AmeraMex International Lands Orders Totaling $1.1 Million
Rhea-AI Summary
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.
Positive
- Secured new orders totaling $1.1 million
- Parts Department sold an additional $170,000 in parts
- Expanded sales team with experienced industry professional
- Launched television and print marketing campaign
- Expecting strong performance in Q3 and Q4
Negative
- None.
News Market Reaction
On the day this news was published, AMMX gained 26.67%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Chico, California--(Newsfile Corp. - August 20, 2024) - AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has secured orders totaling
AmeraMex CEO Lee Hamre commented, "We are enjoying an uptick in customer quotes and RFPs this quarter and have recently brought another salesperson on board with industry experience to expand the sales team. Additionally, we recently launched a television and print campaign targeting various geographical locations. With all this activity and an additional salesperson, we expect to report a strong third and fourth quarter. In addition to
According to Hamre, the following pieces of equipment were sold:
- A Taylor Equipment loaded container handler was sold to a customer in the steel industry.
Taylor Equipment loaded container handler
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https://images.newsfilecorp.com/files/10200/220509_75730cce146deafb_001full.jpg
- Two Taylor Equipment 36,000-pound capacity forklifts were sold to the US government.
Taylor Equipment forklift
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https://images.newsfilecorp.com/files/10200/220509_75730cce146deafb_002full.jpg
- A truck and lowbed were sold to a customer in forestry conservation.
Truck and lowbed
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For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the First Green Company's Electric'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/220509
FAQ
What is the total value of recent orders received by AmeraMex International (AMMX)?
What types of equipment were sold in the recent $1.1 million orders for AMMX?
How much did AmeraMex International's (AMMX) Parts Department sell recently?
What new marketing initiatives has AmeraMex International (AMMX) launched recently?
