CHICO, CA--(Marketwire - Apr 15, 2011) - AmeraMex International, Inc. (
AmeraMex CEO Lee Hamre commented, "We are please to get the project underway and the feasibility study is the first step. Conservatively, we believe the first and second phase of this project could generate orders in excess of $50 million over an 18 to 24 month period following the successful completion of the feasibility study."
Hamre noted that the company's commodities division could begin shipping coffee beans within the next few weeks if the Ivory Coast's political unrest continues to diffuse. "Our goal is to reach breakeven by the first quarter of 2012 and the commodities division will play a significant role in helping us reach this goal," added Hamre.
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, mining and agriculture. AmeraMex's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. 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,