Company
OTCMKTS: AMMX
AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company has over 30 years of experience in heavy equipment sales and service.
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The provider of heavy equipment to logistics companies, construction firms, and US military installations said the orders are for two Taylor GT60 24-inch, Load Center Pneumatic Tire lift trucks
“We like rental agreements as they generate steady cash flow and, after an agreement expires, we refurbish the equipment, if necessary, and sell back into the open market," said AmeraMex founder CEO Lee Hamre
The California-based company recently revealed that it received heavy equipment orders for $1.9 million, which lifts total year-to-date sales to approximately $18 million
“We are just finishing our third quarter and as mentioned in our Second Quarter Financial Release, we had a $3 million backlog of equipment to ship this quarter in addition to our third quarter sales,” CEO Lee Hamre said
