Park Aerospace invests $65 million to expand advanced composite materials manufacturing facility in Oklahoma
Park Aerospace has announced plans to construct an advanced composite materials manufacturing facility in Tulsa, Oklahoma. The company, which produces advanced composite materials for commercial aerospace and defense applications, will invest approximately $65 million into the project and create more than 100 new jobs.
The manufacturing facility will be built on 18 acres in the North Development Area at Tulsa International Airport. Construction is expected to begin soon, with completion anticipated in 2028. Once operational, the facility will manufacture advanced composite materials used in aerospace applications.
What people are saying
In a recent quote, Brian Shore, Chairman and CEO, Park Aerospace Corp., said, “Thank you, Oklahoma, thank you, Tulsa, and thank you, Tulsa International Airport, for welcoming Park Aerospace to your state, your community and your wonderful airport. And thank you for offering us such a special site at the Tulsa International Airport. It will be a privilege to join the wonderful Tulsa community.”
Kevin Stitt, Governor of Oklahoma, added, “This investment is another powerful example of Oklahoma’s aerospace industry continuing to grow and compete on a global stage. Park Aerospace’s decision to expand in Tulsa reflects the strength of our workforce, our pro-business environment and the momentum we’re building as a destination for advanced aerospace manufacturing.”
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