Melrose, Garden Grove tesisinin yeniden açılış zaman çizelgesine tırmanıyor

Melrose shares climb on Garden Grove plant reopening timeline

Tue, August 25, 2026 at 10:56 AM GMT+3 1 min read

• MRO.L +9.22%

Aug 25 (Reuters) - 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.

GKN Aerospace halted production in late ‌May at a ⁠suburban Los Angeles plant after an overheating tank raised fears of an explosion ⁠and prompted the evacuation of 50,000 nearby residents for several days.

A district attorney in California ​said late ​on Monday it would ​close its criminal ‌investigation into the incident without bringing charges.

"There is still some uncertainty around potential expectation costs, but an up to $100m program for local residents gives a sense of end costs that while significant, ‌will be manageable," RBC ​Capital analyst Mark Fielding said ​in a note, ​adding that the reopening timeline was ‌a positive clarification.

Melrose said ​In its half-year ​results in July that the facility was operating at about 50% capacity, reducing sales, ​profit and ‌cash flow by about 6 million pounds ​per month.

(Reporting by Ankita Bora in Bengaluru; ​Editing by Nivedita Bhattacharjee)