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.

Core Molding Technologies, Inc. appointed President and CEO Eric Palomaki to its Board of Directors on June 5, 2026, following the resignation of David L. Duvall. Mr. Palomaki's amended employment agreement includes a $525,000 base salary, an initial grant of 20,000 restricted stock shares, and annual incentive targets of 100% for short-term and 200% for long-term incentives.