Acquisitions
As CORE has grown through acquisitions, we have acquired additional new capabilities to add value to our customers and other stakeholders.
Thanks to these acquisitions, CORE Molding Technologies offers the broadest range of composite and engineered plastics materials and processes in the industry. All of our solutions are available to any customer, across every industry we serve. As the CORE brand, we work with each customer as a unified team, to offer our full range of services and capabilities and to meet or exceed your program requirements on every application.
CPI acquisition adds DLFT capabilities
CPI-Binani (“CPI”) was acquired by CORE in 2015 and fully integrated shortly thereafter. CPI added Direct Long-Fiber Thermoplastics (DLFT) capability to our portfolio, and greatly expanded our capabilities with thermoplastic materials.
CPI is an innovator and early inventor of introducing long-fiber reinforcements to thermoplastics dynamically at the molding operation, a process known as DLFT. This eliminates the intermediate step of producing flat laminate prepregs, used in the glass mat thermoplastic (GMT) process. It provides improved properties over the use of chopped glass-reinforced thermoplastic pellets. The DLFT process offers lower costs and improved performance over alternatives. Today, Core operates DLFT presses in the original Winona, Minnesota and Matamoros, Mexico.
Low-Pressure Injection added via Horizon Plastics
Horizon Plastics International (“HPI”) was acquired by CORE in 2018 to add the low-pressure injection molding processes of structural foam and structural web to our suite of engineered plastics options.
Low-Pressure injection introduces nitrogen gas at various stages of the injection molding. Products using this process feature enhanced material properties over competing thermoplastics. Structural Foam and Structural Web processes can reduce weight, improve stiffness, and create hollow products without secondary processes.
CORE maintains one of the widest ranges of low-pressure injection press sizes and technical capabilities in the industry. Today, you can find low-pressure injection molding equipment operating out of two Core facilities: Cobourg, Canada, and Escobedo, Mexico.
