Welcome to our dedicated page for Ameramex Intl news (Ticker: AMMX), a resource for investors and traders seeking the latest updates and insights on Ameramex Intl stock.
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 recent orders totaling $78,000 and a six-month Rent-to-Purchase Agreement worth $99,000. The orders include utility trucks and a hay squeeze, with equipment shipping to various locations in California. The rental agreement is for a refurbished Taylor Container Handler at $16,500 per month, with a potential purchase price of $535,000 after six months. These transactions indicate a steady demand for heavy equipment in logistics and agriculture sectors.
AmeraMex International (OTCQB:AMMX) announced a successful sale of spare parts and scrap exceeding $569,000. CEO Lee Hamre reported a significant rebound in equipment sales in Q3, especially after COVID-19 impacted earlier quarters. The company expects continued strong performance as it enters Q4, indicating a busy period ahead. AmeraMex specializes in heavy equipment sales and leases across various sectors including construction and forestry conservation, with over 30 years of industry experience.
AmeraMex International (OTCQB:AMMX) announced on October 2, 2020, that it has received equipment orders worth $215,900. The orders include yard trucks and a Kalmar forklift, which are scheduled for shipment this quarter.
With over 30 years in the industry, AmeraMex focuses on providing heavy equipment for logistics, construction, and forestry sectors. The company offers sales, leasing, and rentals of new and refurbished equipment to both domestic and international clients.
AmeraMex International (OTCQB:AMMX) announced a 50:1 reverse stock split approved by shareholders on September 29, 2020, to enhance market appeal. The split aims to address concerns from fund managers regarding the company's share price below $1 and facilitate investment interest. CEO Lee Hamre emphasized the necessity of this move to improve the company's attractiveness to investors and to support an upcoming corporate market awareness campaign. The action will take effect post filing with the Nevada Secretary of State, contingent upon SEC approval.
AmeraMex International (OTCQB:AMMX) reported third-quarter sales of $5.9 million for the period ending September 28, 2020. The company announced a new equipment order valued at $535,000, comprising a Taylor Machine XLC-975 loaded container handler for a Southern California client. This machine features advanced diagnostics and is suitable for various applications including port operations. AmeraMex specializes in sales, leasing, and rental of heavy equipment across multiple industries, boasting over 30 years of experience.
AmeraMex International (AMMX) announced third-quarter sales of $5.4 million through September 16, 2020. The company secured a $350,000 equipment order for a low-hour Taylor Machine TXI-650 forklift with a capacity of 65,000 pounds, which will be delivered to a Midwest construction company. With over 30 years of experience, AmeraMex serves various industries, including construction and forestry. The press release also contains forward-looking statements highlighting risks and uncertainties impacting future performance.
AmeraMex International (OTCQB:AMMX) reported sales of $5 million for Q3 2020 as of September 14. The company announced a significant equipment order worth $595,000, which includes a refurbished Konecrane empty container handler and two Taylor Machine forklifts, intended for a container yard in California. AmeraMex engages in the sale, leasing, and rental of heavy equipment across various sectors, highlighting over 30 years of industry experience.
AmeraMex International (OTCQB:AMMX) has successfully closed two equipment orders worth $131,500. The first order includes an ASV Track Loader RT-120 for a Northern California mulching company, while the second consists of two UTR yard trucks for an almond grower in California. Both deliveries are scheduled before the end of the third quarter on September 30, 2020. AmeraMex specializes in selling, leasing, and renting heavy equipment across various sectors, including construction and logistics, with over 30 years of experience.
AmeraMex International, Inc. (OTCQB:AMMX) announced equipment orders totaling $268,000. The orders include two ASV Track Loader RT-120s and three UTR yard trucks. The RT-120s will be delivered to a construction company and a forestry conservation company, while the UTR trucks will go to a commercial farming business. All equipment is scheduled for delivery before the end of the third quarter, September 30, 2020. With over 30 years of experience, AmeraMex operates in multiple sectors including construction and logistics.
AmeraMex International (OTCQB:AMMX) announced a significant equipment order worth $110,000, comprising an ASV Track Loader RT-120 Forestry. This loader, designed for various applications in logistics, construction, and forestry conservation, boasts an operating capacity of 3,745 pounds and a tipping load of 10,700 pounds. The machine is set to be delivered by September 30, 2020, to a commercial rancher in Northern California. This order underscores AmeraMex's ongoing commitment to serving multiple industries effectively.