Park Aerospace Corp. Invests $65M in Oklahoma Manufacturing Facility

Park Aerospace Corp., a manufacturer of composite materials and engineered structures for the aerospace industry, announced plans to invest $65 million in a new manufacturing facility at Tulsa International Airport in Oklahoma.

The facility will be built on 18 acres in the airport’s North Development Area, with construction expected to begin soon and its completion anticipated for 2028. “This investment is another powerful example of Oklahoma’s aerospace industry continuing to grow and compete on a global stage,” said Oklahoma Governor Kevin Stitt. “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.”

Park Aerospace joins a growing list of aerospace companies investing in Tulsa International Airport’s aerospace campus. This year alone, the airport welcomed major investments from Agile Space Industries’ propulsion testing and manufacturing expansion, Quantum Space’s new spacecraft manufacturing facility, and continued growth by long-time tenant Lufthansa Technik Component Services.