Melrose shares climb on Garden Grove plant reopening timeline

Shares of Melrose Industries rose 8% on Tuesday after the GKN Aerospace owner said it was targeting September 28 to ‌resume full production at its Garden Grove facility and pay up to $100 million to settle damage claims from a May incident involving an overheating chemical tank.

Source: Reuters

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Category General

Source Reuters

Published 1 month ago

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News ID #10,253

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