AmeraMex International Inc (OTCQB:AMMX) announced that it has received equipment orders totaling $540,000.
“The year is shaping up to be another great year for AmeraMex,” CEO Lee Hamre said in a statement.
“We are pleased that with rising inflation and interest rates along with the daily fluctuation in the stock market, sales are good, our profit margins are improved and our stock, which is undervalued, is being noticed by new investors.”
READ: Ameramex International sees profit margins jump in 3Q on better product mix, cost containment
The company said the following equipment was shipped to customers throughout the West Coast:
- Taylor THDC-955 Loaded Container Handler;
- Taylor 110,000 Pound Capacity Forklift; and
- Taylor TECSIP-155 Empty Container Handler
AmeraMex has over 30 years of experience in heavy equipment sales and service. The company also buys used equipment and ships it to its refurbishing facility in Northern California, which renovates millions of dollars worth of used equipment and resells it to customers in the US and internationally.
Contact the author at stephen.gunnion@proactiveinvestors.com