Thursday, February 2, 2012

Yahoo! confirms WNY site - Houston Business Journal:

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Yahoo!, Tuesday morning, confirmed it will be buildingthe 190,000-square-foot centetr that could employ, initially, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major especially against a backdrop of a weakened economt where unemployment has increased in past year in Erie Countgyto 8.1 percent from 5.5 percent and in Niagara Countu to 9.3 percent from 6.6 percent. “Thisd is a big win for the saidTom Kucharski, presidentt and chief executive officer. “We won the Yahoo! was being courtes by several statesincluding Ohio, Pennsylvania and Illinois for the All offered a handsome arrayu of incentives.
“When a high tech company like Yahoo! picks a community like WestermnNew York, it’s like a said Sen. Charles Schumer, New York’s senior who played a key role in Lockport landing the data The region crafted its own aggressive incentive package including the offering 15 megawattof low-cost hydropower that could save Yahoo! an estimater $100 million over a 15-year period. also offered job training grants andother incentives. High level pitches also came from Gov. Davis Paterson and Schumer. Schumer made personakl calls to Yahoo!
CEO Carol Bartz to push the Kucharski said it also helpes that the region offereda half-dozenm sites and not just a singular It also helped that a friendshi quickly developed between the Yahoo! site selection team and the localk economic development community. “We developedf a nice relationship with them and that helpedc makethis happen,” Kucharski said. “They were impresseed that every time they we could assemble our team on a very short notice and give them the answersethey wanted.” Construction on the data center will begin in said David Dibble, Yahoo! senior vice president. The center will be open by May.
Kucharsk said there is a myriad positives that will comefrom Yahoo!’s The BNE will use it in its outreacjh to other companies it is courting, he said. “It confirm our ability to attract high tech and highprofilee companies,” Kucharski said. “To get a name company like Yahoo ! says a lot to the rest of the industriezout there.” Yahoo! joinas the ranks of , that have eithetr opened or expanded back office operations in the region in recent years. “You add it into the mix of the some of the othertcompanies we’ve landed and it becomes a very impressive Kucharski said.

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