CMT news

Core Molding Technologies announced the immediate promotion of Michael J. Gayford to Chief Operating Officer, effective immediately. This strategic leadership transition reflects the company's continued focus on operational excellence and its long-term growth strategy across North American operation…

CMT reported fiscal Q2 results with sales down 1.2% amid soft markets, driven by new business wins of $25.7 million that expanded market diversification. The announcements reinforce expectations for a full-year ongoing invest for growth strategy.

Core Molding Technologies extended its $100 million credit facility through 2031. This strengthens liquidity and financial flexibility for growth.

Core Molding Technologies presented an investor presentation at the June 2026 East Coast IDEAS Conference. The filing includes safe harbor statements and non-GAAP measures, with risk factors related to industry cyclicality, customer concentration, and macroeconomic conditions.

David L. Duvall is stepping down as President and CEO of Core Molding Technologies effective May 31, 2026, and will transition to a part-time advisory role through December 2027 at $50,000 monthly. The transition agreement allows the company to maintain continuity during leadership change while Duva…