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February 1, 2012

Paccar 4Q profit nearly doubles

BELLEVUE (AP) — Paccar Inc., which makes Peterbilt and Kenworth trucks, said Tuesday its fourth-quarter profit nearly doubled, boosted by a 58 percent jump in sales and revenue.

The Bellevue-based company earned $327.7 million, or 91 cents per share, up from $169.8 million, or 46 cents per share, in the same quarter a year earlier.


 
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