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USA: P&G caught in river rights feud

USA: P&G caught in river rights feud

noviembre 23, 2016

👤Periodista: María Alejandra Lopez 🕔23.Nov 2016

 

A nearly 400-year-old fight over water rights is coming to a head along the banks of the Potomac River – and pulling Procter & Gamble (NYSE:PG) into the fray.

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West Virginia is threatening to sue Maryland if the state refuses to grant the mountain state unfettered access to water in the Potomac River, a portion of which defines the border between the two states.

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West Virginia needs the water to support a $500M manufacturing plant that P&G plans to build on its side of the Potomac, roughly 25 miles from historic Harpers Ferry.

Source: Seeking Alpha 

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