Core Molding Technologies (CMT) 17th Annual Southwest IDEAS Conference summary

Leadership transition and succession planning

• CEO will retire in May 2026, with the COO set to succeed after a two-year development program.

• Succession planning and leadership development are emphasized at all levels.

• Leadership transition is supported by extensive mentoring and operational collaboration.

Strategic transformation and operational focus

• Business turnaround began in 2019, focusing on culture, talent, and operational basics.

• Initial efforts were internally focused, later shifting to customer contracts and pricing renegotiations.

• Continuous improvement and frontline leadership training are ongoing priorities.

Market positioning and growth strategy

• 45 years of experience in composites, with a strong presence in transportation and power sports.

• Sole-sourced tooling and large-scale presses create a competitive moat.

• Six manufacturing locations across North America, supporting USMCA compliance.

• Diversification into building products, industrial, and utilities markets.