AmeraMex International Acquires Large Container Handlers
September 16 2013 - 10:00AM
OTC Markets
AmeraMex International Acquires Large Container Handlers
AmeraMex International Acquires Large Container Handlers
Sales Value of Equipment Estimated at $3+ Million
CHICO, CA--(Marketwired - Sep 16, 2013) - 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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