By means of a trade of stock in Florida-based Seminole Rock Products, Poole and his family obtained W.L. Gregory’s shares in Gregory Poole Equipment Company and became the sole owners.
J. Gregory Poole, Jr., was elected President.
Gregory Poole Equipment Company established the Industrial Division for the sale and service of materials handling equipment, operating initially from 3705 Hillsborough Street, Raleigh.
The Industrial Division expands by adding a branch operation in Wilmington, NC.
A new heavy equipment branch was opened at the intersection of U.S. Highway 17 and Spring Road in Washington, NC, replacing the outdated New Bern facility with a modern shop located in the center of the booming eastern market.
A new heavy equipment branch was opened on Highway 17-S in Wilmington, NC, in November; after several years at another address, the Wilmington Industrial Division relocated to this state-of-the-art shop in Brunswick County.
In October, a new Fayetteville facility opened; this store, located on U.S. Highway 301 South at Interstate 95, serves both Construction and Industrial Division customers.
In November, the Industrial Division expanded into South Carolina, with facilities in Charleston and Florence.
On the Company’s 45th anniversary (April 1, 1996) J. Gregory Poole, III, became President and Chief Operating Officer.
J. Gregory Poole, III purchased the company from J. Gregory Poole, Jr. and became the Chairman, CEO and third generation Poole owner.
Gregory Poole Equipment Company employs over 1,250 employees at 25 facilities in Raleigh, Beaufort, Fayetteville, Garner, Greenville, Holly Springs, Mebane, Pittsboro, Rocky Mount, Washington, Wilmington, and Wanchese, North Carolina, as well as Richmond, Roanoke, Winchester, Harrisonburg and Chesapeake, Virginia and Florence and Charleston, South Carolina. In 2021, SITECH joined the Gregory Poole family offering machine monitoring options for our customers. Gregory Poole hit another milestone in 2021, celebrating 70 years of serving eastern North Carolina.