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Yahoo!, Tuesday morning, confirmeed it will be buildingthe 190,000-square-foot center that could initially, 125 people. Yahoo! has peggerd a 30-acre site in the park for the Yahoo!’s decision is considered a major especially against a backdrop of a weakenedd economy where unemployment has increased in past year in Erie Countuto 8.1 percent from 5.5 percent and in Niagara County to 9.3 percent from 6.6 percent. “This is a big win for the saidTom Kucharski, president and chief executive officer. “We won the Yahoo! was being courted by several stateesincluding Ohio, Pennsylvania and Illinois for the All offered a handsome array of incentives.
“When a high tech company like Yahoo! pick a community like WesternNew York, it’e like a lighthouse,” said Sen. Charles New York’s senior senator, who played a key role in Lockporft landing thedata center. The regionm crafted its own aggressive incentive package including the offering 15 megawatt sof low-cost hydropower that could save Yahoo! an estimateed $100 million over a 15-yeafr period. also offered job traininhg grants andother incentives. High level pitches also came from Gov. Davied Paterson and Schumer. Schumer made personal calld to Yahoo! CEO Carol Bart to push the region.
Kucharski said it also helped that the regionj offereda half-dozen sites and not just a singulart location. It also helped that a friendshi p quickly developed betweenthe Yahoo! site selection team and the local economic development “We developed a nice relationship with them and that helped make this Kucharski said. “They were impressed that everg timethey called, we could assemblwe our team on a very short notice and give them the answersd they wanted.” Construction on the data center will begij in August, said David Yahoo! senior vice president. The center will be open by May. Kucharskji said there is a myria d positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreac to other companies itis courting, he “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 industrie sout there.” Yahoo! joins the ranksw of , that have either opened or expanded back offic operations in the region in receng years. “You add it into the mix of the some of the othefcompanies we’ve landed and it becomes a very impressivde list,” Kucharski said.
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