8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 26, 2008

PARK ELECTROCHEMICAL CORP.
(Exact Name of Registrant as Specified in Charter)
New York		1-4415	11-1734643
(State or Other Jurisdiction of Incorporation)		(Commission File Number)	(IRS Employer Identification No.)
48 South Service Road, Melville,		New York	11747
(Address of Principal Executive Offices)		(Zip Code)
	Registrant’s telephone number, including area code		(631) 465-3600
Not Applicable
Former Name or Former Address, if Changed Since Last Report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[     ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[     ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[     ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[     ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02	Results of Operations and Financial Condition.
Park Electrochemical Corp. (the “Company”) issued a news release on June 26, 2008 reporting its results of operations for its 2009 fiscal year first quarter ended June 1, 2008. The Company is furnishing the news release to the Securities and Exchange Commission pursuant to Item 2.02 of Form 8-K as Exhibit 99.1 hereto.

Item 9.01	Financial Statements and Exhibits.
(c)	Exhibits.
	99.1 News Release dated June 26, 2008

-2-

SIGNATURE

           Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PARK ELECTROCHEMICAL CORP.
Date:   June 26, 2008	By:	/s/ P. Matthew Farabaugh
	Name:	P. Matthew Farabaugh
	Title:	Vice President and Controller

-3-

EXHIBIT INDEX

Number Exhibit	Description	Page
99.1	News Release dated June 26, 2008	5

-4-

EX-99.1 CHARTER

Exhibit 99.1

	NEWS RELEASE
Contact: Donna D’Amico	48 South Service Road
	Melville, NY 11747
	(631) 465-3600

PARK ELECTROCHEMICAL REPORTS FIRST QUARTER RESULTS

Melville, New York, June 26, 2008......Park Electrochemical Corp. (NYSE-PKE) reported sales of $59,800,000 for its 2009 fiscal year first quarter ended June 1, 2008 compared to sales of $57,077,000 for the first quarter of last year.

Park reported net earnings of $7,557,000 for the first quarter ended June 1, 2008 compared to net earnings of $7,411,000 for last year’s first quarter. Park’s basic and diluted earnings per share were $0.37 for both the first quarter ended June 1, 2008 and last year’s first quarter.

The Company will conduct a conference call to discuss its financial results at 11:00 a.m. EDT today. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (866) 393-8397 and the required passcode is 53232503.

For those unable to listen to the call live, a conference call replay will be available from approximately 2:00 p.m. EDT today through 11:59 p.m. EDT on Monday, June 30, 2008. The conference call replay can be accessed by dialing (800) 642-1687 and entering passcode 53232503 or on the Company’s web site at www.parkelectro.com/investor/investor.html.

Any additional material financial or statistical data disclosed in the conference call will also be available at the time of the conference call on the Company’s web site at www.parkelectro.com/investor/investor.html.

Park Electrochemical Corp. is a global advanced materials company which develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure and high-end computing markets and advanced composite materials, structures and components principally for the aerospace markets. Park’s core capabilities are in the areas of polymer chemistry formulation, coating technology and advanced composite structures and component design and fabrication. The Company’s manufacturing facilities are located in Singapore, China, France, Connecticut, New York, Kansas (under construction), Arizona, California and Washington.

Additional corporate information is available on the Company’s web site at www.parkelectro.com.

# # # # #

-5-

The performance table (in thousands, except per share amounts–unaudited):

	13 Weeks Ended
	6/1/08	5/27/07
Sales	$59,800	$57,077
Net Earnings	$7,557	$7,411
Basic and Diluted Earnings Per Share:	$0.37	$0.37
Weighted Average Shares Outstanding:
Basic	20,366	20,206
Diluted	20,430	20,235

The comparative balance sheets (in thousands):

	6/1/08 (unaudited)			3/2/08
Assets
Current Assets
Cash and Marketable Securities		$	214,308	$	213,978
Accounts Receivable, Net			37,105		37,466
Inventories			15,275		14,049
Other Current Assets			5,423		5,546
Total Current Assets			272,111		271,039
Fixed Assets, Net			50,536		47,188
Other Assets			12,347		9,180
Total Assets		$	334,994	$	327,407
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts Payable		$	12,909	$	12,828
Accrued Liabilities			13,470		13,314
Income Taxes Payable			5,855		5,837
Total Current Liabilities			32,234		31,979
Deferred Income Taxes			4,851		4,851
Other Liabilities			4,132		4,224
Liabilities from Discontinued Operations			17,181		17,181
Total Liabilities			58,398		58,235
Stockholders’ Equity			276,596		269,172
Total Liabilities and Stockholders’ Equity		$	334,994	$	327,407
Equity Per Share		$	13.53	$	13.23

# # # # #

-6-

Detailed operating information (in thousands - unaudited):

	13 Weeks Ended
	6/1/08	5/27/07
Net Sales	$59,800	$57,077
Cost of Sales	45,227	42,968
%	75.6%	75.3%
Gross Profit	14,573	14,109
%	24.4%	24.7%
Selling, General and Administrative Expenses	6,334	6,572
%	10.6%	11.5%
Earnings from Operations	8,239	7,537
%	13.8%	13.2%
Other Income	1,672	2,311
%	2.8%	4.1%
Earnings before Income Taxes	9,911	9,848
%	16.6%	17.3%
Income Tax Provision	2,354	2,437
Effective Tax Rate	23.8%	24.7%
Net Earnings	7,557	7,411
%	12.6%	13.0%

# # # # #

-7-