Boeing to sign long-term lease for Renton airport

RENTON, Wash. (AP) - Officials from The Boeing Co. and the city of Renton plan to sign a 40-year lease for the aerospace company to use Renton Municipal Airport, next to Boeing's 737 assembly plant.

A city news release says the signing ceremony will take place Wednesday.

Industry analysts have speculated that Boeing might consider a new assembly plant for any plane to succeed the workhorse 737. But company officials say they are committed to the plant south of Seattle for a long time.

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