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Business

Melville company worried over Japan

Brian Shore

Brian Shore

The Melville-based electronic composites maker Park Electrochemical Corp. said Tuesday that it is uncertain whether its raw material supplies from Japan will falter amid disturbances caused by the earthquake and tsunami.

Park said “a significant amount of the raw materials used to produce its products are sourced from suppliers and manufacturers based in Japan,” and it has been difficult to get reliable information on their status.

“The Company continues to investigate and evaluate the status and condition of its suppliers in Japan and to assess the potential impact to Park of the earthquake and tsunami,” the company said.

In a prepared statement, Brian Shore, Park’s president and chief executive, said, “Park has many dear friends in Japan and is very connected emotionally and psychologically to Japan and its people. We send our condolences, good wishes and prayers to the people of Japan.”
The Company also reported that it is donating $250,000 to The Japanese Red Cross Society.

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