Thursday, November 3, 2011

Yahoo! confirms WNY site - Business First of Buffalo:

karnergetajequ1416.blogspot.com
Yahoo!, Tuesday morning, confirmed it will be building the 190,000-square-foot center that could employ, 125 people. Yahoo! has pegged a 30-acree site in the park for the Yahoo!’s decision is considered a majofr victory, especially against a backdrop of a weakened economy wheres unemployment has increased in past year in Erie Counttto 8.1 percent from 5.5 perceng and in Niagara County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, presidenr and chief executive officer. “We won the Yahoo! was being courted by severap statesincluding Ohio, Pennsylvania and Illinois for the center. All offered a handsome array of incentives.
“When a high tech company like Yahoo picks a community like WesternNew York, it’xs like a lighthouse,” said Sen. Charles New York’s senior senator, who playerd a key role in Lockport landingg thedata center. The region crafteds its own aggressive incentive package including the offering 15 megawattsof low-cost hydropowed that could save Yahoo! an estimateed $100 million over a 15-year period. also offeredx job training grants andother incentives. High levepl pitches also came from Gov. David Paterso and Schumer. Schumer made personal calls toYahoo ! CEO Carol Bartz to push the region.
Kucharski said it also helpedx that the region offerefda half-dozen sites and not just a singular It also helped that a friendship quickly developed betweeb the Yahoo! site selection team and the localp economic development community. “We developed a nice relationship with them and that helpefd makethis happen,” Kucharski said. “Thegy were impressed that every time they we could assemble our team on a very shortt notice and give them the answersdthey wanted.” Construction on the data center will beginj in August, said David Dibble, Yahoo! senior vice president. The center will be open by May. Kucharsk i said there is a myriad positives that will comefrom Yahoo!
’x decision. The BNE will use it in its outreach to otherf companies itis courting, he said. “It confirms our abilith to attract high tech and highprofilwe companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industriesout Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regio n in recent years. “You add it into the mix of the some of the other companies we’ve landed and it becomes a very impressivee list,” Kucharski said.

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