CHICO, Calif., July 21, 2017 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, and tactical vehicles for military organizations, received a $100,000 order for a Taylor Forklift from a Virginia-based lumber company, which will ship this month, and a $108,000 order for bomb carts from a customer in the Philippines.
According to AmeraMex CEO Lee Hamre, “Earlier this month the Company acquired a small fleet consisting of 15, one-year old Taylor forklifts with a retail value of approximately $1.2 million. This week the Company received rental agreements on four of the forklifts ranging from six months to 24 months. The total revenue is approximately $500,000 - $240,000 for the six-month period and $288,000 for the 24-month period.”
AmeraMex is expecting purchase orders for four additional forklifts from a Southern California customer.
About AmeraMex
AmeraMex International sells, leases and rents top-of-line heavy equipment to companies within multiple industries including construction (light and infrastructure), logistics, mining, and sawmill. The company has added an inclusive product line from Oshkosh Defense, LLC, of advanced performance tactical military vehicles marketed to certain African countries. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. For more information and/or heavy equipment, 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.