The development of a spectacular €40m Business Park at the old Glanbia factory in Rooskey is on the horizon following the dramatic purchase of the facility by a group of local businessmen. The well-known Cox family, whose companies EDA Cox and LEAD Partnership have a number of business interests throughout the region, have agreed the purchase of the Glanbia factory in Rooskey for a sum believed to be in the region of €11m. The huge facility, where an approximate 600 people worked daily for many years, closed earlier this year, its decline largely linked to a devastating fire at the plant in 2002. The remarkable deal follows months of intense negotiations. This week Mr. Leo Cox exclusively informed the Roscommon People that the purchase of the 37-acre has been agreed. Due to a confidentiality agreement Mr. Cox said that he was not in a position to disclose the price of the purchase. However the Roscommon People understands that the sum involved is in the region of €11m. Mr. Cox did indicate that (subject to planning permission) there are plans for a €40m transformation of the site over the next five years or so, with the likely creation of up to 200 new jobs in the area resulting. The Glanbia factory was formerly the famous Hanley’s Bacon factory and is a landmark facility in the heart of Rooskey village. The purchasers have plans to transform the site into a massive Business Park which will feature factories, commercial units and apartments. Plans which the Roscommon People have seen propose the provision of about 21 apartments and ten shop units at the front of the facility. Four factory units are also planned. These will each be about 20,000 sq. foot in size. An enterprise centre will also be built on the site. A further massive factory space will incorporate a drying plant for wood chip. There are also exciting plans to develop the waterways running parallel to the old Glanbia factory and to transform this neglected area into a fabulous new waterway which boats will be able to access. Speaking to the Roscommon People Mr. Leo Cox said that all at the company are very excited by the purchase of the Glanbia-owned site and looking forward to realising its potential. Mr. Cox said that the company are hoping that the County Manager and planners in Roscommon County Council will be supportive of the project. ‘Rooskey needs this lift, the whole area could do with more jobs,’ Mr. Cox said. Adding that EDA Cox Construction has a track record of creating jobs in recent years, Mr. Cox said that most of the mooted development is commercial in nature. The directors of EDA Cox Construction are Eugene, Dermot and Adrian Cox. The directors of LEAD are Leo, Eugene, Adrian and Dermot Cox. The company started from small beginnings some years ago but has grown into a major commercial player in the Midlands and West, providing substantial employment through their various projects in a number of towns and villages in the region. These include a timber frame manufacturing facility in Cloonfour, Rooskey, Shannon Lodge Nursing Home in Rooskey, the Percy French Hotel in Strokerstown, Cox’s Steakhouse in Dromod and numerous housing developments.