Latex Foam may replace burned facility with two

FAIRLAWN, Ohio (Aug. 8)—Latex Foam Products Inc. may replace its manufacturing facility, which was destroyed in a mid-May blaze, with two sites, one in Connecticut and the other in the Southeast. The company is considering construction of a new factory on its burned-out site in Ansonia and purchasing or leasing an existing plant in the Southeast. The structures would be smaller than Latex Foam Products' old building, which spanned 284,000 square feet, although combined they could be larger. "The plant we build will be state-of-the-art, not as large as the old plant and expandable," Stephen Russo, president of the firm's parent, LIS Corp., said at the fourth annual International Latex Conference, held July 31-Aug. 1 in Fairlawn. A decision is expected by month's end.