Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 6, 2009, the independent members of the Board of Directors (the "Board") of Core Molding Technologies, Inc. accepted and approved the continuation of a voluntary 15% temporary reduction in the annual base salary in effect for the Company's named executive officers as of January 1, 2009, with such temporary reduction to continue from July 1, 2009 through September 30, 2009.

The temporary reduction in the annual base salaries of the Company's named executive officers was once again suggested by those officers in light of the ongoing economic conditions. The Board likewise agreed to reduce the quarterly board fees paid to non-employee directors. These temporary reductions in annual base salary and board fees will remain in place until the end of the third quarter of 2009 (ending September 30) and will thereafter revert to their previously approved levels unless further action is taken.

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