Core Molding Technologies (CMT) Investor day 2026 summary

Strategy and growth priorities

• Shift from turnaround to profitable growth, building on stronger execution, customer relationships, leadership, and manufacturing capacity.

• 2030 targets include revenue above $500M, gross margin of 21%-23%, operating income of 10%, 14%-16% return on capital, 16%-18% EBITDA margin, and $60M-$70M operating cash flow.

• Focus on truck, powersports, utilities and infrastructure, building products, and construction and agriculture; truck and powersports were 44% and 27% of 2025 revenue, while 65% of recent wins were outside those markets.

• Diversification is intended to reduce cyclicality, improve asset utilization, and broaden growth opportunities.

• Organic growth is prioritized under ROCE and return hurdles; acquisitions should diversify markets or capabilities and meet return and leverage criteria.

Commercial growth and opportunities

• Dedicated business development and customer experience functions tripled growth-activity bandwidth and doubled customer-experience bandwidth.

• Incremental revenue reached a record $63M in 2025 and $26M in H1 2026; commercial transformation generated $89M in incremental annual revenue over 18 months.

• Late-July pipeline included $1.4B in lifetime opportunity value, $150M in annual prospecting opportunities, and $210M in annual revenue being quoted or negotiated; another summary cited $147M in annual revenue actively pursued.

• Awards over 30 months totaled $142M in annual sales, including $115M incremental; $85M was not yet launched, with 90% expected to launch within 12 months.

• A/B opportunity win rate was 40% over the prior 18 months, versus a 20%-25% overall rate over the preceding five years.

Manufacturing platform and investment

• North American footprint exceeds 1M sq ft, with 83 presses up to 5,500 tons; facilities specialize in distinct processes and share expertise and production programs.

• 2026 Mexico investment totals $25M, including $20M in Matamoros for two 4,500-ton presses and a 50,000-sq-ft expansion; remaining investment supports Monterrey capabilities.

• Monterrey expanded from 50,000 to 217,000 sq ft and is developing as the DCPD center of excellence, with topcoat painting and 70,000 sq ft available for future capacity.

• Columbus has more than 100M lb of annual SMC capacity; in-house compounding and molding expertise supports material consistency, lower scrap, and external material sales.

• Existing facilities can support $450M-$475M in sales, subject to matching demand with press, process, and location; some additional CapEx may be needed.