Recent Updates — CMT

Core Molding Technologies announced the immediate promotion of Michael J. Gayford to Chief Operating Officer on September 28, 2026. In this expanded role, Gayford assumes operational responsibility for North American operations and oversees program management, research and development initiatives, and strategic growth programs. He previously served as Executive Vice President of Operations since March 2023. This filing is an amendment correcting the EDGAR item tagging from Item 5.01 to Item 5.02 without altering substantive disclosures. Core Molding Technologies operates in the engineered materials industry, specializing in molded structural products for truck, powersports, and industrial markets.

Core Molding Technologies filed an 8-K to furnish slides from its September 28, 2026 Investor Day presentation. The company highlighted a proven operational transformation and outlined a strategy for profitable growth targeting $500 million in revenues by 2030. Management reported winning $89 million in incremental annual revenue over the prior 18 months, with $63 million secured in 2025 and $26 million in the first half of 2026. The firm updated its fiscal year 2026 guidance, expecting full-year sales at the midpoint of flat to up 5% and gross margins between 16% and 17%. Core Molding Technologies operates as a manufacturer of large-format composite molding solutions for the transportation, powersports, utilities, and building products industries.

Core Molding Technologies reported second quarter fiscal 2026 results with total net revenues of $62.7 million, a decline from $79.2 million in the prior year period. Production revenue fell 1.2% to $60.9 million due to softness in medium- and heavy-duty truck markets, though excluding that vertical, production sales grew 20.8%. Net income was $1.8 million ($0.21 diluted EPS), down from $4.1 million ($0.47 diluted EPS) a year ago, driven by higher SG&A expenses including $1.8 million in non-recurring Mexico expansion and severance costs. The company secured $25.7 million in new business wins during the first half of 2026. Financially, Core Molding repaid its remaining term loan balance and amended credit facilities to provide a $100 million aggregate facility maturing in July 2031. For full-year 2026, management expects total net sales growth of flat to approximately 5% and gross margins between 17% and 19%. Core Molding Technologies operates as an engineered materials company specializing in molded structural products for truck, powersports, building products, and industrial markets.

Core Molding Technologies, Inc. entered into a Third Amendment to its Credit Agreement with The Huntington National Bank on July 2, 2026. The amendment increases the Revolving Credit Commitment from $25,000,000 to $50,000,000 and adds a new delayed draw term loan facility of up to $50,000,000. Key modifications include reducing the Applicable Margin range to 125-200 basis points, extending credit facility maturities by five years, and limiting Restricted Payments to $10,000,000 for fiscal years 2026 and 2027. The amendment also adjusts the Consolidated EBITDA definition to include add-backs for Mexico facility relocation costs and executive retirement expenses. Core Molding Technologies, Inc. is a manufacturing company specializing in molding technologies.

Core Molding Technologies, Inc. announced on June 8, 2026, that its executive management team intends to use the attached investor presentation (Exhibit 99.1) in conversations with investors, analysts, and others. The presentation is also available on the company's website.