Core Molding Technologies Announces New Labor Contract

Summary


COLUMBUS, Ohio, Aug. 17 /PRNewswire-FirstCall/ -- Core Molding Technologies, Inc. (NYSE Amex: CMT) today announced that it reached a new labor agreement with the International Association of Machinists and Aerospace Workers, Local 1471, which represents the Company's Columbus, Ohio production employees. The new agreement will extend for three years to August 10, 2013.

Core Molding Technologies, Inc. is a compounder of sheet molding composites (SMC) and molder of fiberglass reinforced plastics. The Company's processing capabilities include the compression molding of SMC, resin transfer molding, multiple insert tooling (MIT), resin transfer molding, spray up and hand lay up processes. The Company produces high quality fiberglass reinforced, molded products and SMC materials for varied markets, including light, medium and heavy- duty trucks, automobiles, automobile aftermarket, personal watercraft and other commercial products. Core Molding Technologies, with its headquarters in Columbus, Ohio, operates plants in Columbus and Batavia, Ohio, Gaffney, South Carolina, and Matamoros, Mexico. More information on Core Molding Technologies can be found at www.coremt.com.

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Core Molding Technologies Announces New Labor Contract

This press release contains certain forward-looking statements within the meaning of the federal securities laws. As a general matter, fo...

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