Friday, March 9, 2012

Yahoo! confirms WNY site - Houston Business Journal:

zuloraxelewo.blogspot.com
Yahoo!, Tuesday morning, confirmeed it will be buildingthe 190,000-square-foot centee that could employ, initially, 125 people. Yahoo! has pegged a 30-acr site in the park for the complex. Yahoo!’s decisiohn is considered a major victory, especially againsgt a backdrop of a weakened economy where unemployment has increasesd in past year in Erie Count yto 8.1 percent from 5.5 percent and in Niagar a County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, president and chief executive officer. “Wde won the day.” Yahoo!
was being courte by several states including Pennsylvania and Illinois for the All offered a handsome arrayof “When a high tech company like Yahoo! pickx a community like Western New it’s like a lighthouse,” said Sen. Charles New York’s senior senator, who played a key role in Lockporyt landing thedata center. The region crafted its own aggressiver incentive package including the offering 15 megawattsof low-cost hydropower that could save Yahoo!! an estimated $100 million over a 15-yead period. also offered job training grants andothe incentives. High level pitches also came from Gov. Davicd Paterson and Schumer.
Schumer made personal calls to Yahoo CEO Carol Bartz to push the Kucharski said it also helpesd that the region offereda half-doze n sites and not just a singular It also helped that a friendshiop quickly developed between the Yahoo! site selection team and the locall economic development community. “W developed a nice relationshi with them and that helped makethis happen,” Kucharski said. “They were impressed that every time they we could assemble our team on a very short noticde and give them the answers they Construction on the data center will begi nin August, said David Dibble, Yahoo! senior vice The center will be open by May.
Kucharski said there is a myriax positives that will comefrom Yahoo!’s decision. The BNE will use it in its outreacj to other companies it is he said. “It confirms our abilitg to attract high tech and highprofiles companies,” Kucharski said. “To get a name companyt like Yahoo! says a lot to the rest of the industrieout there.” Yahoo! joins the ranks of , that have eithee opened or expanded back office operations in the regiobn in recent years. “You add it into the mix of the some of the othetcompanies we’ve landed and it becomes a very impressive list,” Kucharski said.

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