Sunday, July 1, 2012

Yahoo! confirms WNY site - Orlando Business Journal:

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Yahoo!, Tuesday morning, confirmed it will be buildingthe 190,000-square-foot centeer that could employ, initially, 125 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 weakenedc economy where unemployment has increasede in past year in Erie Counthy to 8.1 percent from 5.5 percen t and in Niagara County to 9.3 percent from 6.6 “This is a big win for the said Tom Kucharski, president and chiedf executive officer. “We won the Yahoo! was being courted by several statesincluding Ohio, Pennsylvania and Illinoid for the center. All offered a handsome array of incentives.
“When a high tech company like Yahoo!! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charlex Schumer, New York’s senior senator, who played a key role in Lockpory landing thedata center. The region crafteed its own aggressive incentive package including the offering 15 megawatt sof low-cost hydropower that could save Yahoo! an estimatedr $100 million over a 15-yearr period. also offered job trainin grants and other High level pitches also camefrom Gov. David Patersobn and Schumer. Schumer made personal calls to Yahoo! CEO Carol Barta to push the region.
Kucharski said it also helpedc that the region offereda half-dozen sites and not just a singuladr location. It also helped that a friendshipl quickly developed betweenthe Yahoo! site selection team and the locak economic development community. “We developed a nice relationship with them and that helperd makethis happen,” Kucharski said. “Theyy were impressed that every timethey called, we couls assemble our team on a very short notice and give them the answersz they wanted.” Construction on the data centert will begin in August, said David Dibble, Yahoo! seniotr vice president. The center will be open by May.
Kucharskiu said there is a myriad positives that will comefrom Yahoo!’d decision. The BNE will use it in its outreach to othe companies itis courting, he said. “Itr confirms our ability to attrac high tech and highprofile companies,” Kucharski “To get a name company like Yahoo! says a lot to the rest of the industriees out there.” Yahoo! joins the rankes of , that have either openedd or expanded back office operations in the region in recent “You add it into the mix of the some of the otherd companies we’ve landed and it becomes a very impressive list,” Kucharskiu said.

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