The recently completed facility, which was designed to develop and produce advanced composite materials for the aircraft and space vehicle industries, contains approximately 52,000 square feet of manufacturing, laboratory and office space and cost approximately $15 million to construct and fully equip. Park Electrochemical plans to expand the facility in order to manufacture composite parts and assemblies for the aircraft and space vehicle industries.

This expansion, which will include approximately 42,000 square feet of manufacturing, office and storage space, is expected to cost approximately $5 million and to be complete and operational by September 2010, according to the company.

The expansion will include both oven and autoclave composite parts curing equipment and capability. When the expansion is complete, the company’s objective is for Park Aircraft Technologies to offer composite aircraft and space vehicle parts design and assembly services, in addition to “build-to-print” services.