New two-story atrium debuts as part of Oosterdam's Evolution transformation; reimagined Crow's Nest expands live entertainment experiences

SEATTLE, Oct. 16, 2026 /PRNewswire/ -- Holland America Line is introducing Bar 1873, a new signature gathering place where contemporary design, cocktails and live music bring more than 150 years of the cruise line's history to life. Debuting aboard Oosterdam as part of the ship's Holland America Evolution transformation, the two-story atrium venue will feature a soaring illuminated tulip sculpture, curated heritage displays and comfortable lounges designed for cocktails, conversation and intimate entertainment. As part of the Evolution enhancements, Oosterdam also will debut a reimagined Crow's Nest, expanding the ship's live entertainment offerings with new music programming and greater flexibility for activities throughout the day and evening.

Designed to bring Holland America Line's history to life in a contemporary way, Bar 1873 will become a hallmark of the Holland America Evolution program. Different ships will offer their own interpretation of the venue, drawing inspiration from a different story, tradition or milestone from the cruise line's more than 150-year history. On Oosterdam, the venue's theme, May She Be Blessed, honors the maritime tradition of ship christenings and the godmothers who have helped launch generations of Holland America Line ships.

"One of the goals of Holland America Evolution is to celebrate the traditions that have always made us special while introducing fresh experiences for today's guests," said Beth Bodensteiner, president of Holland America Line. "Bar 1873 is one of the most exciting examples of that vision. On Oosterdam, we've taken an important part of our history and transformed it into a completely new venue. As the concept expands, each bar will draw inspiration from a different part of our heritage, creating a distinct experience aboard every Evolution ship."

Oosterdam's Bar 1873 draws from the 1958 christening of Rotterdam V by Queen Juliana of the Netherlands, reflecting Holland America Line's longstanding connection to the Dutch royal family. Artwork, maritime references and design details throughout the venue will interpret that story, creating a setting that feels contemporary while remaining connected to the people and traditions that have shaped the cruise line. Live piano performances will serve as a centerpiece of the experience during pre-dinner cocktail hours and throughout the evening, complemented by select appearances from vocalists and Holland America Line's Vivace musicians.

A dramatic centerpiece at the heart of the ship

Designed in partnership with London-based design firm SMC, Bar 1873 is built around Oosterdam's central atrium on Deck 2. The space is defined by a soaring three-meter illuminated tulip sculpture inspired by the Netherlands' national flower and Holland America Line's signature orange tulip. Rising above the venue and visible from multiple vantage points throughout the atrium, the dramatic centerpiece casts intricate patterns of light across the space while serving as a visual tribute to the cruise line's Dutch roots. Surrounding the tulip are more than 200 heritage and repurposed objects, bespoke artwork and a visual timeline tracing the company's legacy, creating a layered experience that connects the venue's contemporary design to Holland America Line's history.

Oosterdam's Bar 1873 extends its central narrative through a series of details inspired by the places, people and era behind the story. Vintage-style maps and custom artwork weave together Dutch cultural influences, maritime exploration and the spirit of travel that has defined Holland America Line for more than 150 years. Throughout the space, these elements connect guests to the geography, history and traditions behind the venue's inspiration.

The design also includes a number of subtle tributes to Holland America Line's past. Carpets are inspired by the movement of light across the ocean and feature a dramatic centerpiece rug influenced by a clock in the main dining room of SS Rotterdam. The lounge's grand fireplace draws inspiration from Holland America Line's original headquarters, now Hotel New York in Rotterdam, reflecting the warmth and hospitality that have long defined the guest experience.

A toast to tradition

Holland America Line has long used its beverage program to tell stories through the glass, creating cocktails inspired by destinations, cultures and moments from the cruise line's history. Bar 1873 builds on that tradition by bringing those stories beyond the menu and into the design of the venue itself.

Inspired by the maritime tradition of ship christenings and the godmothers who have played an important role throughout Holland America Line's history, Oosterdam's Bar 1873 menu is anchored by May She Be Blessed, a celebratory cocktail named for the blessing traditionally bestowed upon a ship before it enters service. Guests will be able to personalize the drink with their choice of essence, creating a personalized toast inspired by one of maritime history's most enduring traditions.

Alongside the signature cocktail, the menu will feature modern interpretations of classic favorites and original creations inspired by the stories behind each Bar 1873 experience.

Reimagined Crow's Nest expands entertainment offerings

As part of Oosterdam's Evolution enhancements, Holland America Line will also introduce a refreshed Crow's Nest experience. Long known as one of the ship's most popular gathering spaces thanks to its panoramic ocean views, the venue will offer greater flexibility for activities and entertainment throughout the day and evening.

Expanded live music programming will create additional opportunities for guests to gather, listen and dance while preserving the relaxed atmosphere and scenic setting that have long made Crow's Nest a guest favorite. The space transitions throughout the day, offering everything from activities and enrichment programming to live music and entertainment in the evening.

In the evening, guests can enjoy performances featuring favorite songs from the 1970s through today. With an engaging, guest-focused approach and a wide-ranging repertoire, the experience is designed to create even more opportunities for live entertainment aboard Oosterdam.

The largest fleet investment in Holland America Line history

As the largest fleet update in the company's 153-year history, Holland America Evolution will revitalize all six Vista Class and Signature Class ships, beginning with Oosterdam and Zuiderdam and extending to the newly acquired Vista Class ship Arcadia.

Holland America Evolution blends new venues and enhanced experiences with the features guests already know and love, while introducing select elements inspired by the cruise line's Pinnacle Class ships. Across the fleet, guests can expect refreshed public spaces, updated accommodations and expanded onboard offerings, all while preserving the gracious service, destination-rich travel and perfectly sized ships that define Holland America Line. Bar 1873 is one example of that approach, pairing a fresh new concept with the traditions and hospitality that have long been part of the guest experience.

Bookings are now open for cruises aboard Oosterdam and Zuiderdam following their transformations. Additional details about Holland America Evolution and upcoming ship enhancements are available at hollandamerica.com/evolution.

Find Holland America Line on Facebook, Instagram and the Holland America Blog. You can also access all social media outlets via the home page at hollandamerica.com.

About Holland America Line

Holland America Line has been exploring the world for more than 150 years with expertly crafted itineraries, extraordinary service and genuine connections to the destinations. Offering a perfectly-sized ship experience, its fleet of 11 vessels visits nearly 400 ports in 114 countries around the world and has shared the thrill of Alaska for nearly 80 years — longer than any other cruise line. In 2029, Holland America Line will welcome a 12th ship to its fleet. Savour the Journey isn't just a tagline, it's a reinforcement that the cruise line provides experiences too good to hurry through, connecting travelers to the world and each other. Award-winning enrichment programming, entertainment and cuisine that brings each locale on board, including a revolutionary Global Fresh Fish Program, put Holland America Line at the forefront of premium cruising. Holland America Line is part of Carnival Corporation, the world's largest cruise company with a portfolio of cruise lines operating in over 800 ports & destinations worldwide. (NYSE: CCL).  

SOURCE Holland America Line

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Perceptive Discovery becomes the first US provider able to support At-211 studies, expanding access to specialized radiopharmaceutical development infrastructure through its collaboration with Atley Solutions

BOSTON, Oct. 16, 2026 /PRNewswire/ -- Perceptive Discovery today announced the availability of astatine-211 (At-211) radiopharmaceutical development studies at its US and UK locations, becoming the first US provider able to execute At-211 studies.

The milestone builds on Perceptive Discovery's strategic collaboration with Atley Solutions and expands access to specialized infrastructure and scientific expertise for biotech and pharmaceutical companies developing next-generation targeted alpha therapies.

At Perceptive Discovery's laboratory at Queen Mary University of London (QMUL), the first Atley C100 module within the collaboration has been installed and successfully used to purify At-211 from an irradiated bismuth-209 target. In the US, At-211 delivered in solution is available from multiple sources, enabling the team to begin supporting US studies immediately with confidence around isotope supply. A second Atley C100 module is expected to be installed at Perceptive Discovery's Needham, Massachusetts facility later this month, further expanding the company's At-211 development capabilities.

With these capabilities now available, sponsors can access specialized At-211 radiochemistry expertise and infrastructure alongside Perceptive Discovery's broader preclinical and translational radiopharmaceutical development capabilities.

Expanding Access to At-211 Development

At-211 is an emerging alpha-emitting radionuclide with significant potential for targeted radiopharmaceutical therapies. However, limited access to specialized infrastructure and radiochemistry expertise has been a barrier to broader development.

Perceptive combines At-211 access with established radiopharmaceutical development expertise, including:

- Internal radiolabeling experience across proteins, peptides, and small molecules

- Multiple precursor chemistries, including boronic acid, boronic ester, tributyl tin, and trimethyl tin approaches

- Analytical characterization using radio-iTLC and HPLC-based methods

- Dedicated At-211 development infrastructure through Perceptive Discovery's collaboration with Atley Solutions, including an operational Atley C100 module at QMUL and planned expansion to the US

- Integration with preclinical imaging, biodistribution, dosimetry, efficacy, and translational development capabilities

"The ability to execute At-211 studies across our UK and US operations represents an important expansion of what we can offer sponsors developing targeted alpha therapies," said Ben Murphy, CEO of Perceptive Discovery. "The installation and successful testing of the first Atley C100 module marks an important milestone in our collaboration with Atley. By combining access to At-211 with our established expertise in radiochemistry, in vivo imaging, oncology models, dosimetry, assay development, and translational radiopharmaceutical workflows, we can help sponsors generate the decision-ready data needed to advance promising programs toward the clinic."

The Atley C100 is an automated manufacturing platform purpose-built for At-211 radiopharmaceuticals. The successful deployment of the first module at Perceptive Discovery's QMUL site, together with planned installation of a second module at the company's Needham facility, provides a foundation for expanding dedicated infrastructure to support the growing number of biotechnology and pharmaceutical companies exploring At-211-based targeted alpha therapies.

"The availability of these systems marks an important next step in our collaboration with Perceptive Discovery," said Milton Lönnroth, CEO of Atley Solutions. "Establishing dedicated At-211 infrastructure in the US and UK expands access for developers and helps create the foundation needed to advance the next generation of At-211 radiopharmaceuticals."

Perceptive Discovery is now accepting inquiries for At-211 development programs at its US and UK locations.

About Atley Solutions

Atley Solutions is a global leader in commercial products and services for the development and manufacturing of At-211 radiopharmaceuticals. The Atley C100 is a commercial module for automated manufacturing of At-211 radiopharmaceuticals. Atley also provides radiopharmaceutical development services and targetry for At-211 manufacturing.

For more information, visit www.atley.com.

About Perceptive Discovery

Perceptive Discovery delivers advanced preclinical and translational solutions that help sponsors generate the evidence needed to move promising therapeutics toward the clinic. With expertise spanning radiochemistry, in vivo imaging, oncology and CNS models, dosimetry, assay development, and radioligand therapy, Perceptive Discovery supports critical development decisions from early discovery through clinical translation.

For more information, visit www.perceptive.com/about-perceptive-discovery.

SOURCE Perceptive Discovery

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COLUMBUS, Ohio, March 12, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that management will participate in the 38th Annual Roth Conference, which will be held on March 23-24, 2026, at The Ritz-Carlton Laguna Niguel in Dana Point, CA.

Core Molding’s management will host one-on-one investor meetings during the event. Investors interested in scheduling a one-on-one meeting can contact oneonone@roth.com.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. 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”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up, direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding (“SIM”). Core Molding Technologies serves a wide variety of markets, including medium and heavy-duty trucks, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President, Secretary, Treasurer and Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

smartin@threepa.com, shooser@threepa.com

214-616-2207

COLUMBUS, Ohio, March 12, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that its Board of Directors authorized a stock repurchase program of up to $7,500,000 of the Company’s issued and outstanding common stock, par value $1.00 per share.

“This new $7.5 million share buyback authorization reflects our strong financial position, our confidence in the Company’s long-term growth prospects, and our commitment to enhancing shareholder value,” said the Company’s Chief Operating Officer and incoming Chief Executive Officer, Eric Palomaki.

Repurchases of shares of common stock under the stock repurchase program will be made in the open market and in accordance with applicable securities laws. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company’s discretion.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. The Company offers customers a wide range of manufacturing processes to fit various program volume and investment requirements. These thermoset processes include compression molding of sheet molding compound (“SMC”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up. The thermoplastic processes include direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding. Core Molding Technologies serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties. These statements often include words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “will”, “should”, “could”, “would”, “project”, “continue”, “likely”, and similar expressions. In particular, this press release may contain forward-looking statements about the Company’s expectations for future periods with respect to its plans to improve financial results, the future of the Company’s end markets. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: dependence on certain major customers, and potential loss of any major customer due to completion of existing production programs or otherwise; business conditions in the plastics, transportation, power sports, utilities and commercial product industries (including changes in demand for production); the availability and price increases of raw material,; general macroeconomic, social, regulatory and political conditions, including uncertainties surrounding volatility in financial markets; the imposition of new or increased tariffs and the resulting consequences; safety and security conditions in Mexico; costs and other resources related to Core Molding Technologies’ efforts to expand its customer base and grow its business, and provide on-time delivery to customers; ; the Company’s decision to pursue new products and initiatives to quote and execute manufacturing processes for new business, acquire raw materials, address inflationary pressures, regulatory matters and labor relations; the ability to successfully identify, evaluate and manage potential acquisitions and to benefit from and properly integrate any completed acquisitions; the Company’s financial position or other financial information; inadequate insurance coverage to protect against potential hazards; equipment and machinery failure; product liability and warranty claims; cybersecurity incidents or other similar disruptions; and other risks and uncertainties described in the Company’s filings with the SEC. These statements are based on certain assumptions that the Company has made in light of its experience as well as its perspective on historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including those included in the Company’s filings with the SEC. There can be no assurance that statements made in this press release relating to future events will be achieved. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by such cautionary statements.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President & Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

214-616-2207

COLUMBUS, Ohio, April 21, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal 2026 results on Thursday, May 7, 2026, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

By Phone: Dial 1-844-881-0134 or 1-412-317-5485 (international) at least 10 minutes before the call and ask to join the Core Molding call. A replay will be available through May 14th by dialing 1-855-669-9658 and using the replay code 2850190.

By Webcast: Connect to the webcast via the Events and Presentations page of Core Molding’s Investor Relations website at www.coremt.com/investor-relations/events-presentations/. Please log in at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. 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”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up, direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding (“SIM”). Core Molding Technologies serves a wide variety of markets, including medium and heavy-duty trucks, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President, Secretary, Treasurer and Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

smartin@threepa.com, shooser@threepa.com

214-616-2207

COLUMBUS, Ohio, May 07, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today reported financial and operating results for the three months ended March 31, 2026.

Eric Palomaki, the Company’s President and Chief Executive Officer, said, “The first quarter delivered $17 million in new business wins, gross margin expansion to 20.4%, and continued progress on our strategic Mexico investments. As expected, total sales declined modestly in the first quarter, but our top-line performance does not capture the momentum building across our portfolio. The heavy- and medium-duty truck market remains in a down cycle, and we expect this to persist through the first half of 2026. We delivered a strong sales performance across Powersports-both water and land-along with meaningful contributions from new product categories. The first-quarter gross margin demonstrates our continued pursuit of margin expansion through diversification across Core’s operating model.

“Our Invest for Growth initiatives, and this year’s Must Win Battle focused on Mexico, are translating into tangible results. That progress reflects the disciplined operating model and execution capabilities we have built over the past several years and reinforces our confidence in Core’s long-term growth trajectory. We are also seeing increases across truck orders, supported by pre-buy activity and new program launches tied to our 2024-and-beyond wins. As visibility for the second half improves, we will continue to update our full-year sales outlook in line with customer demand.”

Alex Panda, the Company’s EVP and Chief Financial Officer, commented, “As expected, first quarter sales declined primarily due to the ongoing truck down cycle, which was meaningfully offset by strong demand in the Powersports end market. The gross margin of 20.4% reflected continued operating discipline, prudent cost control, footprint optimization, and favorable program mix. Typical seasonality, mix shifts, and planned tooling revenues support our expectation for full-year gross margin in the range of 17% to 19%.

“Our outlook remains unchanged, and we continue to expect 2026 sales to be flat to up approximately 5% year-over-year. We believe SMC compound wins and demand across other end markets will help offset the truck down cycle during the first half of the year. Based on current visibility, we expect the truck cycle to begin recovering in the second half of 2026, with momentum continuing through 2027.”

First Quarter 2026 Highlights

- Total net sales of $58.6 million decreased 4.7% year-over-year, mainly from expected truck demand, which was mostly offset by meaningful increases in Power sports demand.

- Gross margin of $12.0 million, or 20.4% of net sales, up from 19.2%, or 120 basis point improvement over the year-ago quarter. Sequentially, gross margin improved 520 basis points from 15.2% in the prior year fourth quarter.

- Selling, general, and administrative expenses of $11.2 million, or 19.1% of net sales, compared to $8.9 million, or 14.6% for the prior year first quarter. Excluding succession plan costs of $0.9 million and Mexico expansion related expense of $2.1 million, selling, general and administrative expense totaled $8.2 million or 14.0% of net sales.

- Operating income of $0.8 million, or 1.3% of net sales, compared to operating income of $2.8 million, or 4.6% of net sales for the prior year first quarter.

- Net income of $0.6 million, or $0.07 per diluted share, compared to net income of $2.2 million, or $0.25 per diluted share for the prior year first quarter. Adjusted net income1 of $3.2 million, or $0.37 per diluted share.

- Adjusted EBITDA1 of $7.3 million, or 12.5% of net sales, compared to $7.2 million, or 11.7% for the prior year first quarter. Sequentially, Adjusted EBITDA as a percent of net sales improved to 12.5% compared to 10.2% in the prior year fourth quarter.

- On March 11, 2026, the Board authorized an increase of 6,500,000 shares as part of the Company’s repurchase program.

- During the first quarter, 24,545 shares were repurchased at an average price of $18.62, totaling $457,000.

1Adjusted Net Income and Adjusted EBITDA are non-GAAP financial measures as defined and reconciled below.

2026 Capital Expenditures

Capital expenditures totaled $3.8 million in the first quarter of 2026, including $3.2 million related to the Company’s Mexico expansion project. For the full year 2026, the Company expects capital spending of approximately $25 million to $30 million, including $18 million to $20 million allocated to the Mexico expansion. The Company generated a trailing twelve-month Return on Capital Employed1 of 6.8%, or 7.9% excluding cash.

Financial Position at March 31, 2026

The Company’s total liquidity at the end of the first fiscal quarter 2026 was $73.5 million, with $23.5 million in cash, $25.0 million of undrawn capacity under the Company’s revolving credit facility, and $25.0 million of undrawn capacity under the Company’s capex credit facility. The Company’s term debt was $19.3 million at March 31, 2026. The term debt-to-trailing twelve months Adjusted EBITDA1 was less than one times Adjusted EBITDA1 at the end of the fiscal first quarter.

1 Adjusted EBITDA, term debt-to-trailing twelve months Adjusted EBITDA and return on capital employed are non-GAAP financial measures as defined and reconciled below.

Conference Call

The Company will conduct a conference call today at 10:00 a.m. Eastern Time to discuss financial and operating results for the quarter ended March 31, 2026. To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time. A telephonic replay will be available through May 14, 2026, by calling (855) 669-9658 and using passcode ID: 2850190. A webcast of the call will also be available live and for later replay on the Company’s Investor Relations website at www.coremt.com/investor-relations/events-presentations/.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. The Company offers customers a wide range of manufacturing processes to fit various program volume and investment requirements. These thermoset processes include compression molding of sheet molding compound (“SMC”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up. The thermoplastic processes include direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding. Core Molding Technologies serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties. These statements often include words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “will”, “should”, “could”, “would”, “project”, “continue”, “likely”, and similar expressions. In particular, this press release may contain forward-looking statements about the Company’s expectations for future periods with respect to its plans to improve financial results, the future of the Company’s end markets. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: dependence on certain major customers, and potential loss of any major customer due to completion of existing production programs or otherwise; business conditions in the plastics, transportation, power sports, utilities and commercial product industries (including changes in demand for production); the availability and price increases of raw materials; general macroeconomic, social, regulatory and political conditions, including uncertainties surrounding volatility in financial markets; the imposition of new or increased tariffs and the resulting consequences; safety and security conditions in Mexico; costs and other resources related to Core Molding Technologies’ efforts to expand its customer base and grow its business, and provide on-time delivery to customers; the Company’s decision to pursue new products and initiatives to quote and execute manufacturing processes for new business, acquire raw materials, address inflationary pressures, regulatory matters and labor relations; the ability to successfully identify, evaluate and manage potential acquisitions and to benefit from and properly integrate any completed acquisitions; the Company’s financial position or other financial information; inadequate insurance coverage to protect against potential hazards; equipment and machinery failure; product liability and warranty claims; cybersecurity incidents or other similar disruptions; and other risks and uncertainties described in the Company’s filings with the SEC.

COLUMBUS, Ohio, May 14, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that management will participate in the 16th Annual East Coast IDEAS Investor Conference at The Westin New York at Times Square.

The Company will host one-on-one investor meetings throughout the day, with their presentation scheduled for 3:20-3:55 PM ET on June 10th. Eric Palomaki, the Chief Executive Officer, and Alex Panda, the Chief Financial Officer, will attend the conference on behalf of Core Molding Technologies, Inc. The presentation will be webcast live and can be accessed through the investor relations section of Core Molding Technologies at https://coremt.com/investor-relations/events-presentations. A replay will be available shortly after the presentation has concluded. To schedule a one-on-one meeting, please contact the Three Part Advisors conference team at (817) 769-2373 or lwesley@IDEASconferences.com.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. 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”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up, direct long-fiber thermoplastics (“DLFT”) 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. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President & Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

214-616-2207

COLUMBUS, Ohio, July 07, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, and industrial and utility industries across the United States, Canada, and Mexico, today announced the successful amendment and extension of its credit agreement through 2031.

The amended credit facility consists of a $50 million delayed draw term loan and a $50 million revolving credit facility. Borrowings under the facility will bear interest at SOFR plus an applicable margin ranging from 1.50% to 3.75%, based on the Company’s leverage ratio. The facility includes a covenant-light structure that provides increased financial flexibility.

“The successful extension of our credit facility is an important milestone that enhances our ability to execute Core’s long-term growth strategy.” said Eric Palomaki, President and Chief Executive Officer of Core Molding Technologies. “Combined with our strong cash generation and healthy balance sheet, this facility provides additional flexibility to invest in operational excellence, support organic growth initiatives, and pursue value-enhancing acquisitions, while maintaining a prudent capital structure.”

“This amended credit agreement significantly enhances Core’s financial flexibility and further strengthens an already healthy balance sheet.” said Alex Panda, Chief Financial Officer of Core Molding Technologies. “The facility extends our debt maturity profile through 2031, provides a covenant-light framework, and reduces our overall cost of capital. Together, these improvements reinforce our strong balance sheet and ensure we have the liquidity and flexibility necessary to support the Company’s long-term financial objectives. We appreciate the confidence our lending partners have shown in Core and remain focused on creating long-term value for our shareholders.”

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, and industrial and utility industries across the United States, Canada, and Mexico. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. The Company offers customers a wide range of manufacturing processes to fit various program volume and investment requirements. These thermoset processes include compression molding of sheet molding compound (“SMC”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up. The thermoplastic processes include direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding. Core Molding Technologies serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties. These statements often include words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “will”, “should”, “could”, “would”, “project”, “continue”, “likely”, and similar expressions. In particular, this press release may contain forward-looking statements about the Company’s expectations for future periods with respect to its plans to improve financial results, the future of the Company’s end markets. Factors that could cause actual results to differ from those reflected in forward-looking statements relating to our operations and business include: dependence on certain major customers, and potential loss of any major customer due to completion of existing production programs or otherwise; business conditions in the plastics, transportation, power sports, utilities and commercial product industries (including changes in demand for production); the availability and price increases of raw material,; general macroeconomic, social, regulatory and political conditions, including uncertainties surrounding volatility in financial markets; the imposition of new or increased tariffs and the resulting consequences; safety and security conditions in Mexico; costs and other resources related to Core Molding Technologies’ efforts to expand its customer base and grow its business, and provide on-time delivery to customers; ; the Company’s decision to pursue new products and initiatives to quote and execute manufacturing processes for new business, acquire raw materials, address inflationary pressures, regulatory matters and labor relations; the ability to successfully identify, evaluate and manage potential acquisitions and to benefit from and properly integrate any completed acquisitions; the Company’s financial position or other financial information; inadequate insurance coverage to protect against potential hazards; equipment and machinery failure; product liability and warranty claims; cybersecurity incidents or other similar disruptions; and other risks and uncertainties described in the Company’s filings with the SEC. These statements are based on certain assumptions that the Company has made in light of its experience as well as its perspective on historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including those included in the Company’s filings with the SEC. There can be no assurance that statements made in this press release relating to future events will be achieved. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by such cautionary statements.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President & Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

214-616-2207

COLUMBUS, Ohio, July 14, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty trucks, powersports, building products, and industrial and utility industries across North America, today announces that it will release its second quarter fiscal 2026 results on Tuesday, August 4, 2026, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, industrial and utility industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. 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”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up, direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding (“SIM”). Core Molding Technologies serves a wide variety of markets, including medium and heavy-duty trucks, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations.

Company Contact:

Core Molding Technologies, Inc.

Alex Panda

Executive Vice President, Secretary, Treasurer and Chief Financial Officer

apanda@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC

Sandy Martin or Steven Hooser

smartin@threepa.com, shooser@threepa.com

214-616-2207

COLUMBUS, Ohio, Aug. 04, 2026 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, and industrial and utilities industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2026.

Eric Palomaki, the Company’s President and Chief Executive Officer, said, “Our second quarter results reflect the resilience of our diversified portfolio and the continued execution of our Invest for Growth strategy. As expected, production sales in our medium- and heavy-duty truck markets remained soft; however, strong momentum across our powersports, building products, and industrial and utilities end markets mostly offset that weakness. While tooling revenue remains all project-driven with larger customer acceptances anticipated in the fourth quarter, our commercial execution continues to gain traction. We are pleased with the nearly $26 million in new business awards we secured during the first half of 2026, which further diversify our revenue base and reduce our reliance on historically cyclical end markets. Importantly, 100% of these awards represent net new business rather than replacement volume, and approximately 65% originated from markets outside of our traditional truck and powersports sectors. 74% of this new business will be produced within our U.S. manufacturing footprint, allowing us to leverage installed capacity, improve returns on invested capital, drive profitable growth, and generate stronger cash flow. We are also expanding our presence in compelling secular growth markets. During the quarter, we secured a significant award for battery energy storage systems and continue to pursue opportunities tied to accelerating power demand needed for grid reliability which is impacted by AI data center development, utility infrastructure modernization, and load-shedding solutions.

“In parallel with these initiatives, our 2026 Must Win Battle is transforming our operating footprint and strengthening our competitive position in Mexico. This year, we will quadruple our manufacturing footprint in Monterrey, adding two 4500-ton presses in Matamoros, and advancing a culture of operational excellence that continues to deliver measurable results. I am especially proud of our Mexico team, whose execution enabled the successful completion of a major plant relocation and consolidation in less than nine months all while maintaining excellent on time shipping and quality metrics. These investments reflect our disciplined approach to capital allocation and our commitment to organic growth. By expanding capacity, we are building a scalable platform that supports secured and future programs, accelerates profitable growth, and enhances long-term shareholder value.”

Alex Panda, the Company’s EVP and Chief Financial Officer, said, “For the second quarter, total product or production sales declined 1.2% year over year, as strong growth across powersports, building products, and industrial and utilities end markets largely offset lower truck demand. Production sales, excluding the truck end market, increased 20.8% year over year. This quarter, we again delivered a strong profitability as gross margin was 20.3% of sales. For 2026, we continue to expect total net sales in the flat-to-approximately 5% growth range, including production revenue and tooling project revenue. We continue to anticipate a gradual recovery in the truck market during the second half of the year. Our gross margin projections remain in the 17% to 19% range, depending on end market product mix and the split between production revenues and tooling project revenues.

“Our balance sheet remains strong. During the quarter, we repaid the remaining balance on our 2022 Term Loan, and in July 2026, we successfully amended and extended our credit facilities, further strengthening our financial position. The amended credit agreement provides a $50 million revolving credit facility and a $50 million delayed-draw term loan facility, both maturing in July 2031. During the quarter, we also terminated our interest rate swap agreement, generating a small gain and simplifying our capital structure. With ample liquidity, enhanced financial flexibility, and a disciplined approach to capital allocation, we remain well positioned to execute our ‘Invest for Growth’ strategy and support our long-term growth objectives.”

Second Quarter 2026 Highlights

- Total net revenues comprised Production revenues of $60.9 million and Tooling Project revenue of $1.8 million.

- Production revenues declined 1.2% due entirely to the Truck vertical, and excluding Truck, Production revenues were up 20.8% year-over-year.

- Tooling Project revenue of $1.8 million compared to $17.6 million year-over-year is project-based revenue that is necessary ahead of a customer production cycle.

- Gross margin of $12.7 million, or 20.3% of net revenues, compared to 18.1% of net sales in the prior year second quarter. The improvement was primarily the result of a favorable product mix and operating efficiencies, as well as a one-time margin benefit from a customer capacity credit. Excluding the 2026 one-time credit, gross margin was 19.4%.

- Selling, general, and administrative expenses of $10.4 million, or 16.6% of net revenues, compared to $9.1 million, or 11.5% of net revenues in the prior year second quarter.

- Second quarter 2026 SG&A expenses included $1.8 million of non-recurring costs associated with the Mexico expansion and severance costs.

- Operating income of $2.3 million, or 3.7% of net revenues, which includes non-recurring costs above, compared to operating income of $5.2 million, or 6.6% of net revenues for the prior year second quarter.

- Net income of $1.8 million, or $0.21 per diluted share, compared to net income of $4.1 million, or $0.47 per diluted share for the prior year second quarter. Adjusted net income1 of $3.3 million, or $0.39 per diluted share.

- Adjusted EBITDA1 of $7.6 million, or 12.2% of net revenues, compared to $9.5 million, or 12.0% for the prior year second quarter.

Six-Month 2026 Highlights

- Total net revenues comprised Production revenue of $118.4 million and Tooling Project revenue of $3.0 million.

- Production revenues declined 3.5% due entirely to the Truck vertical, and excluding Truck, Production revenues were up 20.7% year-over-year.

- Tooling Project revenue of $3.0 million compared to $18.0 million year-over-year is project-based revenue that is necessary ahead of a customer production cycle.

- Gross margin of $24.7 million, or 20.4% of net revenues, compared to 18.5% of net revenues in the prior year six-month period.

- Selling, general, and administrative expenses of $21.6 million, or 17.8% of net revenues, compared to $18.0 million, or 12.8% of net revenues.

- 2026 six month period SG&A expenses included $4.8 million of non-recurring costs associated with the Mexico expansion and severance costs.

- Operating income of $3.1 million, or 2.5% of net revenues, which includes non-recurring costs above, compared to operating income of $8.1 million, or 5.7% of net revenues for the prior year six-month period.

- Net income of $2.4 million, or $0.27 per diluted share, compared to net income of $6.2 million, or $0.72 per diluted share for the prior year six-month period. Adjusted net income1 of $6.5 million, or $0.74 per diluted share.

- Adjusted EBITDA1 of $15.0 million, or 12.3% of net revenue, compared to $16.7 million, or 11.9% for the prior year six-month period.

- 24,545 shares repurchased under the share repurchase authorization at an average price of $18.62, totaling $457,000.

1Adjusted Net Income and Adjusted EBITDA are non-GAAP financial measures as defined and reconciled

2026 Capital Expenditures

The Company’s capital expenditures for the first six months of 2026 were $12.1 million, including $9.6 million related to the Company’s Mexico expansion project. For the full year 2026, the Company expects capital spending of approximately $25 to $30 million, including $18 million to $20 million allocated to the Mexico expansion. The Company generated a Return on Capital Employed1 of 5.7% for the trailing twelve months and 6.2% excluding cash.

Financial Position at June 30, 2026

The Company’s cash at June 30, 2026, was $12.1 million. As of June 30, 2026, the Company repaid in full the outstanding balance of the Huntington Term Loan.

Subsequent to the quarter, on July 2, 2026, the Company entered into the third amendment of its 2022 Credit Agreement. This amendment refinanced the Company’s existing term loan and credit facilities. The Company has secured credit facilities in an aggregate principal amount of $100 million, consisting of a $50 million revolving credit facility and a $50 million delayed draw term loan facility at favorable rates compared to the 2022 Credit Agreement. As of June 30, 2026, the Company repaid in full the outstanding Term Loan balance from the 2022 Credit Agreement.

Conference Call

The Company will conduct a conference call today at 10:00 a.m. Eastern Time to discuss financial and operating results for the periods ended June 30, 2026. To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time. A telephonic replay will be available through August 11, 2026, by calling (855) 669-9658 and using passcode ID: 6843258#. A webcast of the call will also be available live and for later replay on the Company’s Investor Relations website at www.coremt.com/investor-relations/events-presentations/.

About Core Molding Technologies, Inc.