Core Materials Corporation Announces Key Management Change

13 June 2000

Core Materials Corporation announced a key management change. Kenneth M. Schmell, executive vice president and chief operating officer, tendered his resignation from Core Materials to pursue other opportunities. His resignation is effective immediately. James L. Simonton, president and chief executive officer, will assume the additional responsibilities of chief operating officer. Going forward, Simonton said, "management will continue to focus significant efforts on operational excellence, new customer integration and the execution of our strategic plan." Core Materials Corporation is a compounder and compression molder of sheet molding composites (SMC). The company produces high-quality fiberglass reinforced molded products and SMC materials for varied markets, including transportation, marine, agricultural and commercial and industrial products. Core Materials, with its headquarters in Columbus, Ohio, operates plants in Columbus and Gaffney, South Carolina.

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