CHICO, Calif., Feb. 26, 2018 (GLOBE NEWSWIRE) -- AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, received multiple equipment orders from two West Coast customers totaling $665,000.
The equipment, which included loaded and empty container handlers along with a forklift, will ship during the first quarter
AmeraMex CEO Lee Hamre commented, “Our business prospects here and in Africa a good and we have booked just under a million dollars for the first two months of 2018. The first quarter is historically our slowest quarter as customers, generally for budget and tax purposes, will spend a high percentage of their capital expenditure budget in the second half of the calendar year. We expect customers’ confidence in the growing economy to remain strong, which should in turn will increase capital spending to purchase or enter into long-term equipment lease agreements.”
The company is on target with the 2017 audit. Management expects to hold its year-end conference call before the end of the first quarter. Two weeks prior to the conference call, a news release will be disseminated.
About AmeraMex
AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company also represents an inclusive product line of advanced performance tactical military vehicles from Oshkosh Defense, LLC. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional information and equipment videos.
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.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com