I sure like this latch. Simple, sturdy and easy to latch and release. I think they are made in Iowa.
http://www.surelatch.com/PhotoDetails.asp?ShowDESC=N&ProductCode=7000-OWR-158-2
They make a 2 way latch that works well also. I think you can buy them for less than you can make something like this. They sell for less than price listed.
Jim at Dawn.