Melrose Shares Drop After Methyl Methacrylate Incident Forces Disruption at Garden Grove Plant
Melrose Industries PLC shares fell about 5% after the company disclosed an ongoing incident at its GKN Aerospace Garden Grove facility in California. A thermal issue involving a storage area of methyl methacrylate (MMA) disrupted operations at the plant that employs roughly 500 people, prompted mandatory evacuations in the surrounding area and prom…