Park Aerospace Corp. was founded in 1954. The Company is an aerospace company that develops and manufactures advanced solution-type and hot-melt composite materials for the production of composite structures for the global aerospace market, including adhesive films and lightning protection materials. The company's advanced composite materials are used in the production of primary and secondary load-bearing structures for jet engines, transport aircraft, military aircraft, unmanned aerial vehicles, business jets, general aviation aircraft and rotorcraft. The company also designs and manufactures composite parts, structures and components and low-volume tooling for the aerospace industry. The company's manufacturing and research and development facilities are located in Newton, Kansas.