Welcome to our dedicated page for Park Aerospace news (Ticker: PKE), a resource for investors and traders seeking the latest updates and insights on Park Aerospace stock.
Park Aerospace Corp (NYSE: PKE) delivers innovative composite solutions for aerospace applications through advanced material science and precision engineering. This news hub provides investors and industry professionals with comprehensive coverage of corporate developments, financial updates, and technological advancements.
Access real-time press releases covering earnings announcements, product innovations, and strategic partnerships. Our curated collection includes regulatory filings, leadership updates, and operational milestones impacting PKE's position in aerospace composites. Bookmark this page for verified updates about manufacturing expansions, R&D breakthroughs, and supply chain developments.
Key focus areas include advanced composite material formulations, prototype tooling advancements, and international market expansions. All content undergoes strict verification to ensure accuracy and relevance for investment research and industry analysis. Return regularly for authoritative updates on PKE's contributions to next-generation aerospace manufacturing technologies.
On May 22, 2024, Park Aerospace Corp. (NYSE: PKE) announced that its Newton, Kansas manufacturing facilities sustained structural damage due to a storm on May 19, 2024.
No manufacturing lines or equipment were damaged, but the roofs of all three buildings likely need replacement, and multiple specialty HVAC units were damaged or destroyed. The company is assessing the damage and working with contractors for repairs.
Temporary measures will bring the manufacturing lines back online within weeks, but permanent repairs will take months. The company expects a shift in sales from FY2025 Q1 to FY2025 Q2 but does not anticipate losing business. Further details may be provided during the FY2024 Q4 investor call.
Importantly, no employees or their families were injured.
FAQ
What is the current stock price of Park Aerospace (PKE)?
What is the market cap of Park Aerospace (PKE)?
