Galway Bay fm newsroom - A major multinational firm is in advanced discussions to locate a new facility at a significant IDA site in Oranmore.
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The 50 acre site on the Claregalway Road has been idle for a considerable time, despite a number of speculative investors.
This afternoon's meeting of the Athenry/Oranmore municipal district heard that high-level talks are once again talking place.
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Councillor Liam Carroll said the talks - involving a multinational, the IDA and Government - are at a commercially sensitive stage.
Speaking afterwards to David Nevin, he said this could be a hugely positive development
