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<SEC-DOCUMENT>0001299933-08-003258.txt : 20080702
<SEC-HEADER>0001299933-08-003258.hdr.sgml : 20080702
<ACCEPTANCE-DATETIME>20080702115317
ACCESSION NUMBER:		0001299933-08-003258
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080701
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080702
DATE AS OF CHANGE:		20080702

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORE MOLDING TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001026655
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS PRODUCTS, NEC [3089]
		IRS NUMBER:				311481870
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12505
		FILM NUMBER:		08932380

	BUSINESS ADDRESS:	
		STREET 1:		800 MANOR PARK DRIVE
		STREET 2:		P O BOX 28183
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43228
		BUSINESS PHONE:		8006666960

	MAIL ADDRESS:	
		STREET 1:		800 MANOR PARK DR
		STREET 2:		P O BOX 28183
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43228

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CORE MATERIALS CORP
		DATE OF NAME CHANGE:	19961107
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_27914.htm
<DESCRIPTION>LIVE FILING
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<TITLE> CORE MOLDING TECHNOLOGIES, INC. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	July 1, 2008
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	CORE MOLDING TECHNOLOGIES, INC.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	001-12505
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	31-1481870
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	800 Manor Park Drive, P.O.BOX  28183, Columbus, Ohio
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	&nbsp;
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	43228-0183
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	614-870-5000
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<P ALIGN="CENTER">
<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
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<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<B>
	Item 8.01 Other Events.
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On July 1, 2008, Core Molding Technologies, Inc., (the "Company") announced that it had signed a letter of intent to purchase approximately 22 acres of land and to construct a new manufacturing facility in Matamoros, Mexico which will replace its current leased facility.  Building construction will begin upon signing a definitive land purchase and construction contract and is expected to be completed in 2009.<br><br>The press release issued by the Company is attached as Exhibit 99(a) to this report.<br>
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	Item 9.01 Financial Statements and Exhibits.
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Exhibit 99(a)<br><br>Press release.
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<B>
	SIGNATURES
</B>
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	CORE MOLDING TECHNOLOGIES, INC.
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	&nbsp;&nbsp;
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<I>
	July 2, 2008
</I>
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	&nbsp;
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<I>
	By:
</I>
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	&nbsp;
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<I>
	Herman F. Dick, Jr.
</I>
<BR>
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</TD>
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<FONT SIZE="2">
	&nbsp;
</FONT>
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	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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	&nbsp;
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	&nbsp;
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<I>
	Name: Herman F. Dick, Jr.
</I>
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	&nbsp;
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<I>
	Title: Vice President, Secretary, Treasurer and Chief Financial Officer
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	99.(a)
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	&nbsp;
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Press release
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<TYPE>EX-99.(A)
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 12pt">Exhibit&nbsp;99(a)</FONT>


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    <TD width="49%">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">FOR IMMEDIATE RELEASE
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CONTACT: KEVIN L. BARNETT<BR>
(614)&nbsp;870-5603</TD>
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<P align="center" style="font-size: 12pt">CORE MOLDING TECHNOLOGIES ANNOUNCES PLANS TO BUILD NEW MATAMOROS FACILITY



<P align="left" style="font-size: 12pt">COLUMBUS, OHIO &#150; July&nbsp;1, 2008 &#150; Core Molding Technologies, Inc. (AMEX: CMT) today announced that it
has signed a letter of intent to purchase approximately 22 acres of land and to construct a
manufacturing facility in Matamoros, Mexico. The company plans to invest approximately $20.2
million in a new facility that will replace its existing leased facility in Matamoros and add
compression molding capabilities. The scheduled 2009 opening of the new 400,000 sq. ft. plant will
allow Core Molding Technologies to better serve existing customers and provide capacity for future
growth.


<P align="left" style="font-size: 12pt; text-indent: 4%">&#147;We&#146;ve looked at making a strategic investment in the Southwest area for some time,&#148; said
Kevin L. Barnett, President and Chief Executive Officer. Core Molding Technologies has had a
successful open molding and resin transfer molding operation in Matamoros since 2001, operating out
of a leased facility. &#147;The existing leased facility is not optimal for our needs and does not
offer much expansion opportunity for growth,&#148; continued Barnett. Core Molding Technologies also
plans to add compression molding capabilities at this new facility along with the existing open and
resin transfer molding processes. &#147;Having compression molding in the Southwest will allow us to
better serve our existing customers in this area by reducing the delivery costs associated with our
products and improving our overall competitiveness,&#148; said Barnett.


<P align="left" style="font-size: 12pt; text-indent: 4%">Upon the completion of the new facility, Core Molding Technologies will move the production of
certain products from its Columbus, Ohio facility to the new facility to more competitively serve
certain customers located in that region. The Company expects to move approximately 75 positions
from Columbus as a result of this transfer. The actual reduction in personnel is expected to be
less due to increased labor needs resulting from increased production levels associated with the
projected recovery in the truck market and new growth opportunities. &#147;By expanding our
capabilities in Matamoros and freeing up capacity in our Columbus facility, we gain the flexibility
to take on new business, as we had little room for growth in either facility,&#148; Barnett added. &#147;We
look forward to successfully completing this challenging project that improves our ability to serve
our existing customers and expands our capabilities for future growth in both new and existing
markets,&#148; said Barnett.


<P align="left" style="font-size: 12pt; text-indent: 4%">Core Molding Technologies is a compounder of sheet molding compound (SMC)&nbsp;and molder of
fiberglass-reinforced plastics. The Company produces high quality fiberglass-reinforced, molded
products and SMC materials for varied markets, including medium and heavy-duty trucks, automobiles,
personal watercraft, and other commercial products. The Company offers customer a range of
manufacturing processes to fit various volume and capital requirements. These processes include
compression molding, resin transfer molding (RTM), epoxy molding, spray-up and hand-lay-up. Core
Molding Technologies has its headquarters in Columbus, Ohio, and operates plants in Columbus and
Batavia, Ohio, Gaffney, South Carolina, and Matamoros, Mexico. More information on Core Molding
Technologies can be found at <U>www.coremt.com</U>.


<P align="left" style="font-size: 12pt"><FONT style="font-size: 10pt"><I>This press release contains certain forward-looking statements within the meaning of the
federal securities laws. As a general matter, forward-looking statements are those focused upon
future plans, objectives or performance as opposed to historical items and include statements of
anticipated events or trends and expectations and beliefs relating to matters not historical in
nature. Such forward-looking statements involve known and unknown risks and are subject to
uncertainties and factors relating to Core Molding Technologies operations and business
environment, all of which are difficult to predict and many of which are beyond Core Molding
Technologies&#146; control. These uncertainties and factors could cause Core Molding Technologies&#146;
actual results to differ materially from those matters expressed in or implied by such
forward-looking statements.</I>
</FONT>

<P align="left" style="font-size: 10pt"><I>Core Molding Technologies believes that the following factors, among others, could affect its
future performance and cause actual results to differ materially from those expressed or implied by
forward-looking statements made in this press release: business conditions in the plastics,
transportation, watercraft and commercial product industries; general economic conditions in the
markets, sometimes driven by federal and state regulations (including engine emission regulations),
in which Core Molding Technologies operates; dependence upon two major customers as the primary
source of Core Molding Technologies&#146; sales revenues; recent efforts of Core Molding Technologies to
expand its customer base; failure of Core Molding Technologies&#146; suppliers to perform their
contractual obligations; the availability of raw materials; inflationary pressures; new
technologies; competitive and regulatory matters; labor relations; the loss or inability of Core
Molding Technologies to attract and retain key personnel; compliance changes to federal, state and
local environmental laws and regulations; the availability of capital; the ability of Core Molding
Technologies to provide on-time delivery to customers, which may require additional shipping
expenses to ensure on-time delivery or otherwise result in late fees; risk of cancellation or
rescheduling of orders; management&#146;s decision to pursue new products or businesses which involve
additional costs, risks or capital expenditures; and other risks identified from time-to-time in
Core Molding Technologies other public documents on file with the Securities and Exchange
Commission, including those described in Item&nbsp;1A of the 2007 Annual Report to Shareholders on Form
10-K.</I>



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