AmeraMex International Inks Orders Totaling $600,000

Rhea-AI Summary

AmeraMex International (OTC Pink: AMMX), a heavy equipment provider, secured equipment orders worth $600,000. The orders include a refurbished Taylor Loaded Container Handler, two new LiuGong 5,000-pound capacity Forklifts, a refurbished Taylor TE520 Forklift, a refurbished Hyster H450 Empty Container Handler, a refurbished Hyster H400 Empty Container Handler, and a refurbished Taylor TE360 Forklift. The equipment is expected to ship by the end of Q2.

Additionally, AmeraMex is delivering the first of six reach stackers valued at $900,000 each to the US government this week. The company specializes in logistics, infrastructure construction, and forestry conservation.

Positive

• Secured $600,000 in equipment orders.
• Delivering six reach stackers to the US government valued at $900,000 each.
• Orders include a mix of refurbished and new equipment, indicating robust demand.
• AmeraMex has over 30 years of experience in heavy equipment sales and service.
• Successful diversification in logistics, construction, mining, and lumber industries.

Negative

• The $600,000 order may not significantly impact overall revenue given company size.
• Potential delays in shipping equipment by end of Q2 could affect revenue recognition.
• Heavily reliant on government contracts which may affect business stability.

Chico, California--(Newsfile Corp. - May 17, 2024) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it was awarded equipment orders totaling approximately $600,000.

According to AmeraMex President Brian Hamre, the equipment is expected to ship by the end of the second quarter. In addition to today's orders, the Company is delivering the first of six new reach stackers to the US government this week. These reach stackers are valued at $900,000 each.

The equipment orders consisted of the following equipment:

• A refurbished Taylor Loaded Container Handler
• Two new LiuGong 5,000-pound capacity Forklifts

LiuGong Forklift

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/209595_770e84ca54ae39a6_001full.jpg

• One refurbished Taylor TE520, 52,000-pound capacity Forklift
• One refurbished Hyster H450 Empty Container Handler
• One refurbished Hyster H400 Empty Container Handler

Hyster H400 Empty Container Handler

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/209595_770e84ca54ae39a6_002full.jpg

• One refurbished Taylor TE360 Forklift

For more information and pricing of equipment for the logistics, agricultural, construction, and forestry industries, or to book a demonstration of the First Green Industry's 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.

AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company 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.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are key factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if added information becomes available in the future.

Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209595

FAQ

What recent orders did AmeraMex International secure?

AmeraMex International secured equipment orders totaling $600,000.

What types of equipment are included in AmeraMex's recent orders?

The orders include refurbished Taylor and Hyster forklifts and new LiuGong forklifts.

When will AmeraMex ship the recent equipment orders?

The equipment is expected to ship by the end of the second quarter.

What is the value of the reach stackers AmeraMex is delivering to the US government?

Each reach stacker is valued at $900,000.

Which industries does AmeraMex International serve?

AmeraMex serves logistics, infrastructure construction, and forestry conservation industries.