$AMMX AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, received an equipment order from West Coast customer totaling $520,000.
The equipment, which included loaded container handlers and forklifts, will ship from inventory before the end of the quarter.
AmeraMex CEO Lee Hamre commented, “We expect to book another half million dollars bringing the total sales to approximately $2.2 million for the first quarter. Equally important as receiving orders, is shipping them. This quarter we will ship over $750,000 in heavy equipment from orders booked earlier this year and expect to ship another $750,000 in the second quarter of 2018.
“As our first quarter is historically our slowest quarter, we are pleased to see existing and new customers increase their capital spending. Our projected growth for 2018 in due to a strong economy and a positive business outlook within our target markets.”
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. A news release will be disseminated later this week with the conference call date and call-in information.
AmeraMex International sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company also represents an inclusive product line of advanced performance tactical military vehicles from Oshkosh Defense, LLC. 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.
Except for the historical information contained herein, statements discussing sales or revenue projections are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from any forward-looking statements made herein.
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