IJR News — today's news from every side

IJR News — today's news from every side

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Melrose cleared in Garden Grove probe; expects production restart by late September — Aug 25, 2026Melrose Industries shares jumped after it announced plans to restore full production at its GKN Aerospace Garden Grove facility by September 28 and to launch a $100 million claims program for evacuees and affected residents. The company also disclosed that a related criminal probe has ended with no charges, supporting optimism for a late-September restart and ongoing civil resolutions, which lifted its stock alongside broader market gains.