Denver mattress plant may close and lay off 50 employees if Park Place Corp. cannot sell it

Park Place Corp. needs to sell its Denver mattress factory quickly or the plant will be closed and its 50 workers laid off. The company disclosed the factory’s predicament in a letter to the state Department of Labor & Industry earlier this month. Park Place no longer needs the 412 Oak St. plant because of its contract with a new customer to serve a new territory. That new customer and territory is being served from its Greenville, S.C., headquarters.