GKN Aerospace Reaches $125 Million Settlement in Chemicals Case
Melrose Industries said its GKN Aerospace unit settled with California authorities and expects to restart operations at the site this quarter.
Melrose Industries said its GKN Aerospace unit has reached a $125 million settlement with California authorities over a chemicals case. The company also expects to restart operations at the site this quarter. The case stems from an incident in May that led to the evacuation of parts…