The Monster Factory

It is 1989.
The time of Happy Days, Stephen King, small towns, and long lazy summers, when Will-Fred and his family blew into Scottsburg, Indiana.
Their first mistake.
What Will-Fred lacks in size or status, he makes up for with outlandish dreams and loopy expectations, so when they move gypsy-like, to yet another 'Perfect Town', hope renews he will make fast buddies among the school's uber-cool. Eager to explore after another humiliating family put-down, Will-Fred ignores Elmo, the wimpy asthmatic kid next door, as not being cool enough, tearing off alone on his bike to investigate he stumbles onto a decaying lake and disturbing, derelict factory, unaware of horrific happenings involving missing people over past decades—the last two, teens seeking a private hot-spot, out where sidewalks give way ... and no one knows where you are.
His new sole buddy, Elmo has asthma. Peers scorn them. When they stumble on the Monster, they have fat chance of convincing either parents or town elders of the blood-freezing peril. Worse, the two discover the most chilling menace, is much closer and less predictable than their scariest nightmares and they must take out the Monster, on their own … anyway they can …