AmeraMex International Inc (OTCQB:AMMX) said it has received equipment orders totaling $1,415,000.
In a statement, the company's CEO Lee Hamre commented: “We are fortunate to have a diversified customer base and the ability to inventory heavy equipment, new and refurbished, to fulfill their needs. We consider this diversification an important company asset as it provides an extra layer of protection against inflation.”
Hamre will provide a company update in mid-December, AmeraMex said, with information pertaining to the conference call to be made available shortly.
READ: Ameramex International sees profit margins jump in 3Q on better product mix, cost containment
The company said the following equipment was shipped to customers throughout the West Coast, Midwest and the East Coast:
- A Caterpillar 925 Loaded Container Handler
- Taylor THDC-955 Loaded Container Handler
- Taylor 110,000 Capacity Forklift
- CVS 2018 Reach Stacker – Five High
AmeraMex has over 30 years of experience in heavy equipment sales and service. The company also buys used equipment and ships it to its refurbishing facility in Northern California, which renovates millions of dollars worth of used equipment and resells it to customers in the US and internationally.
Contact the author at jon.hopkins@proactiveinvestors.com