AmeraMex International Receives Order Totaling $625,000

Rhea-AI Summary

AmeraMex International (OTCQB:AMMX) reports a $625,000 equipment order, elevating year-to-date sales to $5.3 million. The order includes a 2019 Taylor XLC975 loaded container handler, set for delivery to a Southern California port by end of Q1 2021. CEO Lee Hamre emphasized a recovery in sales activity post-COVID, optimistic about future performance based on outstanding RFPs. The company sells, leases, and rents heavy equipment across various industries.

Positive

• Year-to-date sales reach $5.3 million.
• Received a significant order of $625,000.
• Anticipated continued sales growth based on strong RFPs.

Negative

• None.

Fiscal Y-T-D Sales Total $5.3 Million

CHICO, CA / ACCESSWIRE / March 10, 2021 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received a $625,000 equipment order driving year-to-date sales over $5.3 million.

The order is for a 2019 Taylor XLC975 loaded container handler designated for shipping by the end of the first quarter to a port located in Southern California. AmeraMex CEO Lee Hamre commented, "While the first two quarters of 2020 were severely affected by COVID, the last two quarters saw a recovery that has continued into the first quarter of 2021. Based on the number of outstanding RFPs and ongoing sales activity, not only are first quarter sales exciting but the remainder of the year looks exceptional."

Taylor XLC975

Taylor Loaded Container Handlers are designed to handle Loaded Containers stacked up to 6-High. Common applications include, but not limited to, Port Operations, Stevedoring & Container Yards, Intermodal. Taylor has been designing and manufacturing Container Handlers since 1966.

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. 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 corporate information, online heavy equipment inventory/ pricing and 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 important 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 new 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

SOURCE: AmeraMex International, Inc.

View source version on accesswire.com:
https://www.accesswire.com/634546/AmeraMex-International-Receives-Order-Totaling-625000

FAQ

What was AmeraMex International's recent sales figure?

AmeraMex International reported year-to-date sales totaling $5.3 million.

How much is the equipment order AmeraMex received?

AmeraMex received an equipment order worth $625,000.

What equipment did AmeraMex order?

AmeraMex ordered a 2019 Taylor XLC975 loaded container handler.

Where will the equipment ordered by AmeraMex be shipped?

The equipment will be shipped to a port in Southern California.

What does CEO Lee Hamre say about the company's sales outlook?

CEO Lee Hamre indicated a recovery in sales activity and is optimistic about future performance.