AmeraMex International Awarded Accumulative Bids of $500,000 From Central America
July 02 2014 - 10:42AM
AmeraMex International, Inc. (OTC:AMMX), a
provider of heavy equipment for logistics companies
(stevedoring/shipping), infrastructure construction, commercial
farming and mining companies, was awarded accumulative bids of
$500,000 to provide refurbished container handlers to Central
American customers. The 'empty' container handlers, capable of
stacking containers five high in a storage yard, have shipped to
the customers.
AmeraMex CEO Lee Hamre commented, "We have had great success in
providing our customers in Central and South America with
refurbished equipment. Our profit margins are higher for
refurbished equipment and it allows our customers to purchase
equipment in 'like new' condition to support their expansion and
meet their budget restraints. To continue expanding our
inventory, we recently purchased a group of loaded equipment
handlers with a resale value of approximately $1 million and are
bidding on another group of used container handlers."
Hamre continued, "We have had many inquiries regarding the
status of the Niger agreement. The agreement was signed and
paperwork generated to the financing group and a Niger bank for
final approval. We have received verbal commitments from the
Niger bank and expect to receive the commitment letter (AmeraMex
and funding organization) shortly. With final approval from the
funding organization, the Agreement will be executed. We will
issue a news release as soon as the final funding milestone has
been met."
About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment
to companies within four industries: construction (light and
infrastructure), shipping logistics, mining and commercial farming.
AmeraMex, with customers in the Americas, Africa, Asia and Eastern
Europe, has over 30 years of experience in heavy equipment sales
and service, and inventories top-of-the-line equipment from
manufacturers such as Taylor Machine Works Inc. and Terex Heavy
Equipment. For more information visit the AmeraMex website,
www.AMMX.net or www.hamreequipment.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), and as such, may involve risks and
uncertainties. Forward-looking statements, which are based on
certain assumptions and describe future plans, strategies, and
expectations, are generally identifiable by the use of words such
as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements
relate to, among other things, expectations of the business
environment in which the Company operates, projections of future
performance, potential future performance, perceived opportunities
in the market, and statements regarding the Company's mission and
vision. The Company's actual results, performance, and achievements
may differ materially from the results, performance, and
achievements expressed or implied in such forward-looking
statements.
CONTACT: Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900
Marty@McCloudCommunications.com
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