The way Borsight executive Martin O’Loughlin sees it, the $825,000 incentive his aviation service company is getting from the state will produce more than 95 jobs in the Ogden area.
“It has the potential for revitalizing the entire aviation ecosystem at the [Ogden] airport,” said O’Loughlin after the Governor’s Office of Economic Development board approved the post-performance, tax-credit rebate Thursday for Borsight, which integrates modern communications equipment into older aircraft and helicopters, mostly for the U.S. Department of Defense.
Predicting Borsight’s expansion will lure other aviation companies to the area, he said “building on this scale assures other aerospace firms that the Ogden aerospace industrial sector is the right place to be.