United States

Profile: Park Aerospace Corp (PKE)

PKE on New York Consolidated

16 Aug 2019
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$0.43 (+2.53%)
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Park Aerospace Corp., formerly Park Electrochemical Corp., incorporated on March 31, 1954, is an aerospace company. The Company develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. The Company’s advanced composite materials include film adhesives (undergoing qualification) and lightning strike materials. It offers an array of composite materials designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Its advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles, business jets, general aviation aircraft and rotary wing aircraft. It also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. The Company designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. The Company's manufacturing and research and development facilities are located in Kansas. The Company also maintains facilities in California and Singapore.

The Company designs, develops and manufactures engineered, advanced composite materials and advanced composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. The Company’s aerospace composite materials are designed, developed and manufactured by the Company’s Park Aerospace Technologies Corp. (PATC) business unit located at the Newton, Kansas Airport. The Company’s aerospace composite structures and assemblies and low-volume tooling are also developed and manufactured by the Company’s PATC business unit. PATC offers a range of aerospace composite materials manufacturing capability, as well as composite structures design, assembly and production capability, all in its Newton facility. PATC offers composite aircraft and space vehicle structures design and assembly services, in addition to build-to-print services.

The aerospace composite materials products manufactured by the Company are primarily thermoset curing prepregs. The Company has developed resin formulations to suit the needs of the markets in which it participates by analyzing the needs of the markets and working with its customers. The Company's aerospace composite materials products include prepregs manufactured using modified epoxies, phenolics, polyesters, cyanate esters and polyimides combined with woven, non-woven and unidirectional reinforcements. The Company also sells certain specialty prepregs with carbonized rayon fabric reinforcements that are used in the rocket motor industry. The Company's composite parts and assemblies are manufactured with carbon, fiberglass and other reinforcements impregnated with formulated resins. The Company also provides low-volume tooling in connection with its manufacture and sale of composite structures and assemblies.

Company Address

Park Aerospace Corp

48 S Service Rd Ste 300
MELVILLE   NY   11747-2335
P: +1631.4653600
F: +1631.4653100

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