Niagara Gazette

Local News

April 25, 2013

Yahoo! gets its breaks|Yahoo! tax breaks approved for expansion, will save company about $30M

Niagara Gazette —

LOCKPORT — Yahoo's expansion in the Town of Lockport is on its way, following approval of a 20-year package of property tax and sales tax breaks for the Internet giant on Thursday morning.

But, some see the expansion as something that lead to more of a future investment in Lockport by Yahoo. Town of Lockport Industrial Development Agency member Duncan Carlson said that's why he voted in favor of the incentive package.

“I have the feeling that an expansion far beyond this is the key to making this a viable project,” Carlson said. “They are interested in more land, a major expansion of the data center.

"Betting on the future, that’s why I would be inclined to support this project, not what we heard here today.”

For its second project in the town, Yahoo will invest $170 million in a second phase on its campus in the Town IDA Park. The phase will expand the Yahoo data center and add a new customer call center, creating 115 jobs.

The sheer size of the 320,000 square-foot expansion, which includes a larger parking lot and a utility substation, suggests the company potentially has plans for Lockport, Supervisor Marc R. Smith said during the hearing.

But there's nothing else to announce, Yahoo said in an email.

"We've got nothing to add beyond what we've already shared publicly: that Yahoo is pleased to be expanding our operations in Lockport to include a new data center and customer care center, through which we'll add 115 jobs to our Lockport operations," a Yahoo spokeswoman said.

The IDA Board of Directors voted to approve the tax abatements, following an hour-long public hearing in which some taxpayers criticized the tax breaks for Yahoo.

“The tax abatements for this are horrendous,” Edwina Luksch, a Newfane resident, said. “Niagara County is in dire straits... I'm all for creating jobs, but the residents - who I consider the investors - need to see a return.”

Text Only | Photo Reprints
Local News
Featured Ads
Seasonal Content
House Ads
AP Video
Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Obama Offers Condolences at Dutch Embassy Cat Fans Lap Up Feline Film Festival Raw: Lawmakers Scuffle in Ukraine's Parliament The Rock Finds His Inner 'Hercules' Michigan Plant's Goal: Flower and Die Raw: MH17 Passenger Remains in Kharkiv, Ukraine Raw: Israel Hits Gaza Targets, Destroys Mosques Veteran Creates Job During High Unemployment New Orleans Plans to Recycle Cigarette Butts
Opinion
House Ads
Night & Day
Twitter News
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Front page
Poll

Do you think cigarette sales to non-Native American customers should be taxed on reservations?

Yes. Items should be taxed like they are everywhere else.
No, the indian reservations are sovereign land and they are selling them on their land.
Not up to me. Native Americans decide the rules on their land.
Don't care. Smoking isn't good for you.
     View Results