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PPARK AEROSPACE CORP

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PARK AEROSPACE CORP

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Company history

Park Electrochemical Corp was founded in 1954 by Jerry Shore and Tony Chiesa.

In 1957 Park developed epoxy-glass copper-clad laminates for use in making printed circuit boards.

During the 1960s and 70s, the company invented a multilayer laminate printed circuit materials system. It also opened two more Nelco materials subsidiaries.

During the 1980s and 90s, the company extended its product lines to vacuum lamination, multilayer facility and RF/Microwave. It also enlarged its product markets, established subsidiaries in many countries, such as FiberCote Industries, Inc. and Park Advanced Composite Materials, Inc.

From 2000, Park completed a series of global acquisitions and expansions and entered the aerospace market. It sold its Nelco Technology Inc. and acquired Nova Composites, Inc. In 2003, Park and Snecma Propulsion Systems signed an agreement to let Park market SPS’s Raycarb C2 carbonized rayon fabric to manufacturers of rocket motors.

In February, 2013, Isola USA Corp and Park settled a patents dispute over Styrene Maleic Anhydride (SMA) in laminates. Both companies agreed to dismiss a 2012 patent infringement lawsuit filed against Park by Isola. Park agreed to refrain from challenging the validity or enforceability of any of Isola’s SMA patents.

In July of 2026, Park announced a new composites manufacturing facility at Tulsa International Airport. The $65 million, 18-acre installation is expected to be completed in 2028.

Source: Wikipedia
  • Overview
  • Financial statements
  • Metrics
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions