AmeraMex International Announces $5.6 Million Order

CHICO, CA / ACCESSWIRE / March 3, 2020 / AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received an order for a $5.6 million crane.

The order is for a Liebherr LHM 420 crane and is shipping to a logistics company located in Southern California. The LHM 420, manufactured by German-based Liebherr Group with two facilities in the US, is a mobile harbor crane that raises and lowers loads at up to 394 feet per minute. The crane has a maximum load capacity of 124 tons and handles up to 38 containers per hour with its hybrid drive. Applications of the crane include container handling, scrap handling, bulk handling, heavy lift, and general cargo operations.

AmeraMex CEO Lee Hamre commented, “Our customer has seen an increase in business and requires an additional crane that is versatile and can load/unload bulk freight quickly. This is new equipment, which takes longer to ship. Currently, the crane is expected to ship to the customer in September.

“This order brings our year-to-date sales to approximately $8.6 million. We still have a hefty backlog of potential orders and expect to have a great first quarter, added Hamre.”

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 information and equipment 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.

CONTACT: 

Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com

SOURCE: AmeraMex International, Inc.

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