CORNWALL Council's civil engineering and highways arm is considering moving its main workforce to Wadebridge.
Cormac Solutions, which employs around 960 people, is looking at relocating its operation to Higher Trenant.
The company, which presently has its head offices in Bodmin, is in negotiation with the local authority about the move to the former North Cornwall District Council headquarters.
Wadebridge West Cornwall councillor Scott Mann said he could see many benefits coming to the town if Cormac was based there.
"I would welcome Cormac moving its operations into Wadebridge.
"The idea that we can have the company, which fixes potholes, empties drains and can do larger highways projects, in Wadebridge, is to be welcomed," he said.
"I've been working on a residents' parking scheme for some areas of Wadebridge and if I can go to Higher Trenant and get issues like this sorted, it will be great for Wadebridge."
Stephen Knightley, Cornwall councillor for Wadebridge East, also felt it would be a great boost for the town if the company moved there.
"They are in discussions with the council at the moment, and I think a very good case can be put forward for moving to Wadebridge. If they choose to move here, it will be extremely positive news for Wadebridge and for the future of Higher Trenant," he said.
Cormac's managing director, Arthur Hooper, said there was a need to bring a number of its business units under one roof, and Higher Trenant was one of the options being looked at.
Mr Hooper said: "As part of Cormac's business planning and future growth plans, we have been carrying out a feasibility study and begun to look at the business's longer-term accommodation needs in the east of the county.
"Currently our head office site at Castle Canyke is at capacity, which has resulted in the need to lease additional accommodation at Beatrice Road.
"A number of potential options exist to meet Cormac's future needs, including extending and improving the Castle Canyke site, moving to the new building in Bodmin, or moving to Higher Trenant in Wadebridge.
"Cormac and (Cornwall Council's) Property Services are currently working together to assess the viability of each of these options."
Mr Hooper said: "Cormac has already communicated these possible options to our employees and following this assessment there will be a period of consultation with staff, and any decision likely to be made before Christmas 2013.
"The timeframe for commencing any works or potential moves is likely to be around 18 months from now."
The MD said there would always be a need for an operation presence in Bodmin at the Castle Canyke depot, as it is strategically well placed to serve both the A30 and A38.