DULUTH, MN -- Duluth leaders say a potential new lease with an aircraft maintenance company could mean 100 new jobs in the city.
At a special meeting Friday, the Duluth Economic Development Authority will consider leasing the hangar space formerly occupied by AAR, which closed earlier this year due to COVID-19.
Borsight, Inc. is considering signing the one-year lease.
The Utah-based company is bidding on a contract with the U.S. Air Force to do work on F-16 fighter jets. The contract is contingent on Borsight finding space to do the work.
The Air Force is expected to make a decision early next year.
According to the resolution on DEDA's agenda, Borsight would pay the city about $1.5 million to use the space for one year.
If approved, Borsight would have until the end of next March to move in and get to work.
KBJR 6 reached out to Borsight to learn more about their plans but we haven't heard back yet.
Cirrus is currently using a portion of the space to store planes and parts.