This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Yahoo! Announces Plans To Expand In Lockport, New York

Stocks in this article: YHOO

Yahoo! (NASDAQ: YHOO) today announced plans to build new data and customer care centers in Lockport, New York later this year. Yahoo!’s expansion in Western New York will provide additional capacity and world-class customer care service, ensuring that Yahoo! users have fast product experiences and access to helpful customer support. Yahoo! intends to create 115 new jobs across engineering, technology, and customer care fields. The planned expansion builds upon Yahoo!’s existing Lockport data center facility, which opened in 2010 and is recognized as an exemplary energy-efficient design.

“We are happy to be a part of the Western New York community and are excited about our expansion plans. We are appreciative of our close partnerships with local municipalities and are grateful to our outstanding workforce in Lockport,” said David Dibble, executive vice president of central technology for Yahoo!. “Yahoo! is committed to being an environmentally responsible company, and we thank New York state and local authorities for working with us to ensure we continue to power our data center with clean energy.”

“I thank Yahoo! for its continued commitment to Western New York,” said Governor Andrew M. Cuomo. “Low-cost hydropower is one of the most effective economic development tools that we have to create jobs in Western New York and this allocation demonstrates my administration’s steadfast efforts to ensure the strategic and effective use of this valuable resource to expand the Buffalo-Niagara region’s workforce.”

“Under Governor Cuomo’s leadership, the Power Authority has aggressively worked to create jobs in Western New York by allocating low-cost hydropower to encourage new businesses,” said Gil C. Quiniones, NYPA president and chief executive officer. “The Niagara Hydroelectric Power Plant is a cornerstone of the region’s economy, which is perfectly demonstrated by this power allocation to Yahoo!.”

Yahoo!’s new data center will utilize the company’s Yahoo! Compute Coop (YCC) architecture. The YCC is a world-class, energy-efficient data center design that uses significantly less energy and water than conventional data centers. The unique shape of the building and the use of outside air-cooling for approximately ninety-eight percent of the year eliminates the need for expensive and energy-intensive chillers to keep the servers cool.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs