SOURCE: AmeraMex International

AmeraMex International

July 18, 2013 08:00 ET

AmeraMex International Receives $400,000 Order for Container Handlers

Company Has Submitted $2 Million Bid for Additional Container Handlers

CHICO, CA--(Marketwired - Jul 18, 2013) - AmeraMex International, Inc. (PINKSHEETS: AMMX), a provider of heavy equipment for logistics companies (stevedoring), infrastructure construction, commercial farming and mining companies, announced that it has received an equipment order totaling $400,000 for refurbished container handlers. The company also reported that it has submitted a $2 million equipment bid to a large port facility in the U.S. The bid is expected to be awarded the end of July 2013.

In addition to increased sales activity within the U.S., the company has purchased a package of used material handling equipment. This equipment will be refurbished at the company's Chico, Calif. facilities for resale. "Our ability to purchased packages of used equipment, which is refurbished to like new condition, is an effective means of increasing our profit margins along with our bottom line," said AmeraMex CEO Lee Hamre. "With the competitive nature of the equipment business, new equipment sold in the U.S. carries much lower margins then refurbished equipment."

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 International's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. AmeraMex, with customers in the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and maintains an inventory of 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.

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 Information

  • Investor and Media Relations
    McCloud Communications, LLC
    Marty Tullio
    Managing Member
    Office: 949.632.1900
    Email Contact