Lean Manufacturing Program: Core Molding Technologies Reports Third Quarter 2004 Results

From Yahoo News (press release) ... Company continues to implement process improvements consistent with our mission to deliver high quality products through our lean manufacturing program," said ...

... Core Molding Technologies, Inc. (Amex: CMT) today announced results for the third quarter and nine months ended September 30, 2004. The Company recorded net income for the third quarter of 2004 of $478,000, or $.05 per basic and diluted share, compared with a loss of $5,000, or ($.00) per basic and diluted share, in the third quarter of 2003. Total net sales for the third quarter were $25,928,000, compared with $19,335,000 in the same quarter of 2003. ...

Core Molding Technologies, Inc. is a compounder of sheet molding composites (SMC) and molder of fiberglass reinforced plastics. The Company's processing capabilities include the compression molding of SMC, vacuum assisted resin infusion molding, spray up and hand lay up processes. The Company produces high quality fiberglass reinforced, molded products and SMC materials for varied markets, including light, medium and heavy-duty trucks, automobiles, automobile aftermarket, personal watercraft and other commercial products. Core Molding Technologies, with its headquarters in Columbus, Ohio, operates plants in Columbus, Gaffney, South Carolina, and Matamoros, Mexico.