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AmeraMexInternational, Inc. (OTCQB: AMMX), a provider of heavy equipmentfor logistics companies ,infrastructure construction and forestry conservation , announced that it hasreceived a five- year rental agreement from the US military for $7.1million.
CEO Lee Hamrecommented,” We have been providing rental equipment to the USmilitary for several years. From a budget perspective, it is easierand faster for the department we work with to rent instead of purchaseequipment. We like rental agreements as they generate steady cash flowand, after an agreement expires, we refurbish the equipment, ifnecessary, and sell back into the open market.”
The five-year agreementis for six new Taylor Reach Stackers. This specific military base willuse the reach stackers to off-load incoming containers of equipmentand supplies from trucks and rail.
Taylor ReachStacker
For more information andpricing of equipment for the logistics, construction, and forestryindustries, or to book a demonstration of the First Green Company’sElectric’s 100 percent electric skid steer loaders, ASV Posti-Tractand Skid Steer Loaders, Menzi Muck Excavators, or a Magni TelescopicHandler, contact the AmeraMex/Hamre Equipment sales team at530.895.8955.
About AmeraMex International
AmeraMexInternational sells, leases and rents heavy equipment to companieswithin multiple industries including construction, logistics, mining,and lumber. AmeraMex, with a US and international customer base, hasover 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 andequipment videos.
Forward-LookingStatements
This press release contains forward-lookingstatements. All statements other than statements of historical factsincluded in this press release are forward-looking statements. In somecases, forward-looking statements can be identified by words such as"believe," "expect," "anticipate,""plan," "potential," "continue" or similarexpressions. Such forward-looking statements include risks anduncertainties, and there are key factors that could cause actualresults to differ materially from those expressed or implied by suchforward-looking statements. Investors are encouraged to review theCompany’s filings with the Securities and Exchange Commission.Investors should not place any undue reliance on forward-lookingstatements since they involve known and unknown, uncertainties andother factors which are, in some cases, beyond the Company’s controlwhich could, and likely will, materially affect actual results, levelsof activity, performance or achievements. Any forward-lookingstatement reflects the Company’s current views with respect tofuture events and is subject to these and other risks, uncertaintiesand assumptions relating to operations, results of operations, growthstrategy and liquidity. The Company assumes no obligation to publiclyupdate or revise these forward-looking statements for any reason, orto update the reasons actual results could differ materially fromthose anticipated in these forward-looking statements, even if addedinformation becomes available in the future.
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