Contact Information: Media and Financial Contact: Marty Tullio McCloud Communications LLC 949.553.9748
AmeraMex International Receives $3.4 Million Order for Large Capacity Forklifts
Order Expected to Ship by the End of the Year
| Quelle: AmeraMex International
CHICO, CA--(Marketwire - July 25, 2007) - AmeraMex International, Inc. (PINKSHEETS : AMMX ),
a provider of heavy equipment to stevedoring, construction, logging and
mining companies, announced today that it has received a $3.4 million order
for 11 large capacity forklifts (break bulk handling equipment) from one of
the largest stevedoring companies in the United States. The entire order
of forklifts is scheduled for delivery by the end of the year. AmeraMex
does not disclose a customer's name without prior approval.
"According to a November 2006 article by Randall Parker entitled, Economics
Globalization, since 1995 imports have risen from 12 percent of gross
domestic product to about 17 percent of GDP," commented AmeraMex President
and CEO Lee Hamre. "This growth has required stevedoring companies to
purchase additional equipment to expedite the loading and offloading of
ships. In addition to expanding their dock-side stevedoring equipment,
companies within the United States have been charged by the Environmental
Protection Agency (EPA) with lowering the emissions associated with the
equipment, such as container handlers and forklifts, within the dock areas
and are replacing it with equipment that is Tier III EPA compliant. All
new equipment shipped by AmeraMex after January 2007 meets the new
emissions regulations," added Hamre."
Break bulk handling equipment is used for the transportation of
non-containerized goods onto and off of ships. The most significant single
factor contributing to the total cost of transport of goods and materials
by sea lies in cargo-handling expense. Reducing the manual handling of
break bulk cargo significantly reduces the total cost of transporting
goods.
About AmeraMex International
AmeraMex International carries a large inventory of heavy equipment, which
it sells, leases, and rents to a variety of industries, including the
stevedoring, heavy construction, light construction, logging and mining
industries. AmeraMex's largest product line is specialized container
handling equipment for stevedoring companies that load and offload ships --
from container ships to cruise lines and fishing fleets. AmeraMex has over
30 years of experience in heavy equipment sales and service and carries
top-of-the-line equipment from manufacturers such as Taylor Machine Works
Inc., Terex Heavy Equipment, and Barko Hydraulics.
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.