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Garner council authorizes staff to negotiate incentives for Gregory Poole headquarters after public hearing
Summary
The Garner Town Council unanimously authorized staff to negotiate an economic‑development incentive agreement with Gregory Poole Equipment Company ("Project Cougar") after a public hearing; the project is projected to bring roughly $347 million in investment, about 692 jobs and an average wage of $75,000.
Garner — The Garner Town Council voted unanimously Oct. 21 to allow town staff to negotiate an economic‑development incentive agreement with Gregory Poole Equipment Company, the firm announced publicly as "Project Cougar." The council’s authorization follows a presentation from Economic Development Director Nate Gruver and a public hearing during which residents asked about job access and incentive costs.
Nate Gruver said Project Cougar is expected to locate on a roughly 130‑acre site along Highway 70 (Timber Drive East). He told council the company projects more than $347,000,000 in private investment and about 692 jobs over five years, with an average wage of roughly $75,000.…
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