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EX-99.1 - EXHIBIT - CORE MOLDING TECHNOLOGIES INCexhibit991pressreleasenavi.htm


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
 
Date of Report (Date of Earliest Event Reported):
 
August 4, 2014

CORE MOLDING TECHNOLOGIES, INC.
__________________________________________
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
001-12505
31-1481870
_____________________
 (State or other jurisdiction
_____________
 (Commission
______________
 (I.R.S. Employer
of incorporation)
File Number)
Identification No.)
  
 
 
800 MANOR PARK DRIVE, COLUMBUS, Ohio
 
43228-0183
_________________________________
 (Address of principal executive offices)
 
___________
 (Zip Code)
 
 
 
Registrant’s telephone number, including area code:
 
614-870-5000
Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 1.01 Entry into a Material Definitive Agreement.

On August 4, 2014, Core Molding Technologies, Inc. (the "Company") and Core Composites Corporation, its wholly-owned subsidiary (together, with the Company, collectively referred to herein as the "Core"), entered into a new supply agreement (the "Supply Agreement") with Navistar, Inc. ("Navistar"). Under the terms of the supply agreement, Navistar will continue to purchase its original equipment and service requirement for specified fiberglass reinforced products and sheet molding compound from Core. The Supply Agreement has a retro-active effective date back to November 1, 2013 and unless extended by the parties will expire on October 31, 2018.

A copy of the press release issued by the Company announcing the entry into the Supply Agreement is attached as Exhibit 99.1 to this report.

Navistar is the Company's largest customer and accounted for approximately 33% of Company’s 2013 total revenue.

The Company intends to seek confidential treatment of certain terms contained in the Supply Agreement, which will be filed as an exhibit to the Company’s quarterly report on Form 10-Q for the nine months ended September 30, 2014.




Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1

Press release announcing new Navistar Supply Agreement












SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
 
CORE MOLDING TECHNOLOGIES, INC.
  
 
 
 
 
August 8, 2014
 
By:
 
/s/ John P. Zimmer
 
 
 
 



 
 
 
 
Name: John P. Zimmer
 
 
 
 
Title: Vice President, Secretary, Treasurer and Chief Financial Officer









Exhibit Index
 
 
 
Exhibit No.
 
Description



 



99.1
 
Press release announcing new Navistar Supply Agreement