Press ReleaseSource: AmeraMex

AmeraMex Receives $330,000 Order From Singapore Distributor
Tuesday April 29, 2008 10:00 am ET

CHICO, CA--(MARKET WIRE)--Apr 29, 2008 -- AmeraMex International, Inc. (Other OTC:AMMX.PK - News), a provider of heavy equipment to shipping, construction, logging and mining companies, today announced that it received a $330,000 order for empty-container handlers from its heavy equipment distributor in Singapore. The order is scheduled to ship in June 2008.

The $330,000 order is for container handlers with the capacity to stack empty 40 ft. containers in storage facilities belonging to logistics companies, which provide the manpower and equipment to load and offload ships dockside. Once the containers are unloaded, the container handlers will allow stevedores to stack the empty containers, up to eight high, to increase storage capacity at shipping docks, rail yards and trucking terminals.

"We are pleased to be working with a network of heavy equipment distributors in Saudi Arabia, Dubai, Nigeria, Egypt, Vietnam, Russia, Central America and Mexico," said Lee Hamre, AmeraMex CEO and president. "Our network of international heavy equipment distributors provides AmeraMex with qualified distribution channels for resale of pre-owned equipment into markets supporting the growing needs of developing countries, and provides our customers an avenue to dispose of older equipment currently being replaced with EPS Tier lll compliant equipment."

"We have been in business for over thirty years and are looking at what we believe to be a record year for revenue," commented AmeraMex CFO Warren Murphy. "Based on order backlog and our pipeline of potential orders, we are on track to increase revenue by over 30 percent for the year and report a profitable second quarter. We expect to remain profitable for the remainder of 2008 and beyond," added Murphy.

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, mining, and logging. AmeraMex's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. AmeraMex, with customers in North America, South America, 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.


Contact:
     Media and Investor Contact:
     Marty Tullio
     McCloud Communications LLC
     949.553.9748
     Email Contact
      

Source: AmeraMex


Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.