AMERAMEX INTL INC (U-AMMX) - News Release AmeraMex's Heavy Equipment Division Books Six New Orders
2006-12-05 05:00 ET - News Release
CHICO, Calif. -- (Business Wire)
While touring the new Terex facility in Memphis TN., Mr. Lee Hamre, President of AmeraMex International, (Pink Sheets:AMMX), announced additional sales of Terex equipment. “We are excited about closing six new orders for Terex equipment. Terex has given us the ability to be very competitive not only with price but also on delivery. Some of our new customers are here with me touring this new facility and our extremely impressed with the quality of the machines being built and assembled here.”
In addition to the container handling equipment sales booked and announced last week, Hamre Equipment, AmeraMex International’s heavy equipment subsidiary, has booked another 3 million of the 9 million promised. “It is amazing how strong we are ending this year,” Mr. Hamre commented.
AmeraMex is continuing to discuss a large gravel mining and loading contract in South America. These sales would enable AmeraMex to exceed there sales forecasts for ’07. Mr. Hamre will be working especially hard to complete this deal. “There are a lot of components that need to come together for gravel to start moving into Houston and New Orleans. I am talking with everybody involved at least twice a week and so far we haven’t hit an unmovable roadblock yet,” Mr. Hamre explained.
Recently AmeraMex International completed its merger with Hamre Equipment, a 30-year-old company. AmeraMex International now sells heavy equipment through the Hamre Equipment Division into many sectors of our economy including port operations, heavy construction, light construction, mining, and all types of earth moving. For additional information see WWW.AMMX.NET.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Contacts:
AmeraMex International Inc. Warren Murphy or Susan Anderson, 1-800-540-AMMX (2669) (Investor Relations)
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