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Profile: Park Electrochemical Corp (PKE)

PKE on New York Consolidated

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5 Dec 2017
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Park Electrochemical Corp., incorporated on March 31, 1954, is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Company operates through integrated business units in Asia, Europe and North America. The Company's manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains research and development facilities in Arizona, Kansas and Singapore. The Company's foreign operations are conducted principally by the Company's subsidiaries in Singapore and France.

Printed Circuit Materials

The Company is a global designer and manufacturer of advanced printed circuit materials used to fabricate complex multilayer printed circuit boards and other electronic interconnection systems, such as multilayer back-planes, wireless packages, high-speed/low-loss multilayers and high density interconnects (HDIs). The Company's multilayer printed circuit materials consist of copper-clad laminates and prepregs. The Company's customers include independent printed circuit board fabricators, electronic manufacturing service companies, electronic contract manufacturers and electronic original equipment manufacturers (OEMs) in the computer, networking, telecommunications, and wireless communications, aerospace, military, instrumentation and automotive industries located throughout North America, Europe and Asia. The Company's RF/microwave printed circuit materials are used primarily for military avionics, antennas for cellular telephone base stations, automotive adaptive cruise control systems and avionic communications equipment. The Company's printed circuit materials consist of high-speed, low-loss Cathodic Anodic Filament (CAF) resistant materials for digital and RF/microwave applications requiring lead-free compatibility and high bandwidth signal integrity, polyimides for applications, cyanate esters, quartz reinforced materials, and polytetrafluoroethylene (PTFE) and modified epoxy materials for RF/microwave systems that operate at frequencies of approximately 80 gigahertz.

Advanced Composite Materials, Parts and Assemblies

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

The advanced composite materials products manufactured by the Company are primarily thermoset curing prepregs. The Company's advanced 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 fabrics, such as Raycarb C2, a carbonized rayon fabric used mainly 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's advanced composite materials, parts and assemblies customers include manufacturers in the aerospace, fixed and rotary wing aircraft, rocket motor, electronics, RF and specialty industrial markets. The Company's aerospace customers include fabricators of aircraft composite parts and assemblies. The Company's advanced composite materials are used by such fabricators and by the Company to produce primary and secondary structures, aircraft interiors and various other aircraft components. The Company's customers fabricate rocket motors for heavy lift space launchers, strategic defense weapons, tactical motors and various other applications. The Company also sells composite materials for use in RF electrical applications.

Company Address

Park Electrochemical Corp

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

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