AmeraMex Receives Two
Equipment Orders for $525,000
CHICO, CA –November 30, 2017 – AmeraMex International, Inc. (OTC:
AMMX), a provider of heavy equipment for logistics companies, infrastructure
construction, and tactical military vehicles, received two equipment orders totaling $525,000.
The orders are for Taylor Equipment container handlers and forklifts,
which are in inventory. The equipment
will ship to a container yard in Salt Lake City, UT and to a small equipment
rental business in Arkansas.
To date the company has recorded $7.3 million in equipment sales, $2.5
million in rental/rental-to-purchase agreements and $1.8 million five-year
rental agreement with the US government.
According to AmeraMex CEO Lee Hamre, “Our equipment sales goal was
$10.0 million for 2017. While we may miss our equipment sales goal, we substantially
increased cash flow with rental revenue and a maintenance agreement that began
November 1, 2017.
“During the month of December we have an opportunity to potentially book
another half million in equipment sales since companies can take a 50 percent bonus
depreciation as a tax write off if the equipment is purchased before the end of
AmeraMex International sells, leases and rents
heavy equipment to companies within multiple industries including construction,
logistics, mining, and lumber. The
company also represents an inclusive product line of advanced performance
tactical military vehicles from Oshkosh Defense, LLC. AmeraMex, with a US and
international customer base, has over 30 years of experience in heavy equipment
sales and service. Follow AmeraMex on
Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
Except for the
historical information contained herein, statements discussing sales or revenue
projections are forward-looking and made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, as amended. These
statements involve risks and uncertainties that could cause actual results to
differ materially from any forward-looking statements made herein.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com