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Manufacturing & engineering

AmeraMex International secures more than $515,000 in equipment orders amid rising demand

AmeraMex International (OTCQB:AMMX) said it has won equipment orders totalling more than $515,000 which are expected to ship before the end of the third quarter.

The company’s CEO Lee Hamre said in a statement that the company is seeing increased interest in the purchase or rental of heavy equipment from its target markets, including logistics companies, forestry conservation, construction, agricultural, and wood products.

The first order, being shipped to a customer in Mexico, is for a Taylor Equipment Forklift with a 95,000-pound capacity.

The second order is for a Menzi Muck M540 Telescopic Handler, shipping to a Canadian customer.

The Menzi Muck’s unique design allows each leg or wheel to be raised or lowered, extended or retracted, or moved in or spread out, allowing the operator to adjust the working base to match changes in the angle of terrain, AmeraMex highlighted.

The third order is for a road paver and a rock crusher to be used for a construction project in Mexico.

AmeraMex International (OTCQB:AMMX) sells, leases and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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