Alcoa has settled a long-standing dispute with a primary foe in its fight to maintain control of hydropower dams on the Yadkin River. Stanly County Commissioners voted Monday night to drop their legal challenges against Alcoa, which was a major employer in the region until closing its aluminum smelter in 2002.
Alcoa now makes a profit selling the electricity from those dams and Stanly County has long argued the public would be better served if those dams were under the state's control.
All Things Considered Host Mark Rumsey gets some analysis on the settlement from WFAE reporter Julie Rose.
