Yahoo! confirms WNY site – Denver Business Journal:

Yahoo!, Tuesday morning, confirmed it will be buildingbthe 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 considerecd a major victory, especially against a backdro of a weakened economy where unemploymenft has increased in past year in Erie Countto 8.1 percent from 5.5 percentg and in Niagara County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, presiden and chief executive officer. “W won the day.” Yahoo! was being courted by severapl statesincluding Ohio, Pennsylvania and Illinoid for the center.
All offeredr a handsome array of “When a high tech company like Yahoo! picks a communitt like WesternNew York, it’xs like a lighthouse,” said Sen. Charles New York’s senior senator, who playee a key role in Lockport landing the data The region crafted its own aggressive incentivre package including the offeringy 15 megawattsof low-cost hydropower that could save Yahoo!! an estimated $100 million over a 15-year also offered job training grants and other incentives. High leveol pitches also came from Gov. David Patersonm and Schumer. Schumer made persona l calls to Yahoo! CEO Carol Bartzx to push the region.
Kucharskoi said it also helped that the regionb offereda half-dozen sites and not just a singulare location. It also helped that a friendshio quickly developed betweenthe Yahoo! site selection team and the localo economic development community. “We developexd a nice relationship with them and that helpecd makethis happen,” Kucharski said. “They were impressed that everty timethey called, we could assemble our team on a very shor t notice and give them the answers they Construction on the data center will begin in said David Dibble, Yahoo! senior vice president. The center will be open by May. Kucharskij said there is a myriad positives that will comefrom Yahoo!
’s The BNE will use it in its outreach to other companies it is he said. “It confirms our abilit y to attract high tech and high profile Kucharski said. “To get a name company like Yahoo says a lot to the rest of the industriedsout there.” Yahoo! joins the ranks of , that have either opened or expandes back office operations in the region in recenr years. “You add it into the mix of the some of the othedcompanies we’ve landed and it become a very impressive list,” Kucharskui said.

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