Morris Ajzenman – Griffin Securities
Thank you!
Operator
Ladies and gentleman if you do have a question please press star and one on your touch tone telephone. Our next question is from Lenard Cooper a private investor. Your line is now open.
Lenard Cooper – Private Investor
Hi Brian.
Brian E. Shore
Hi Lenard.
Lenard Cooper – Private Investor
Hope all is well, you sound good. I have a question, is GE presently have the facilities and personnel to provide the projected growth in businesses that you speak of. Will big investments be required by Park for facilities?
Brian E. Shore
So Len, Happy New Year by the way. We have spoken for several quarters that about discussions were having regarding building redundant facility based upon GE’s request. This is really a capacity of redundancy because some of the, you know the big air space OEMs are a little uncomfortable being a sole force with the supplier that only has one location, you know for obvious reasons we have a lot in stake and the qualifications of process is very complex and time consuming so if there’s a supplier that you know an aircraft OEM is working with and it’s a sole force basis, then that supplier has one facility and their building burns down or something like that, it’s a real serious issue because it could take up to two years to qualify in suppliers in some cases and in our case it takes a long time, just like our building is really complex, materials that require very extensive testing you know something that could be qualified overnight. So that’s the reason for the request for redundancy but we’re still waning their back, we’re prepared to proceed, and we’ve been going to a side sledging process but we’re waning their back, waiting for more information from GE before we could proceed, before we could make a decision and move forward. I think it’s highly likely that we’ll do that, I thought the worry would have been started but really the balls, we’re kind of waiting for more information if we put it that way.
Lenard Cooper – Private Investor
Ok, Well I understand the problem of redundancy having been the aerospace there is before the moon landing. Another question, does 3D printing affect Park.
Brian E. Shore
Well you’ve asked us before, well you’re a smart person. I don’t really think it does directly at this point except the extent that it might require more infrastructure you know more data bin process just like you know we talked about the cloud well, we’re not directly working on the cloud equipment but it requires more bandwidth in terms of its service providers and that would indirectly impact Park and be a benefit to Park’s business.
Lenard Cooper – Private Investor
Ok, thank you.
Operator
Thank you again Ladies and gentleman if you have any questions please press star and one on your touch tone telephone. If your question has been answered or if you wish to move yourself from the cue, please press the pound key. At this time I’m sure no further questions, I’d like to turn the call back to management for any further remarks.
Brian E. Shore
Well, thank you operator and thank you everybody for listening to our third quarter conference call, I’d like to wish all the very best in the New Year. Matt and I are here today, so if you have any follow up questions please feel free to give us a call. Thank you and have a good day.
Operator
Ladies and gentlemen, thank you for participating in Today’s conference. This does concludes today’s program. You may all disconnect. Everyone have a wonderful day.
