Park Aerospace Corp.

Project facts

Decision / announcement date

2026-07-21

Date precision

day

Sector

Aerospace & defense

Facility action

New facility

Facility type

Composites manufacturing plant

Project status

Announced

Project / facility

New advanced composite materials manufacturing facility (~18 acres, North Development Area)

Figures & qualifications

Capital category

Committed

Capital scope

site

Jobs classification

New/Direct

Jobs basis

Release: 'expected to employ over 100 people' (floor; at the line, not relied on for qualification).

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

Park Aerospace plans to invest about $65 million in a new composites plant at Tulsa International Airport.