The U.S. subsidiary of BAE Systems Plc plans to close a military vehicle plant in Texas next year and lay off about 325 employees, the company announced.When I worked there in the early 1900s, it was owned by Stewart & Stevenson, and was the center of the $1.4 billion contract for the 2½ and 5 ton military trucks.
The facility, located about 50 miles outside Houston in Sealy, since 1990 has produced tactical wheeled vehicles for the U.S. military, including blast-resistant trucks known as Mine Resistant Ambush Protected vehicles, or MRAPs, for the wars in Iraq and Afghanistan, and the Humvee replacement Joint Light Tactical Vehicle, or JLTV.
The London-based company said industry contraction drove the decision to shutter the site by June 2014.
The writing for this plant was on the wall when Oshkosh Corp. managed to decode a Sealy's sub-par drawing package and win the latest FMTV Contract.
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