Newton, Kansas – Park Aerospace Corp. (NYSE-PKE), a leading developer and manufacturer of advanced composite materials for the aerospace industry, is proud to commemorate the 40th anniversary of its listing on the New York Stock Exchange (NYSE).
On April 25, 1984, Park Aerospace Corp. debuted on the NYSE under the ticker symbol PKE. Since then, the company’s shares have been actively traded, gaining recognition as a key player in the global aerospace markets. During its first day on the NYSE, 3,300 shares of Park’s Common Stock were traded, marking the beginning of a successful journey.
Prior to its listing on the NYSE, Park Aerospace Corp. was listed on the American Stock Exchange, starting on November 17, 1960, which marked the company’s initial foray into the public market. The transition to the NYSE was a significant milestone, solidifying Park’s position as a major player in the industry.
Brian Shore, Chairman and CEO of Park Aerospace Corp., expressed gratitude towards the NYSE, stating, “We are honored to have traded on the New York Stock Exchange for the past 40 years. The NYSE is renowned worldwide as a premier securities exchange, and we are grateful for their support and friendship throughout the years. Thank you, New York Stock Exchange.”
With a focus on developing and manufacturing advanced composite materials, Park Aerospace Corp. plays a vital role in the production of composite structures utilized in a wide range of aerospace applications. Their portfolio includes film adhesives, lightning strike protection materials, and an array of composite materials tailored for different manufacturing techniques.
Park’s advanced composite materials find application in the production of primary and secondary structures for jet engines, aircraft, military vehicles, drones, and more. Additionally, the company offers specialty ablative materials for rocket motors and nozzles, as well as materials specifically designed for radome applications.
Embracing challenges and pioneering new solutions, Park Aerospace Corp. aims to fill the gaps in the aerospace industry. Their commitment to tackling difficult, small, and unconventional projects sets them apart from competitors.
For more information about Park Aerospace Corp. and their innovative composite materials, please visit their official website at www.parkaerospace.com.
Contact:
Donna D’Amico-Annitto
486 North Oliver Road, Bldg. Z
Newton, Kansas 67114
(316) 283-6500
Park Aerospace Corp. is a leading developer and manufacturer of advanced composite materials for the aerospace industry. The company recently celebrated its 40th anniversary of trading on the New York Stock Exchange (NYSE) under the ticker symbol PKE. Park Aerospace Corp.’s shares have been actively traded and the company has gained recognition as a key player in the global aerospace market.
Before listing on the NYSE, Park Aerospace Corp. was listed on the American Stock Exchange starting on November 17, 1960. The transition to the NYSE was a significant milestone for the company, solidifying its position as a major player in the industry.
Park Aerospace Corp. focuses on developing and manufacturing advanced composite materials for a wide range of aerospace applications. Their portfolio includes film adhesives, lightning strike protection materials, and various composite materials tailored for different manufacturing techniques.
These advanced composite materials are utilized in the production of primary and secondary structures for jet engines, aircraft, military vehicles, drones, and more. The company also offers specialty ablative materials for rocket motors and nozzles, as well as materials specifically designed for radome applications.
Some of the key challenges and controversies associated with Park Aerospace Corp. include the need for continuous innovation and development of new materials to meet the evolving demands of the aerospace industry. Additionally, the company may face competition from other manufacturers in the market.
In terms of market trends, the aerospace industry is experiencing significant growth driven by increasing air travel demand and the need for fuel-efficient and lightweight aircraft. This presents opportunities for Park Aerospace Corp. to expand its market share and offer innovative composite materials to meet these industry trends.
Forecasting the future, Park Aerospace Corp. has the potential to capitalize on the growing aerospace industry and continue its success as a leading developer and manufacturer of advanced composite materials. However, the company should remain vigilant in adapting to market demands and staying ahead of emerging technologies.
For more information about Park Aerospace Corp. and their innovative composite materials, you can visit their official website at www.parkaerospace.com.