Core Molding Technologies enters new supply deal with Navistar

Truck manufacturer Navistar will continue to purchase its original equipment and service requirements for fiberglass-reinforced products from Core Molding Technologies through October 2018.

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Core Molding Technologies Inc. (Columbus, Ohio, USA) announced on Aug. 8 that it has entered into a new multi-year supply agreement with Navistar Inc. (Lisle, Ill., USA). Under the terms of the supply agreement, Navistar will continue to purchase its original equipment and service requirements for specified fiberglass-reinforced products from Core Molding Technologies through Oct. 31, 2018.

Navistar is Core Molding Technologies' largest customer and accounted for approximately 33 percent of the company's 2013 total revenue.

Core Molding Technologies Inc. is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. Core specializes in large-format moldings and offers a wide range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics (GMT) and bulk molding compounds (BMC); spray-up, lay-up, resin transfer (RTM) and vacuum resin transfer molding (V-RTM). Additionally, the company offers liquid molding of dicyclopentadiene (DCPD). 

Navistar International Corp. is a holding company whose subsidiaries and affiliates produce International brand commercial and military trucks, MaxxForce brand diesel engines, and IC Bus brand school and commercial buses.