[CPEO-BIF] Hartford (CT) Potential deal for redevelopment of Roser Tannery

["Robert Hersh" <b_hersh@verizon.net>]

Glastonbury Site
Cash for pollution clean-up a sticking point

By Kenneth J. St. Onge

Hartford Business Journal Staff Writer
10/6/07

The days appear to be numbered for Glastonbury's landmark Roser Tannery.
The owner of the 160-year-old building on New London Turnpike, which now
houses one of the town's largest manufacturing companies, said he has a
tentative agreement to sell the tannery and its accompanying 24 acres of
land to a national developer who has plans to build upscale condominiums on
the site.

..."The 50,000-square-foot Roser Tannery served as a pigskin processing
plant up until the late 1960s, when Flanagan's father bought it. It has
since served as one of two main manufacturing facilities for Flanagan
Industries, which employs about 100 and makes turbine components and other
products for the aerospace and energy industry.

News of a potential deal for the property comes as Flanagan consolidates it
business to a soon-to-be built 50,000-square-foot lean manufacturing
facility on Mill Street, next to its other facility. The move should be
finalized in about a year. No deeds on the Tannery site would likely
transfer for at least two years."

For the entire article, see:
http://hartfordbusiness.com/news3241.html

Bob Hersh
CPEO

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