Core Molding Technologies
Columbus, Ohio, United States · Automotive, Building Material, Manufacturing
Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core
Key facts
- Headquarters
- Columbus, Ohio, United States
- Employees
- Unknown
- Industries
- Automotive, Building Material, Manufacturing
- Status
- Public (CMT)
- Website
- coremt.com
- Company page
Recent activity at Core Molding Technologies
- : Core Molding Technologies Appoints Michael J. Gayford as Chief Operating Officer
- : SEC 8-K (5.02): On September 28, 2026, Core Molding Technologies, Inc. announced the promotion of Michael J. Gayford to Chief Operating Officer. This appointment reflects the Company's strategic efforts to enhance its leadership team in response to evolving business challenges. The amendment corrects the item number tagging from Item 5.01 to Item 5.02 due to an earlier classification error on EDGAR, underscoring the importance of accurate reporting in corporate governance. This change aims to ensure that stakeholders are properly informed about leadership changes within the company.
- : SEC 8-K (5.02): On September 28, 2026, Core Molding Technologies, Inc. announced the promotion of Michael J. Gayford to Chief Operating Officer (COO), effective immediately. Mr. Gayford will oversee the Company's North American operations and will be responsible for advancing operational excellence, program management, and strategic growth initiatives. He has over 25 years of experience in manufacturing and operational leadership, including 17 years in composite manufacturing, and had been serving as Executive Vice President since March 2023. This appointment reflects the Company's commitment to strengthening its leadership team and enhancing operational performance.
- : SEC 8-K (7.01): On September 28, 2026, Core Molding Technologies, Inc. announced that its executive team, including CEO Eric Palomaki and CFO Alex Panda, intends to utilize a presentation in discussions with investors and analysts. The presentation slides are available in the Investor Relations section of their website. This disclosure is made in accordance with Regulation FD to ensure transparency in communications with stakeholders, highlighting the Company’s commitment to investor relations and open dialogue.
- : SEC 8-K (1.01):
- : SEC 8-K (1.01): On July 2, 2026, Core Molding Technologies, Inc. entered into a Third Amendment to its existing Credit Agreement with The Huntington National Bank and other lenders. This Amendment increased the Revolving Credit Commitment from $25 million to $50 million and introduced a delayed draw term loan facility up to $50 million. Additionally, the Applicable Margin was decreased from a range of 180 to 230 basis points based on the Margin Leverage Ratio to a new range of 125 basis points. This modification allows the company greater financial flexibility to support its operations and strategic initiatives.
- : SEC 8-K (7.01): On June 8, 2026, Core Molding Technologies, Inc. announced that its executive management team, including CEO Eric Palomaki and CFO Alex Panda, will utilize an investor presentation for discussions with investors and analysts. The attached presentation (Exhibit 99.1) outlines key corporate strategies and performance metrics and is available in the Investor Relations section of their website. This disclosure is made under Item 7.01 of Form 8-K, emphasizing non-filing status for the information, which is aimed at enhancing investor communication and transparency.
- : SEC 8-K (5.02): On June 5, 2026, Core Molding Technologies, Inc. appointed Eric Palomaki, the current President & CEO, to the board of directors following the resignation of David L. Duvall, effective June 1, 2026. Mr. Palomaki will not receive additional compensation for his director role. Concurrently, the company entered into an Amended and Restated Employment Agreement with Mr. Palomaki, which includes a base salary of $525,000, eligibility for equity grants, and other incentive payments. The agreement, effective June 1, 2026, has no fixed term and outlines conditions for benefits upon potential termination, requiring a waiver and release of claims by Mr. Palomaki.
- : SEC 8-K (5.02):
- : SEC 8-K (5.02): On May 29, 2026, David L. Duvall submitted his resignation from the board of directors of Core Molding Technologies, Inc., effective June 1, 2026. His resignation is related to his previously announced retirement as the company’s President & Chief Executive Officer and is not due to any disagreement with management or the board. This change in leadership may impact the company's strategic direction as it prepares for a transition in governance, potentially influencing investor confidence and operational continuity.
Leadership
- Michael J. Gayford, Chief Operating Officer
- Alex Bantz, Chief Commercial Officer
- Eric L. Palomaki, Chief Operating Officer
Verified email and direct lines for Core Molding Technologies’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Core Molding Technologies files 10 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Core Molding Technologies in the news
- Core Molding Technologies to Host Investor Day on September 29-30, 2026, Including Tour of Matamoros, Mexico Manufacturing Facility - Yahoo Finance (Aug 12, 2026)
- Michael J. Gayford appointed Director of Operations at Core Molding Technologies - JEC - Connecting the World with Composites (Sep 29, 2026)
- Core Molding Technologies Promotes Michael J. Gayford to Chief Operating Officer - GlobeNewswire (Sep 28, 2026)
- Core Molding Technologies Reports Fiscal 2026 Third Quarter Results - GlobeNewswire (Nov 03, 2026)
- Core Molding Technologies Announces Timing of Its Fiscal 2026 Third Quarter Results - Yahoo Finance (Oct 19, 2026)
- Core Molding Technologies Inc (CMT) Share Price Today | Core Molding Technologies (CMT) Live NSE/BSE - Value Research (Jun 03, 2022)
- CMT Stock Price and Chart — AMEX:CMT - TradingView (Jul 21, 2017)
- Core Molding Technologies (CMT) Stock Price, News & Analysis $CMT - MarketBeat (Nov 17, 2017)
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About Core Molding Technologies: questions and answers
What does Core Molding Technologies do?
Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core
Where is Core Molding Technologies headquartered?
Core Molding Technologies is headquartered in Columbus, Ohio, United States.
What is the latest news on Core Molding Technologies?
On Sep 28, 2026, Core Molding Technologies Appoints Michael J. Gayford as Chief Operating Officer
Is Core Molding Technologies a public company?
Yes. Core Molding Technologies is publicly traded under the ticker CMT.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy