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AmeraMex International, Inc. (OTC Pink: AMMX) is frequently featured in news coverage for its activity in the heavy equipment market. The company’s releases highlight equipment orders, rental activity, and financial results tied to logistics companies, infrastructure construction, forestry conservation, mining, lumber, and related industrial sectors. AmeraMex describes itself as a premier provider of new and refurbished heavy equipment serving the logistics, construction, and industrial markets, with a mix of electric and diesel-powered machinery.
News about AmeraMex often focuses on new equipment orders and sales packages involving container handlers, forklifts, excavators, wheel loaders, telehandlers, and electric skid steer loaders sourced from manufacturers such as Taylor Machine Works, LiuGong North America, Magni, First Green Industries, ASV, CMI, and others. These updates provide insight into demand from ports, dry ports, distribution centers, sawmills, agriculture, forestry conservation, manufacturing, and warehouse operations.
AmeraMex also issues periodic financial updates, including unaudited quarterly and year-to-date results. These releases break down revenue from equipment sales and rentals and leases, discuss gross margins, and offer commentary from management on market conditions, customer behavior, and order pipelines. Shareholder updates describe expectations for revenue trends, profitability, and the role of refurbished equipment and rental fleets in the company’s performance.
Investors and industry observers following AMMX news can use this stream of announcements to monitor equipment order volumes, the balance between new and refurbished machinery, the adoption of electric heavy equipment, and the company’s exposure to logistics and infrastructure projects. Regular news items also shed light on AmeraMex’s strategic partnerships with equipment manufacturers and its efforts to serve both domestic and international markets.
AmeraMex International (OTC Pink: AMMX) has completed the installation of six new Taylor Equipment Reach Stackers at a US Military facility, fulfilling a $6.6 million contract announced in June 2024. The six-year agreement will generate approximately $6.6 million in revenue for the company. CEO Lee Hamre stated that at the contract's end, the reach stackers will be resold to new customers.
Additionally, AmeraMex has received new orders totaling $325,000 for two Taylor Equipment forklifts: a 92,000 pound-capacity forklift for a Colorado customer and a 28,000 pound-capacity forklift for a Northern California customer.
The Taylor Equipment Reach Stackers are versatile machines capable of handling various container types, with a telescopic boom allowing for high-stacking capabilities and a 20-40 ISO Container Handling Attachment.
AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment, participated in the Timber Processing & Energy Expo held September 25-27 in Portland, Oregon. The expo brought together over 110 exhibitors and 1,200 attendees from 35 states and 15 countries, representing various wood-related industries.
AmeraMex's booth featured the Taylor X-300S Lumber Lift, designed for sawmills with a 30,000-lb lift capacity. CEO Lee Hamre expressed optimism about potential orders, stating, "Based on the interest in the X-300S, I expect we will have our first order later this month." The X-300S retails for approximately $290,000.
The company offers equipment for logistics, construction, and forestry industries, including electric skid steer loaders, excavators, and telescopic handlers. AmeraMex has over 30 years of experience in heavy equipment sales and service.
AmeraMex International (OTC Pink: AMMX) has received orders totaling approximately $960,000. The company is introducing Firstgreen Industries' electric skid steer loaders in California, benefiting from the state's Clean Off-Road Equipment Voucher Incentive Program (CORE). Six additional Firstgreen Industries' electric skid steer loaders were ordered this week.
Firstgreen's electric skid steers offer up to 9 hours of runtime on one battery or 24 hours with battery swapping. The company offers nine models across four lines, including remote-controlled options. Key models include the Elise 700, 900, and 1200, with load capacities ranging from 1,500 to 2,600 pounds.
AmeraMex also sold an ASV Holdings' RT-50, a mid-sized compact track loader. The company provides equipment for logistics, construction, and forestry industries.
AmeraMex International (OTC Pink: AMMX) has received orders totaling $1.1 million for heavy equipment. The orders include a Taylor Equipment loaded container handler modified for steel coils, two LiuGong 36,000-pound capacity forklifts, a Taylor 92,000-Pound Capacity Forklift, and a Firstgreen Industries' Electric Skid Steer Loader. CEO Lee Hamre highlighted California's Clean Off-Road Equipment Voucher Incentive Program (CORE), which provides cash rebates for zero-emission construction machinery, potentially boosting sales of electric equipment. AmeraMex, with over 30 years of experience, serves industries including construction, logistics, mining, and lumber.
AmeraMex International (OTC Pink: AMMX) has secured orders totaling $760,000 for heavy equipment. The orders include a mix of new and refurbished equipment sold to customers in the natural gas, construction, and manufacturing industries. Specific items sold include:
- A Taylor Equipment 6,000-pound capacity forklift
- A Magni Telescopic Handler
- A Taylor Equipment Wheel Loader
- A LiuGong 7,000-pound capacity forklift
- An ASV-70 Skid Steer Loader
CEO Lee Hamre stated that the third and fourth quarters continue to look strong. AmeraMex specializes in selling, leasing, and renting heavy equipment to various industries, including construction, logistics, mining, and lumber.
AmeraMex International (OTC Pink: AMMX) has secured orders totaling $1.1 million for heavy equipment. The company, which serves logistics, infrastructure construction, and forestry conservation sectors, reported the following sales:
- A Taylor Equipment loaded container handler to a steel industry customer
- Two Taylor Equipment 36,000-pound capacity forklifts to the US government
- A truck and lowbed to a forestry conservation customer
Additionally, AmeraMex's Parts Department sold nearly $170,000 in parts. CEO Lee Hamre noted an uptick in customer quotes and RFPs, the addition of a new salesperson, and the launch of a television and print campaign. The company expects strong third and fourth quarters as a result of these initiatives.
AmeraMex International (OTC Pink: AMMX) reported strong financial results for Q2 and H1 2023. Q2 revenue increased 65% to $3.8 million, with gross profit surging to $2.6 million. The company achieved a net income of $1.0 million in Q2, compared to a net loss in the same period last year. For H1 2023, revenue grew 29% to $7.1 million, with gross profit up 60% to $2.4 million. Earnings per share for Q2 and H1 were $0.07 and $0.04, respectively.
The balance sheet showed improvements, with current assets increasing by $1.1 million and total assets by $4.0 million. The company will host a conference call on August 16, 2024, to provide a shareholder update.
AmeraMex International (OTC Pink: AMMX), a provider of heavy equipment for logistics, infrastructure construction, and forestry conservation, has announced a conference call to discuss its financial results for Q2 and H1 2024. The call is scheduled for August 16, 2024, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).
Key details:
- Dial-in number: 1.201.689.8560 for both U.S. and international callers
- Audio replay available from August 16, 3:00 p.m. ET to August 30, 11:59 p.m. ET
- Replay number: 1.412.317.6671, pin 13748314
This call provides an opportunity for investors to gain insights into AmeraMex's performance and future outlook.
AmeraMex International (OTC Pink: AMMX) has announced $600,000 in new equipment orders. The sale includes a refurbished Taylor Equipment Empty Container Handler and two Taylor Equipment 52,000-pound capacity forklifts. The container handler will be shipped to the West Coast in early August, while the forklifts are destined for a Southern California customer by the end of July.
CEO Lee Hamre expressed satisfaction with the orders, emphasizing the company's commitment to providing high-quality, reliable equipment. AmeraMex International specializes in heavy equipment for logistics, infrastructure construction, and forestry conservation, offering sales, leasing, and rental services with over 30 years of industry experience.
AmeraMex International (OTC Pink: AMMX), a supplier of heavy equipment for logistics, infrastructure construction, and forestry conservation, announced orders totaling $1.2 million. These include two refurbished Taylor Equipment Reach Stackers, destined for a customer in Montreal, and a Taylor Equipment T-520 Forklift ordered by a customer in Massachusetts. The T-520 Forklift, with a 52,000-pound lifting capacity, offers features including diesel operation, pneumatic tires, and over 10 feet of lifting capability. The Reach Stackers are versatile, equipped with a telescopic boom and multiple container-handling capabilities.
AmeraMex has over 30 years of experience in the heavy equipment sector, providing sales, leasing, and rental services to various industries such as construction, logistics, mining, and lumber.