SPS Technologies reaches settlement in class action lawsuit filed over massive industrial fire

ABINGTON TWP., Pa. (WPVI) -- SPS Technologies has reached a class action lawsuit settlement for families and businesses affected by the massive fire at the facility in 2025.

The February 2025 fire caused a shelter-in-place and temporary voluntary evacuation orders in Abington Township, Montgomery County.

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The settlement provides those within a one-mile radius of the facility cash payments for unreimbursed business losses of up to $5,000, property damage losses of up to $300, and hourly wage losses of up to $200.

Claims must be filed by December 3.

The agreement still has to be approved by a court.