AmeraMex
International Receives Equipment Orders Totaling $925,000
Orders in core businesses
indicate customers are experiencing revived growth
CHICO, CA – March 18, 2014 – 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.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900
Marty@McCloudCommunications.com
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