Melrose shares fall 6 percent after plant incident
Melrose shares fell 6 percent after a chemical tank overheated at its California plant. The company is now working with customers on recovery and supply plans.
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Melrose Industries PLC shares fell 6% on Tuesday following a chemical incident at its California aerospace facility. The site generated £136 million in sales during fiscal 2025, representing a key production hub for aircraft windshields and specialty plastics. Investors are assessing the impact on supply chains as the United Kingdom-based firm initiates emergency recovery protocols.
