AmeraMex Fourth Quarter Shaping Up with $2.4 Million in New Orders

Rhea-AI Summary

AmeraMex International (OTC Pink: AMMX) has secured new equipment orders worth $2.4 million. The orders include a new Taylor Equipment XRS9972 Reach Stacker for a Utah logistics company, two refurbished Taylor Equipment XRS9972 Reach Stackers for a Southern California container yard, two LiuGong Excavators for a West Coast construction company, and a refurbished Taylor Equipment Empty Container Handler for an Oakland customer. CEO Lee Hamre expressed satisfaction with third-quarter revenue growth and anticipates a strong fourth quarter finish and positive outlook for 2025.

Positive

• Secured new equipment orders worth $2.4 million
• Strong Q3 revenue growth reported
• Geographic expansion with orders from multiple states
• Diversified customer base across logistics and construction sectors

Negative

• None.

News Market Reaction

-50.17%

1 alert

-50.17% News Effect

On the day this news was published, AMMX declined 50.17%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Chico, California--(Newsfile Corp. - November 25, 2024) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $2.4 million.

AmeraMex CEO Lee Hamre commented, "We are pleased with the revenue growth for our third quarter and nine-month period and are focusing on making our fourth quarter the best. We expect a strong finish for the year and based on customer input, a good 2025."

Orders for last week consisted of the following machines:

1. A new Taylor Equipment XRS9972 Reach Stacher. The Stacker is going to a logistics company in Utah. This logistics company specializes in managing the transportation of goods from one place to another efficiently and effectively via various modes of transportation, including road and rail.

Taylor Reach Stacker

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/231277_296c1e64c4535af0_001full.jpg

2. Two refurbished Taylor Equipment XRS9972 Reach Stackers shipping to a container yard in Southern California.
3. Two LiuGong Excavators shipping to a West Coast construction company.

LiuGong Excavator

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/231277_296c1e64c4535af0_002full.jpg

4. A refurbished Taylor Equipment Empty Container Handler shipping to a customer in Oakland, CA.

Taylor Empty Container

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10200/231277_296c1e64c4535af0_003full.jpg

For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the Firstgreen Industries' 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 OTC Markets. 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 the 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/231277

FAQ

What is the total value of new equipment orders received by AmeraMex (AMMX) in their latest announcement?

AmeraMex (AMMX) received equipment orders totaling $2.4 million.

What types of equipment were included in AmeraMex's (AMMX) recent $2.4 million orders?

The orders included a new Taylor Equipment XRS9972 Reach Stacker, two refurbished Taylor Equipment XRS9972 Reach Stackers, two LiuGong Excavators, and a refurbished Taylor Equipment Empty Container Handler.

Where are the new equipment orders from AmeraMex (AMMX) being delivered?

The equipment is being delivered to Utah, Southern California, West Coast, and Oakland, CA locations.