CHICO, CA--(Marketwired - Nov 21, 2016) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, received three equipment orders totaling $1,250,000 for the week of November 14, 2016.
The equipment included three Menzi Muck excavators for an infrastructure construction company in California; a container handler for an inland dry port in Southern California; and ten bomb carts for a port located in Florida. With the exception of two Menzi Muck excavators, all of the equipment will be delivered before the end of 2016. The remaining two excavators will be delivered in the first quarter of 2017.
AmeraMex CEO Lee Hamre commented, "Our fourth quarter is shaping up to be a solid quarter as the proposal pipeline is approximately three million dollars. As we mentioned in an October news release, a number of the proposals were for equipment from our newest dealership agreement with Swiss manufacturer, Menzi Muck. This is the fourth Menzi excavator sold this quarter. Again, I encourage our shareholders to watch the Menzi Muck video on our website, www.AMMX.net -- equipment with amazing capabilities.
According to CFO Tracie Hannick, the company expects to have the signed audit in the hands of the company's securities attorney by the end of the week so they may begin developing the Form 10 for submission to the SEC.
About AmeraMex International
AmeraMex International, a TRACE certified company, sells, leases and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping logistics, mining and commercial farming. AmeraMex has over 40 years of experience in heavy equipment sales and service and a customer base in the Americas, Africa, Asia and Eastern Europe. AmeraMex inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc., Terex Heavy Equipment, Barko Hydraulics, Menzi Muck AG and Genie. For more information, visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com.
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.