Company History
1990s
1996:
CORE Materials Corp. (CMC) is formed and acquires Columbus Plastics, a division of heavy truck OEM Navistar International
1998:
CORE builds 111,000 ft² plant in Gaffney, South Carolina to reach the Southeastern United States
2000s
2001:
CORE acquires the assets of Airshield Corporation and its facility in Matamoros, MX, giving the company its first operations outside the US and expanding beyond compression molding
2002:
CORE changes its name to Core Molding Technologies (CMT) to reflect its broader process focus
2004:
CORE forms CORE Automotive Technologies and acquires the assets of Keystone Restyling Products, an automotive aftermarket provider
2005:
CORE purchases the assets of Cincinnati Fiberglass, establishing its facility outside Cincinnati, Ohio
2009:
CORE completes construction of a new 437,000 ft² greenfield plant in Matamoros
2010s
2011:
CORE initiates a 39,000 ft² expansion of its Matamoros facility
CORE introduces Featherlite® SMC, the lowest-density SMC available without the use of glass microspheres
2012:
CORE introduces its N-sulGuard brand of SMC to support Ag, Construction and Electrical markets
2013:
Featherlite® SMC reaches 10,000,000 lbs of production
FeatherliteXL® SMC is released with improved performance
Ultra-low 1.18 density Airilite® SMC is released, at the time, the lowest-density SMC available in the industry
2014:
Ultra-low density Mirilite® SMC (Class A) and Econolite® SMC (utility uses) are released
CORE manufactures its 2,000,000th truck hood as an independent organization
2015:
CORE acquires the assets of CPI Binani, in Winona, Minnesota, an innovator and leading producer of Direct Long-Fiber Thermoplastics (D-LFT), expanding significantly into thermoplastics molding
2016:
CORE releases 0.98 density Hydrilite® SMC, becoming the first to market with an SMC below the density of water
2018:
CORE acquires the assets of Horizon Plastics International, a Canadian-based molder of structural foam and structural web products
2020s
2021:
Local STEM-Education partnership & support
Record Annual Revenue: $307 Million