Alcoa, a Fortune 150 company that made $611 million last year, also saved $97,496 in 2011 property tax by farming on land around its plants in Blount County.The metals giant has 1,113.5 acres around its plants in Alcoa under an agricultural greenbelt — a provision enacted by the Tennessee legislature in 1976 to help preserve farmland, open space and forests.
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Reactions to Alcoa gains from greenbelt, uses land for more than just farming » Knoxville News Sentinel
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