SerpApi.Org
Tulsa International Airport is adding another major aerospace manufacturer after Park Aerospace Corp. announced plans to build a new advanced composites manufacturing facility at the airport's North Development Area.
The company plans to invest approximately $65 million in the project, which was announced in partnership with the State of Oklahoma during the Farnborough International Airshow in Hampshire, England. Construction is expected to begin soon, with the facility scheduled for completion in 2028.
$65 million: Planned investment
Park Aerospace plans to invest about $65 million to construct the advanced composite materials manufacturing facility at Tulsa International Airport.
The investment marks another significant aerospace expansion for Tulsa and reinforces the airport's role as a growing hub for aviation manufacturing.
18 acres: New manufacturing site
The facility will be built on an 18-acre site in the airport's North Development Area.
The location is part of the airport's ongoing efforts to attract aerospace and advanced manufacturing companies seeking room for future growth.
More than 100 jobs: Expected workforce
Once the facility becomes operational, Park Aerospace expects to employ more than 100 people.
The expansion adds to Tulsa's growing aerospace workforce, supported by aviation and aerospace education programs at local high schools, career technology centers and colleges that help prepare skilled workers for the industry.
2028: Target completion date
Construction is expected to begin soon, with the manufacturing facility anticipated to open in 2028.
Once completed, the plant will manufacture advanced composite materials used in commercial aerospace and defense applications.
More than 70 years: Company history
Park Aerospace has operated for more than 70 years and has served the aerospace industry for more than 50 years.
Its composite materials are used in commercial aircraft and defense platforms around the world.
More than 700 acres: Room for future growth
Tulsa International Airport has more than 700 acres available for future aerospace and industrial development.
Airport leaders say the available land, combined with Tulsa's long history in aviation, central location and established aerospace ecosystem, positions the airport to attract additional manufacturers and suppliers in the years ahead.
What's next
Construction is expected to begin soon on the new facility. When completed in 2028, the project is expected to strengthen Oklahoma's aerospace industry, create new manufacturing jobs and support continued development at Tulsa International Airport.
