Tallassee Power Company

Alcoa Power Generating, Inc. is a subsidiary of Alcoa Inc., headquartered in Pittsburgh, Pennsylvania. Its three divisions were independent subsidiaries before being consolidated into Alcoa Power Generating, Inc. (APGI). These three projects have produced hydroelectric power and manage impoundments which also provide flood control; recreation, residential and business opportunities; and wildlife habitat.

The APGI Yadkin Project managed a 38-mile section of the Yadkin River, plus tributaries, in Piedmont North Carolina and included four dams, powerhouses and reservoirs, sold in February 2017 to Cube Hydro Carolinas. The counties of Davie, Davidson, Rowan, Stanly, and Montgomery border the Yadkin Project river and lakes. The dams owned and operated by APGI were the Narrows dam (completed in 1917), the Falls dam (completed in 1919), the High Rock dam (completed in 1927), and the Tuckertown dam (completed in 1962). The Narrows dam and powerhouse development is the only hydroelectric project listed on the National Register of Historic Places in North Carolina. The other three dam and powerhouse developments have been determined eligible for listing on the National Register.

At the Narrows, the Yadkin River flowed through a deep gorge for three and a half miles within the Uwharrie Mountains. Its potential for industrial development had long been recognized. In 1887, E.B.C. Hambley, a mining expert from England, came to Salisbury, North Carolina. He gained the backing of Pittsburgh industrialist George I. Whitney. Between 1899 and 1901, Whitney organized eight subsidiary companies and employed Hambley as his chief engineer. About a mile upriver from the Narrows, the Whitney Development Company nearly completed the granite Whitney Dam and a five-mile long diversion canal, and began construction of a powerhouse at Palmer Mountain before the company declared bankruptcy in 1907 and all work ceased. The massive canal remains today, while the Whitney Dam lies beneath the waters of Badin Lake. They have been determined eligible to be listed on the National Register. In 2017, Historic Salisbury Foundation board president Susan Sides said, "It was called one of the most unique dams in all history. It was referred to as the ‘Niagara of the South.'"

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