Armored Vehicle Maker Shuts Down

December 26th, 2007  
Team Infidel

Topic: Armored Vehicle Maker Shuts Down

Atlanta Journal-Constitution
December 26, 2007
Pg. 2C

Charleston, S.C. -- A company that makes armored military vehicles has fired most of its employees and shut down permanently, according to a report posted online Monday. Protected Vehicles Inc. told its employees in a Dec. 19 letter that it was "unable to continue production operations" and that layoffs previously thought to be temporary were now permanent, according to the report on The Post and Courier of Charleston's Web site. Protected Vehicles abruptly ceased operations earlier this month. It's unclear exactly how many people are affected by the layoffs. Protected Vehicles laid off 230 workers -- about half of its employees -- in August. The company was founded in 2005 and builds armored trucks for the U.S. military. The armored military vehicle industry is going through difficult times. The Marine Corps recently decided to buy a third fewer bomb-resistant vehicles to protect U.S. forces in Iraq and Afghanistan from deadly roadside bombs, and some observers have said the reduced violence in Iraq may lead to fewer orders.

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