Sales for 2020 Currently Total $12,843,900
CHICO, CA / ACCESSWIRE / December 7, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $515,000.
The first order is for a refurbished Taylor Machine TX-175 Forklift. The equipment is shipping to a lumber mill on the West Coast before the end of the year.
The second order is for a Taylor XRS-9972 Reach Stacker. The equipment is in inventory and will ship to a port on the West Coast before the end of the year.
.
The third order is for a new Taylor GT60 Forklift shipping to a construction company in Northern California. The forklift will ship in 2021.
AmeraMex CEO Lee Hamre commented, "Including today's sale for $515,000, sales for the year total $12.8+ million. This has been an extremely difficult year for our target markets which reflects in our sales, revenue, and bottom-line numbers for 2020. Unfortunately, we have had orders delayed/canceled that would have allow the Company to surpass internal sales/revenue projections. Over the past three completed years, our compounded annual revenue growth rate (CAGR) was 15.05 percent."
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional corporate information, online heavy equipment inventory/ pricing and videos.
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
SOURCE: AmeraMex International, Inc.
View source version on accesswire.com:
https://www.accesswire.com/619709/AmeraMex-International-Inks-515000-in-Equipment-Orders
