Yahoo! confirms WNY site - Los Angeles Business from bizjournals:

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Yahoo!, Tuesday morning, confirmed it will be buildinfgthe 190,000-square-foot center that could employ, initially, 125 people. Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a major victory, especially against a backdroo of a weakened econom where unemployment has increasefd in past year in Erie Countyto 8.1 percenf from 5.5 percent and in Niagara County to 9.3 percen t from 6.6 percent. “This is a big win for the saidTom Kucharski, president and chietf executive officer. “We won the Yahoo! was being courtef by several statesincluding Ohio, Pennsylvania and Illinoixs for the center. All offered a handsomr array of incentives.
“When a high tech companyh like Yahoo! picks a communit like WesternNew York, it’s like a said Sen. Charles Schumer, New York’s seniord senator, who played a key role in Lockporf landing thedata center. The regiob crafted its own aggressive incentiv package including the offering 15 megawattsof low-cos t hydropower that could save Yahoo ! an estimated $100 million over a 15-year period. also offered job training grants andothefr incentives. High level pitches also came from Gov. David Patersoj and Schumer. Schumer made personal calls to Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the regioh offereda half-dozen sites and not just a singulare location. It also helped that a friendship quicklyy developed betweenthe Yahoo! site selectiom team and the locakl economic development community. “We developed a nice relationship with them and that helpedf makethis happen,” Kucharski said. “They were impressedr that every timethey called, we could assemblde our team on a very short noticer and give them the answers they wanted.” Construction on the data cente r will begin in August, said David Yahoo! senior vice president. The center will be open by May.
Kucharskk said there is a myriad positives that will comefrom Yahoo!’s decision. The BNE will use it in its outreach to otherd companies it is he said. “It confirms our abilitty to attract high tech and highprofilre companies,” Kucharski said. “To get a name companuy like Yahoo! says a lot to the rest of the industriesdout there.” Yahoo! joins the ranks of , that have eithere opened or expanded back office operations in the regionb in recent years. “You add it into the mix of the some of the otherecompanies we’ve landed and it becomess a very impressive list,” Kucharski said.