AmeraMex International, Inc. (OTC Pink: AMMX) is a diversified heavy machinery and equipment supplier to the construction, logistics, mining, and lumber industries. In addition, the company also supplies components and products to tactical military vehicles. Shares of the heavy equipment distributor are climbing 25.42%, through early trading on Wednesday, November 1, 2017. Over the past month, AmeraMex International, Inc. has seen average daily volume of 879,975 shares. However, volume of 3.8 million shares or dollar volume of $23,940, has already exchanged hands through early trading on Wednesday.
Shares of AmeraMex International, Inc. are rallying today, after the company announced that it has received a $335,000 rental purchase order for a loaded container handler. The client company is located out of Alaska and will be have the equipment by December 1, 2017. Here is the full press release detailing of the rental purchase agreement:
AmeraMex International, Inc. Press Release:
CHICO, Calif., Oct. 30, 2017 (GLOBE NEWSWIRE) — AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, received a rental purchase agreement for a loaded container handler. The value of the agreement is $335,000. The equipment will ship December 1, 2017.
The customer, a worldwide logistics company located in Alaska, entered into its first rental purchase agreement with AmeraMex June 2, 2017. The agreement was valued at approximately $335,000. The Company’s sales and marketing team is in discussions with the customer for two additional loaded container handlers.
About AmeraMex International, Inc.
AmeraMex International, Inc. 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.