Linwood, Pennsylvania - Foamex International Inc. will expand capacity at its Fort Wayne, Indiana facility, in a move to allow its Foamex Technical Products business to integrate operations from its Eddystone, Pennsylvania plant into Fort Wayne. The major US foamer announced the move 26 July, saying it will raise efficiency in the group's technical products business. Foamex expects the change to be complete in the first quarter of 2008. It then intends to close the Eddystone facility and sell the riverfront real estate. This move is "another step in Foamex's continuing effort to increase operating efficiencies and grow its market-leading Technical Products business," said the Foamex statement."Expanding in the technical and specialty foam sector of the industry is a top priority," said Jack Johnson, chief executive officer of Foamex, in the statement. Integration of Eddystone into Fort Wayne operations "is one in a series of steps to globally position our plant assets and expertise to service an increasingly dynamic marketplace," said Johnson. Foamex said it expects to gain annual cost savings of more than $5 million through this consolidation. Related charges will be about $8.1 million through to the first quarter of 2008, with about $2.1 million related to accelerating depreciation and amortisation.Employees affected will receive severance packages and transition services, said Foamex, adding that the company plans to provide uninterrupted service to customers during the consolidation. epw"