AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment for logistics companies, announced that it has received a $500,000 order for container handlers. The equipment will ship before the end of July.
AmeraMex CEO Lee Hamre commented, “We recently purchased 21 used container handlers for refurbishment in our Chico, CA facility. We have already received our first order for some of the handlers and will ship to our customer later this month. Refurbished container handlers acquired from customers/logistics companies replacing existing equipment is a large part of our business. The resale of refurbished equipment is extremely profitable for AmeraMex and because the demand is growing, we are spending $460,000 to expand our refurbishing facilities."