Park Aerospace Corp. qualifies major expansion of Newton, Kansas facilities

Park Aerospace Corp. announced that its largest customer approved and qualified the company's major expansion of its Newton, Kansas facilities for production. The expansion, costing approximately $20 million, doubled the facility size to about 90,000 square feet, and first production run occurred on April 19, 2023.

“Park Aerospace Corp. announced that, on April 5, 2023, the Company’s largest customer qualified and fully approved the Company’s major expansion of its Newton, Kansas facilities for production on all of the customer’s aircraft programs.”parkaerospace.com

• 2 sources
• parkaerospace.comPARK AEROSPACE CORP. ANNOUNCES ITS LARGEST CUSTOMER HAS APPROVED AND QUALIFIED THE COMPANY’S MAJOR EXPANSION FOR PRODUCTION - Park Aerospace Corp.Martina BarkochvaApr 24, 2023
• compositesworld.comPark Aerospace is approved, qualified for facility production expansion | CompositesWorldGrace StubbinsMay 19, 2023

Summarized from public sources; check the original articles before acting on it.