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Basis of Presentation
 12 Months Ended
Dec. 31, 2020
Basis of Presentation  
Basis of Presentation
1. Basis of Presentation
 
 
Core Molding
 
Technologies and
 
its subsidiaries
 
operate in
 
the composites
 
market as
one
 
operating segment
 
as a
 
molder of
thermoplastic and thermoset
 
structural products. The
 
Company's operating segment
 
consists of
two
 
component reporting units,
Core Traditional and
 
Horizon Plastics. The
 
Company offers customers
 
a wide range
 
of manufacturing processes
 
to fit various
program volume and
 
investment requirements.
 
These processes include
 
compression molding
 
of sheet molding
compound("SMC"), bulk molding
 
compounds ("BMC"),
 
resin transfer molding
 
("RTM"), liquid molding
 
of dicyclopentadiene
("DCPD"), spray-up
 
and hand-lay-up,
 
glass mat
 
thermoplastics ("GMT"),
 
direct long-fiber
 
thermoplastics ("D
 
-LFT") and
structural foam and
 
structural web injection
 
molding ("SIM").
 
Core Molding Technologies
 
serves a wide
 
variety of markets,
including the medium and heavy-duty truck, marine, automotive, agriculture,
 
construction, and other commercial products.