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CMT $18.54

CMT target price
18.54
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Core Molding Technologies, Inc
Type
Public
Traded as AMEX: CMT
Industry Rubber & Plastics
Founded 1988
Headquarters Columbus, Ohio, United States
Key people
Kevin L. Barnett (CEO)
Products Fiber reinforced plastics and plastic composites
Services Services to assist manufacturing and product development
Website www.coremt.com

Core Molding Technologies, Inc. was founded in 1988 (original name is Core Materials Corporation) and now based in Columbus, Ohio. The company manufactures sheet molding compounds (SMC), and molds fiberglass reinforced plastics. It occupies over 1,000,000 square feet of manufacturing space and its mainly subsidiaries are in Matamoros, Mexico, Gaffney, South Carolina, and Cincinnati, Ohio. In 2011, Core Molding Technologies formed Core Specialty Composites, LLC.

1980: The predecessor company Columbus Plastic Operations was set up.
1996: The company (firstly named Core Materials Corporation) was set up and acquired Columbus Plastic Operations.
2002: The company changed its name to Core Molding Technologies, Inc.
2011: The company formed Core Specialty Composites, LLC

In March 2013, Core Molding Technologies, Inc. received a significant new business opportunity award from Volvo Group North America LLC.

Core Molding Technologies specializes in large-format moldings and provides fiberglass processes, such as compression molding process (SMC, GMT), spray-up, hand lay-up, resin transfer molding (RTM), and reaction injection molding (RIM). Core Molding Technologies mainly produced fiber reinforced plastics and plastic composites such as shielding, vehicle roofs, hoods and so on. Besides, it also provides services for manufacturing and product development, such as custom material formulations, composite mold construction, design for manufacturability and so on. Next Generation Product Released: Core Molding Technologies' Featherlite® SMC Production Reaches 10,000,000 lbs.

2011.2, The company introduced Featherlite® SMC, with a 1.43 sp.gr density, lighter than standard-density SMC (1.9 sp.gr).
2012, The company introduced N-sulGuard® SMC to support Ag and Construction Equipment and Electrical markets.
2013.8, the company announced Airilite™, an ultra-low density SMC, about 1.18 sp.gr.
2013.10, the company announced the low-density Featherlite® SMC has reached 10,000,000 pounds. This also announced FeatherliteXL™ SMC, the company's second-generation advancement, began to develop.

Core Molding Technologies, because of its stable supplies, was presented a "Supplier of the Year" award for 2012 by Kautex Textron GmbH & Co. KG., one of the 100 largest global automotive suppliers.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

9131-03-21
6291-04-02
6253-03-19
5968-02-14
4593-02-26
3418-03-31
2014-12-08 Initiated Singular Research Buy $17
1970-01-01
1771-03-09
9131-03-21
6291-04-02
6253-03-19
5968-02-14
4593-02-26

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
BARNETT KEVIN L President and CEO 2.24%  (172053) CMT /
SIMONTON JAMES L 1.74%  (133708) CMT /
O'Donovan Terrence James VP, Marketing and Sales 1.05%  (80322) CMT /
KLESTINEC STEPHEN J Vice President and COO 1.05%  (80188) CMT /
DICK HERMAN F JR VP, Secretary, Treasurer & CFO 0.99%  (75607) CMT /
Zimmer John P VP, Treasurer, Secretary & CFO 0.82%  (62506) CMT /
CELLITTI THOMAS R 0.68%  (52287) CMT /
Ringling William Vice President of Operations 0.29%  (22463) CMT /
Jauchius Matthew 0.29%  (21868) CMT /
PRINE MALCOLM M 0.28%  (21719) CMT /
HELLMOLD RALPH O 0.20%  (15608) CMT /
CROWLEY JAMES F 0.19%  (14339) CMT / GPRE /
Smith Andrew O 0.19%  (14322) CMT /
Price Robert P Vice President of Operations 0.14%  (10362) CMT /