Park Electrochemical Corp. announced the change of the name of its advanced composite materials (ACM) business from FiberCote Industries Inc. to Nelcote Inc. Consistent with this name change, Park's advanced composite materials product line will now be sold under the Nelcote™ trade name.
"We chose the new Nelcote name to signify the unification of the Park Electrochemical Advanced Materials businesses and product lines under the Nelco®, Neltec® and now Nelcote names," said Brian Shore, Park's president and CEO. "This name change is also intended to signify that we are placing the full weight of Park Electrochemical Corp. and its resources into the development of our Nelcote advanced composite materials product line and business principally for aerospace applications. Our Nelcote product line and business are now central and integral parts of our global advanced material business."