Ducommun Incorporated Agrees to 150 Million Settlement to Resolve Litigation Over Guaymas Facility Fire
Reuters
Oct 10, 2025
Ducommun Incorporated Agrees to 150 Million Settlement to Resolve Litigation Over Guaymas Facility Fire
Ducommun Incorporated has reached a binding settlement to resolve litigation with Williams International related to a fire that occurred at Ducommun's Guaymas, Mexico performance center in June 2020. Under the terms of the agreement, Ducommun will pay $150 million, with $56 million expected to be covered by insurance carriers. The settlement includes dismissal of the case with prejudice, mutual release of claims related to the fire, and indemnification against future subrogation claims by the plaintiff's insurers. The company will record a one-time net settlement expense of $94 million for the quarter ending September 27, 2025. The settlement does not constitute an admission of liability or fault by Ducommun. Some related insurance subrogation claims remain outstanding and are being addressed separately.
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