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.
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