Core molding technologies, inc. announces unaudited consolidated goodwill impairment for the three months ended september 30, 2019; provides sales and production guidance for the fourth quarter of 2019

Core molding technologies, inc. announced unaudited consolidated goodwill impairment for the three months ended september 30, 2019. for the quarter, the company reported goodwill impairment of $4,100,000. based on industry analysts' projections and customer forecasts, the company expects sales levels for the fourth quarter of 2019 to soften due to decreased demand from truck customers. act research is forecasting fourth quarter of 2019 heavy-duty truck production to decrease approximately 19% compared to the third quarter of 2019.
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