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AmeraMex International Announces Orders Totaling $335,000

Thursday, 12 March 2020 10:00 AM

AmeraMex International, Inc.

CHICO, CA / ACCESSWIRE / March 12, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $335,000.

The orders are for the following equipment:

  1. A new ASV RT 120 that is shipping to a customer in Northern California involved in forestry conservation. The ASV, which has several attachments numerous jobs, is in inventory and will ship before the end of March.
  2. A second new ASV RT 120 is also shipping to a customer involved in forestry conservation. The customer, located in Northern California, will take delivery before the end of the month. The company expects to receive an order for another ASV by the end of this week.
  3. The third order is for a refurbished Taylor Equipment forklift. The equipment will ship before the end of the week to a repair shop servicing heavy-duty industrial equipment. The customer is in California.

AmeraMex International, Inc., Thursday, March 12, 2020, Press release picture

ASV 120F

AmeraMex CEO Lee Hamre commented, "This order brings our year-to-date sales to approximately $9 million - all shipping this year. Our total revenue was $9.8 million in 2018. We have a significant backlog and closing any one of the orders will give us a substantial first quarter."

About AmeraMex International

AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. 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.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor and Media Relations

McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or [email protected]

SOURCE: AmeraMex International, Inc.

Topic:
Company Update
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