AmeraMex International Acquires Large Container Handlers
September 16 2013 - 10:00AM
Marketwired
AmeraMex International, Inc. (PINKSHEETS:
AMMX), a provider of heavy equipment for logistics companies
(stevedoring), infrastructure construction, commercial farming and
mining companies, announced that it has acquired 18 large capacity
container handlers for complete refurbishment and resale. Once
refurbished, the equipment is expected to generate gross sales of
$3 to $3.5 million during the fourth quarter of 2013 and the first
quarter of 2014.
The massive size of the equipment requires each container
handler be dismantled and, using three to four trailer trucks,
transported to the company's refurbishment center in Chico, CA.
This process will take approximately one month to complete while
the refurbishing will take place over several months. The company
already has interest from its customer base for the equipment.
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.
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.
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