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<p align="center"><font face="Times New Roman" size="5"><b>UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br></b></font>
<font size="3"><b>WASHINGTON, D.C. 20549</b></font></p>
<p align="center"><font face="Times New Roman" size="5"><b>FORM 8-K</b></font></p>
<p align="center"><font face="Times New Roman" size="2"><b>CURRENT REPORT<br>Pursuant to Section 13 or 15(d) of the<br>
Securities Exchange Act of 1934</b></font></p>
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<td valign="bottom" align="left"><font face="Times New Roman" size="2"><b>Date of report (Date of earliest event reported):</b></font></td>
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<td valign="bottom" align="right"><font face="Times New Roman" size="2"><b>February 6, 2008</b></font></td>
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<td colspan="6" valign="bottom" align="center"><font face="Times New Roman" size="2"><b>PARK ELECTROCHEMICAL CORP.<br><hr noshade size="1" color="#000000">(Exact Name of Registrant as Specified in Charter)</b></font></td>
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<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>New York
</b></font></td>
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<td><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>1-4415
</b></font></td>
<td><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>11-1734643
</b></font></td>
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<td colspan="6" valign="bottom" align="left"><font face="Times New Roman" size="2"><hr noshade size="1" color="#000000" align="right"></font></td>
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<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(State or Other Jurisdiction of Incorporation)</b></font></td>
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<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(Commission File Number)</b></font></td>
<td><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(IRS Employer Identification No.)</b></font></td>
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<td valign="bottom" align="left"><font face="Times New Roman" size="2"><b>48 South Service Road, Melville,</b></font></td>
<td><font face="Times New Roman" size="2">&#160;</font></td>
<td><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="bottom" align="left"><font face="Times New Roman" size="2"><b>New York
</b></font></td>
<td><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>11747</b>
</font></td>
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<td colspan="6" valign="bottom" align="left"><hr noshade size="1" color="#000000"></td>
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<td colspan="4" valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(Address of Principal Executive Offices)</b></font></td>
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<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(Zip Code)
</b></font></td>
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<td valign="bottom" align="left"><font face="Times New Roman" size="2"><b>Registrant&#146;s telephone number, including area code</b></font></td>
<td valign="bottom" align="left">&#160;</td>
<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b>(631) 465-3600</b></font></td>
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<td valign="bottom" align="left">&#160;</td>
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<td valign="bottom" align="left"><font face="Times New Roman" size="2"><hr noshade size="1" color="#000000" align="right"></font></td>
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<td valign="bottom" align="center"><font face="Times New Roman" size="2"><b> Not Applicable<br><hr noshade size="1" color="#000000">Former Name or Former Address, if Changed Since Last Report</b></font>
</td>
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<p align="justify"><font face="Times New Roman" size="2"><b>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:</b></font></p>
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<td width="3%" valign="top" align="left"><font face="Times New Roman" size="2"><b>[&#160;&#160;]</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</b></font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2"><b>[&#160;&#160;]</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</b></font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2"><b>[&#160;&#160;]</b></font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</b></font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2"><b>[&#160;&#160;]</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</b></font></td>
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<td width="8%" valign="top" align="left"><font face="Times New Roman" size="2"><b><u>Item 3.01.</u></b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b><u>Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</u></b></font></td>
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<p><font face="Times New Roman" size="2"></font></p>
<p align="justify">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font face="Times New Roman" size="2"><b>(a).&#160;&#160;&#160;&#160;&#160;As previously reported, Mr. Anthony Chiesa, a director of Park Electrochemical Corp. (the &#147;Company&#148;), died on January 30, 2008. Mr. Chiesa had been a member of the audit committee of the Board of Directors of the Company with Messrs. Lloyd Frank and Steven T. Warshaw. As a result of Mr. Chiesa&#146;s death, the Company is not in compliance with the requirement of Section 303A.07(a) of the New York Stock Exchange (&#147;NYSE&#148;) Listed Company Manual that audit committees have a minimum of three members.  On February 6, 2008, the Company received a notice from the NYSE with respect to this deficiency. The Company&#146;s Board of Directors will, in due course, add to the membership of the audit committee to replace Mr. Chiesa and comply with the requirement of Section 303A.07(a) of the NYSE Listed Company Manual.</b></font></p>
<div align="center"><font face="Sans-Serif" size="2">2</font></div>
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<p align="center"><font face="Times New Roman" size="2"><b><u>SIGNATURE</u></b></font></p>
<p align="justify">&#160;&#160;&#160;&#160;&#160;<font face="Times New Roman" size="2"><b>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.
</b></font></p>

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<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td colspan="2" valign="top" align="left"><font face="Times New Roman" size="2"><b>PARK ELECTROCHEMICAL CORP.</b></font></td>
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<td colspan="4" valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Date: February 8, 2008</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td colspan="2" valign="top" align="left"><font face="Times New Roman" size="2"><b>By:/s/&#160;&#160;Stephen E. Gilhuley</b></font></td>
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<td width="50%" valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td width="4%" valign="top" align="left"><font face="Times New Roman" size="2"><b>Name:</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Stephen E. Gilhuley</b></font></td>
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<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2">&#160;</font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Title:</b></font></td>
<td valign="top" align="left"><font face="Times New Roman" size="2"><b>Executive Vice President,<br>Secretary and General Counsel</b></font></td>
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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):
February 6, 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 3.01.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
(a).     As previously reported, Mr. Anthony Chiesa, a director of Park Electrochemical Corp. (the "Company"), died on January 30, 2008. Mr. Chiesa had been a member of the audit committee of the Board of Directors of the Company with Messrs. Lloyd Frank and Steven T. Warshaw. As a result of Mr. Chiesa's death, the Company is not in compliance with the requirement of Section 303A.07(a) of the New York Stock Exchange ("NYSE") Listed Company Manual that audit committees have a minimum of three members.  On February 6, 2008, the Company received a notice from the NYSE with respect to this deficiency. The Company's Board of Directors will, in due course, add to the membership of the audit committee to replace Mr. Chiesa and comply with the requirement of Section 303A.07(a) of the NYSE Listed Company Manual.
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: February 8, 2008
By:/s/  Stephen E. Gilhuley
Name:
Stephen E. Gilhuley
Title:
Executive Vice President,
Secretary and General Counsel
3