Ebola fears have translated into a surge in orders for one maker of $1,500 hazmat suits.
Lakeland Industries’ (NASDAQ:LAKE) stock climbed nearly 35% in early Thursday trade after the company on Wednesday evening announced monthly production capacity for its protective suits climbed 50% from August.
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“The aggregate of orders won by Lakeland that are believed to have resulted from the Ebola crisis amount to approximately 1 million suits with additional orders for other products, such as hoods, foot coverings and gloves,” the company wrote in a press release.
Bio-Recovery Corporation, which cleaned Dr. Spencer’s NYC apartment and the Gutter, a Brooklyn bowling alley he visited, is one company stocking up on this type of pricey protective gear. The company’s Chief Safety Officer Sal Pain told FBN’s Maria Bartiromo what it takes to “clean up after Ebola.”
“We had a crew of 10 men to do this job…we’ve spent years and years of training for this type of exact situation, but it is still volunteer that day. We want to make sure that everyone is comfortable going in there, their families are OK with it. Once we go in, it is…basically saturate everything we see with [approved] chemicals,” said Pain. “And it is long and rigorous.”
How comfortable is a $1,500 hazmat suit?
“It is very uncomfortable and very hot,” said Pain. “It is fully encapsulated, so at no point is he even inside of the apartment…the air that we are breathing is all from somewhere else.”
What does a $1,500 hazmat suit look like? Watch the video above to find out.