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AMMX Ameramex International Inc (PK)

0.133
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ameramex International Inc (PK) USOTC:AMMX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.133 0.106 0.175 0.00 15:14:15

AmeraMex International Receives Equipment Orders Totaling $925,000

18/03/2014 2:00pm

GlobeNewswire Inc.


Ameramex (PK) (USOTC:AMMX)
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AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, commercial farming and mining companies, announced that it has received multiple equipment orders totaling approximately $925,000.

The first order for refurbished loaded container handlers accounted for $400,000. The handlers are in inventory and will ship in two weeks to a customer in Mexico. An additional order for a refurbished loaded container handler, which accounted for $175,000, will ship to a second customer also in Mexico. AmeraMex CEO Lee Hamre commented, "We are also pleased to receive a $350,000 order for new high capacity forklifts going one of our sawmill customers here in Northern California.   This is a strong indication that the core business we lost in the 2008 down-turn of the economy is beginning to experience growth." 

Hamre continued, "While new equipment doesn't carry the margins of refurbished used equipment, it does give us the opportunity to purchase the old equipment from our customers, refurbish it and resell to other customers in the U.S. or internationally. It is a win, win for all."

The company also announced that management will be leaving March 19, 2014 for Niger to discuss infrastructure projects.

About AmeraMex International

AmeraMex International sells, leases and rents heavy equipment to companies within four industries:  construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex, with customers in the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment. For more information visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

CONTACT: Investor and Media Relations
         McCloud Communications, LLC
         Marty Tullio, Managing Member
         Office: 949.632.1900
         Marty@McCloudCommunications.com

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