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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 (OTCQB:AMMX) announced a new order worth $325,000 as of February 24, 2021. The company's year-to-date sales have reached $4.3 million. The order includes a 95,000-pound capacity Taylor THDC955 forklift and a 20,000-pound capacity Taylor T-250S forklift, set to ship to a Midwest dry port by the end of Q1. AmeraMex specializes in heavy equipment for logistics, construction, and forestry sectors, leveraging over 30 years of industry experience.
AmeraMex International, Inc. (OTCQB:AMMX) has launched its Corporate Overview and Presentation on the M-Vest website, an online investment bank connecting issuers, investors, and thought leaders. The presentation is accessible under Insights on M-Vest and more information about AmeraMex can be found on its website AMMX.net. The presentation does not represent an offer to buy or sell securities. AmeraMex has over 30 years of experience in heavy equipment sales for construction, logistics, mining, and lumber sectors.
AmeraMex International (OTCQB: AMMX) reported year-to-date sales totaling $4.0 million as of February 22, 2021. This follows the acquisition of equipment orders amounting to $990,280. Significant orders include an ASV RT-65 for a contractor in Northern California, a Taylor T1023 Wheel Loader under a rent-to-purchase agreement, and a refurbished 2018 Taylor XLC975 Container Handler for a Southern California port. AmeraMex specializes in providing heavy equipment across various sectors such as construction, logistics, and forestry.
AmeraMex International (OTCQB:AMMX) reported Y-T-D sales of $3.1 million as of February 18, 2021, following new equipment orders totaling $412,000. The orders include a refurbished Caterpillar D400E rock truck and two Taylor forklifts, one shipping to a California sawmill and another to a Midwest customer. These orders are expected to bolster sales and enhance operational capacity. The company, with over 30 years in heavy equipment, serves various industries including construction and logistics.
AmeraMex International (OTCQB:AMMX) announced equipment orders totaling $520,262, enhancing its position in the heavy equipment market. Orders include a refurbished Taylor TEC950L for a hay grower in Utah, a rent-to-own Taylor 1035 Loader for a sawmill, and a refurbished Taylor 160 forklift for a lumberyard in Northern California, all scheduled for shipment by the end of February. With over 30 years of experience, AmeraMex provides heavy equipment for various industries including construction and logistics.
AmeraMex International (OTCQB:AMMX) announced equipment orders of $140,000, including a refurbished 33,000-pound Taylor Forklift and a loaded Taylor container handler, both expected to ship this month. Earlier, a $270,000 Konacrane empty reach stacker was shipped to a customer. Year-to-date sales for 2020 have reached $13,128,900. With over 30 years in the industry, AmeraMex provides heavy equipment across various sectors, including construction and logistics. The company encourages investors to review its filings for forward-looking statements reflecting potential risks and uncertainties.
AmeraMex International (OTCQB:AMMX) reported total sales of $12,988,900 for 2020 and announced a new equipment order worth $145,000. The order includes an ASV RT-120 Forestry Model alongside essential attachments, like a mastication head and dozer blade, and will be shipped to a private landowner in Northern California. With over 30 years in the heavy equipment sector, AmeraMex provides machinery for logistics, construction, and forestry, supporting both US and international clients.
AmeraMex International reported Q3 2020 revenue of approximately $5.9 million, a 78% increase from Q3 2019's $3.3 million. Gross profit fell to $0.809 million from $1.2 million a year earlier, a decline attributed to increased costs. For the nine-month period, revenue was $9.1 million, down from $11.2 million in 2019, with a net loss of approximately $(0.508) million compared to a gain of $0.255 million the previous year. The company’s balance sheet showed increased assets, but total liabilities rose by $3.3 million, driven by a $5.2 million line of credit.
AmeraMex International (OTCQB:AMMX) has announced equipment orders totaling $215,000. The orders include a Taylor Machine T-180 forklift to a sawmill in Northern California, a Hyster H-300H forklift for a container yard in Southern California, and an ASV-120 track loader for a forestry company in Northern California. With over 30 years in the industry, AmeraMex sells and leases heavy equipment across various sectors, including construction and logistics. The company encourages investors to review SEC filings for detailed insights and forward-looking statements regarding business activities.
AmeraMex International (OTCQB:AMMX) has announced its 2020 third quarter conference call scheduled for November 13 at 10:00 a.m. PT. The company is facing a challenge as its bid price has been below $0.01 for over 30 days, failing to meet the OTCQB Standards. To maintain its listing, AmeraMex must achieve a minimum closing bid price of $0.01 for at least ten consecutive trading days within a 90-day cure period, ending January 27, 2021. For more details, visit AMMX.net.