Reported Date: 03/13/15
Founded in 1988

core molding technologies in (CMT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $452.9K
Chief Financial Officer, Vice President, Trea...
Total Annual Compensation: $243.4K
Vice President of Operations
Total Annual Compensation: $20.2K
Vice President of Marketing & Sales
Total Annual Compensation: $218.9K
Compensation as of Fiscal Year 2014.

core molding technologies in (CMT) Key Developments

Core Molding Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for 2015

Core Molding Technologies Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. The company reported net income for the fourth quarter ended December 31, 2014 of $2,566,000, or $0.34 per basic and diluted share, compared with $1,636,000, or $0.22 per basic and diluted share in the fourth quarter of 2013. Total net sales for the fourth quarter were $44,414,000, compared with $37,648,000 in the same quarter of 2013. Product sales totaled $42,592,000, increasing 16% from $36,750,000 for the fourth quarter of 2013. Income before income taxes was $3,932,000 against $2,018,000 a year ago. Operating income was $3,954,000 against $2,049,000 a year ago. The company finished 2014 on a strong note with solid fourth quarter sales and net income increasing 57% over fourth quarter of 2013. For the year ended December 31, 2014, net income was $9,634,000 or $1.28 per basic and diluted share, compared with net income of $6,866,000, or $0.95 per basic and $0.92 per diluted share, for the same period of 2013. Total net sales for 2014 were $175,204,000, compared with $144,125,000 for the same period of 2013. Product sales increased 27%, to $169,744,000 in 2014 compared to $134,096,000 for the same period in 2013. Income before income taxes was $14,525,000 against $9,900,000 a year ago. Operating income was $14,647,000 against $10,114,000 a year ago. For 2015, the company is expecting to achieve continued growth in sales and earnings, based on customer and industry forecasts and due to continued efforts to improve operational effectiveness.

Core Molding Technologies Appoints William Ringling as Vice President of Operations

Core Molding Technologies reported that William Ringling has been appointed Vice President of Operations. Prior to joining the company, Ringling was President and Chief Operating Officer of Dispensing Dynamic International. Ringling also previously served as General Manager and Director of Engineering for Nypro Inc.; General Manager of the Trim Systems Business Unit at Lacks Enterprises; and held Quality Manager roles for Cambridge Industries, Mazda Motors USA Inc. and Kern-Liebers USA Inc.

Core Molding Technologies Inc. Appoints William R. Ringling as Vice President of Operations, Effective from November 17, 2014

Core Molding Technologies Inc. announced that William R. Ringling has been appointed Vice President of Operations effective November 17, 2014. Ringling comes to Core with 30 years of manufacturing and automotive industry experience. Prior to joining Core, Ringling was President and Chief Operating Officer of Dispensing Dynamic International, a private manufacturer of dispenser solutions.


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