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<SEC-DOCUMENT>0001299933-10-000416.txt : 20100203
<SEC-HEADER>0001299933-10-000416.hdr.sgml : 20100203
<ACCEPTANCE-DATETIME>20100203130713
ACCESSION NUMBER:		0001299933-10-000416
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100128
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100203
DATE AS OF CHANGE:		20100203

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:		10569752

	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_36099.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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	January 28, 2010
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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, 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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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	614-870-5000
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&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 1.01 Entry into a Material Definitive Agreement.
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On January 28, 2010, Core Molding Technologies, Inc. and Core Composites Corporation, its wholly-owned subsidiary (collectively referred to herein as "Core"), entered into a first addendum to its Comprehensive Supply Agreement, dated June 23, 2008 (the "Supply Agreement") with Navistar, Inc. ("Navistar").  <br><br>The addendum to the Supply Agreement contains certain commitments of both Core and Navistar regarding the shift of production from Core's Columbus, Ohio manufacturing facility to its Matamoros, Mexico manufacturing facility.  The shift from Columbus to Matamoros is being driven by Navistar's relocation of certain production to its Escobedo, Mexico assembly plant.  Under the terms of the supply agreement, Navistar will continue to purchase one-hundred percent of its original equipment and service requirement that presently exist for specified fiberglass reinforced products and sheet molding compound from Core.<br><br>Core will incur approximately three million dollars of expense for transfer and sta
rt up costs as well as one million dollars of capital costs, associated with providing additional compression molding presses and related equipment at its Matamoros manufacturing facility to support the products being relocated.  <br><br>Navistar is Core's largest customer and accounted for approximately 57% of Company&#x2019;s 2008 total revenue, and is also a significant stockholder, owning approximately 9.8% of the Company&#x2019;s outstanding common stock.<br><br>Core intends to seek confidential treatment of certain terms contained in the addendum to the Supply Agreement, which will be filed as an exhibit to the Company&#x2019;s annual report on Form 10-K for the year ended December 31, 2009.<br>
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	Item 7.01 Regulation FD Disclosure.
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A copy of the press release issued by Core announcing the addendum to the Supply Agreement is attached hereto as Exhibit 99(a).
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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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	SIGNATURES
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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>
	February 3, 2010
</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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	&nbsp;
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<I>
	Name: Herman F. Dick, Jr.
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	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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Press release
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<TYPE>EX-99.(A)
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<FILENAME>exhibit1.htm
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<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
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<TITLE> EX-99.(a) </TITLE>
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<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
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    <TD width="46%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-size: 12pt">FOR IMMEDIATE RELEASE</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-size: 12pt">CONTACT: KEVIN L. BARNETT<BR>
(614)&nbsp;870-5603</FONT></TD>
</TR>
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</DIV>


<P align="center" style="font-size: 12pt">CORE MOLDING TECHNOLOGIES ANNOUNCES ADDENDUM TO COMPREHENSIVE SUPPLY AGREEMENT



<P align="left" style="font-size: 12pt">COLUMBUS, OHIO &#150; February&nbsp;3, 2010 &#151; Core Molding Technologies, Inc. (NYSE Amex: CMT) today
announced that it has signed an addendum to its Comprehensive Supply Agreement with Navistar, Inc.
(&#147;Navistar&#148;). In accordance with this addendum, Core has agreed to shift production of certain
products from its Columbus, Ohio facility to its Matamoros, Mexico facility. The shift from
Columbus to Matamoros is being driven by Navistar&#146;s relocation of certain production to its
Escobedo, Mexico assembly plant. Under the terms of the Supply Agreement, Navistar will continue
to purchase 100% of its original equipment and service requirements that presently exist for
specified fiberglass reinforced products from Core. Core plans to incur approximately $3.0&nbsp;million
of expense for transfer and startup costs and $1.0&nbsp;million of capital associated with this move.
Core expects to transfer approximately 90 positions from Columbus to Matamoros by the end of June
as a result of this production relocation.


<P align="left" style="font-size: 12pt; text-indent: 4%">&#147;This move allows us to better serve Navistar by reducing logistical costs associated with our
products and improves our overall competitiveness,&#148; said Kevin L. Barnett, President and Chief
Executive Officer. &#147;We look forward to a continued long term relationship with Navistar,&#148; Barnett
added. &#147;We are also sensitive to the impact of this move on our Columbus work force who have
contributed so much to our Company, however this move could not be avoided due to Navistar&#146;s
production changes,&#148; said Barnett. &#147;Core continues to be very committed to Columbus and will
increase its efforts to attract new business to the Columbus facility as a result of this
transfer,&#148; Barnett continued.


<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), 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 three 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 2008 Annual Report to Shareholders on Form
10-K.</I>



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