Company: Yahoo Parent Company: Apollo Global Management Subsidy Source: multiple Location: New York City: Lockport County: Niagara Project Description: computer data center Year: 2009 Major Industry of Parent: private equity (including portfolio companies) Specific Industry of Parent: private equity (including portfolio companies) Subsidy Value: $478,000,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 190 Source of Data: The subsidy value and breakdown as well as the jobs figure came from: Charlotte Keith, "Yahoo's sky-high subsidies," Investigative Post, April 29, 2015; online at (click here) Notes: An initial package in 2009 provided Yahoo with about $240 million from a sales tax exemptions on construction material and equipment purchases, a property tax abatement; and electricity discounts from the New York State Power Authority. The company received another $138 million for a second phase of development. Portions of the subsidies are listed separately in the main Subsidy Tracker data in Industrial Development Agency and Empire State Development entries. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.