SOURCE: AmeraMex International

AmeraMex International

December 23, 2015 08:00 ET

AmeraMex International Ships Orders for Approximately $741,000

CHICO, CA--(Marketwired - Dec 23, 2015) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, announced that it has shipped two orders totaling approximately $741,000.  

An order for $166,000 shipped to a sawmill in South Dakota. The shipment contained two Taylor TX-220 forklift trucks previously leased to an Army base for five years. The second shipment is an export order totaling $574,500 for used container handlers.

AmeraMex CEO Lee Hamre commented, "With this shipment we expect to meet our profitability goal for the quarter and exceed our fourth quarter revenue projection of $5 million. We are also pleased to announce our eighth consecutive profitable quarter," added Hamre.  

According to Hamre, while the company has yet to receive a Letter of Credit from a customer in Mali, the equipment currently on site is performing as expected and LCs from the company have taken an exceptionally long time.

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, with customers in the Americas, Africa, Asia and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories 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 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.

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