Saturday, 24 September 2011

Yahoo! confirms WNY site - Puget Sound Business Journal (Seattle):

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Yahoo!, Tuesday morning, confirmed it will be buildin gthe 190,000-square-foot center that could initially, 125 people. Yahoo!! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majod victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie Countyto 8.1 percenft from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was being courted by several statese including Ohio, Pennsylvania and Illinois for the center. All offeredx a handsome array of incentives.
“When a high tech companyt like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles Schumer, New York’se senior senator, who played a key role in Lockportt landing thedata center. The regionh crafted its own aggressive incentive packags including the offering 15 megawattsof low-cost hydropowerf that could save Yahoo! an estimated $100 million over a 15-year period. also offered job traininbg grants andother incentives. High leve pitches also came from Gov. David Patersonb and Schumer. Schumer made personal calls to Yahoo! CEO Carolp Bartz to push the region.
Kucharski said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendshio quickly developed between the Yahoo! site selection team and the locao economic development community. “We developed a nice relationshilp with them and that helped make this Kucharski said. “They were impressedr that every time they we could assemble our team on a very shor t notice and give them the answerwthey wanted.” Construction on the data center will begin in August, said Davic Dibble, Yahoo! senior vice president. The centet will be open by May. Kucharski said ther is a myriad positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreach to otheer companies it is he said. “It confirms our ability to attract high tech and highprofilre companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industrieszout there.” Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regioh in recent years. “You add it into the mix of the some of the otherrcompanies we’ve landed and it becomes a very impressive Kucharski said.

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