CHICO, Calif. - AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, received multiple equipment orders from two West Coast customers totaling $665,000.
The equipment, which included loaded and empty container handlers along with a forklift, will ship during the first quarter
AmeraMex CEO Lee Hamre commented, “Our business prospects here and in Africa a good and we have booked just under a million dollars for the first two months of 2018. The first quarter is historically our slowest quarter as customers, generally for budget and tax purposes, will spend a high percentage of their capital expenditure budget in the second half of the calendar year. We expect customers’ confidence in the growing economy to remain strong, which should in turn will increase capital spending to purchase or enter into long-term equipment lease agreements.”
The company is on target with the 2017 audit. Management expects to hold its year-end conference call before the end of the first quarter. Two weeks prior to the conference call, a news release will be disseminated.
