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Garner council unanimously authorizes staff to negotiate incentive for Gregory Poole headquarters
Summary
After a public hearing, council approved Resolution 2025‑2671 allowing staff to negotiate an economic‑development incentive for Gregory Poole Equipment Company ("Project Cougar"), a projected $347M investment on ~130 acres with roughly 692 jobs; staff estimated incentive value to the company at about $4.4 million over eight years and confirmed clawback provisions.
The Garner Town Council on Oct. 21 unanimously authorized town staff to negotiate an economic‑development incentive agreement with Gregory Poole Equipment Company, identified in earlier briefings as "Project Cougar."
Nate Groover, the town's economic development director, told the council the project is expected to invest more than $347 million on about 130 acres along Highway 70, and to create roughly 692 jobs over five years with an average wage near $75,000. Groover said the Town's Tier‑1 business investment grant (and discretionary bonuses) make…
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