AmeraMex
International Awarded Accumulative Bids of $500,000 from Central America
Company
purchases container handlers with $1 million retail value
CHICO, CA, July 2, 2014 – AmeraMex International, Inc. (OTC: AMMX), a
provider of heavy equipment for logistics companies (stevedoring/shipping),
infrastructure construction, commercial farming and mining companies, was
awarded accumulative bids 0f $500,000 to provide refurbished container handlers
to Central American customers. The ‘empty’
container handlers, capable of stacking containers five high in a storage yard,
have shipped to the customers.
AmeraMex
CEO Lee Hamre commented, “We have had great success in providing our customers in
Central and South America with refurbished equipment. Our profit margins are higher for refurbished
equipment and it allows our customers to purchase equipment in ‘like new’
condition to support their expansion and meet their budget restraints. To continue expanding our inventory, we
recently purchased a group of loaded equipment handlers with a resale value of
approximately $1 million and are bidding on another group of used container
handlers.”
Hamre
continued, “We have had many inquiries regarding the status of the Niger
agreement. The agreement was signed and
paperwork generated to the financing group and a Niger bank for final
approval. We have received verbal
commitments from the Niger bank and expect to receive the commitment letter
(AmeraMex and funding organization) shortly. With final approval from the
funding organization, the Agreement will be executed. We will issue a news release as soon as the
final funding milestone has been met.”
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.
Investor and Media Relations
McCloud
Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
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