BAE Systems to close Sealy plantBAE Systems to close Sealy planthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=60122013-10-17T15:07:00Z2013-10-17T00:00:00Z

SEALY - Due to declining U.S. defense spending, BAE Systems has decided to close its Sealy facility.

The decision follows multiple rounds of job cuts that reduced BAE’s Sealy workforce by about 1,000 positions over the past two years. Most recently, the United Kingdom-based military equipment manufacturer said it would cut 140 positions in Sealy by the end of 2013.

Including those 140 jobs, about 325 employees will be affected by the closure. Most of the employees will be released from the company between November and the end of June 2014, when the facility will be shut down. Existing work will be completed or transitioned to other BAE facilities.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/news/2013/10/15/bae-systems-to-close-houston-area.htmlRead more at {Source}

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