Die Pfalz-Flugzeugwerke A.G., Speyer, Germany 1918

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Pfalz Flugzeugwerke was a World War I German aircraft manufacturer, located at the Speyer airfield in the Palatinate (German: Pfalz).
They are best known for their series of fighters, notably the Pfalz D.III and Pfalz D.XII.
The company went bankrupt after the Armistice, when the French occupation forces confiscated all of the equipment, but the factory was re-used by various other companies until re-forming in 1997.
Today they are a parts manufacturer referred to as PFW.