Tuesday, April 26, 2022 8:35:51 AM
FOR IMMEDIATE RELEASE
4 million dollar floorplan agreement
Plus - 10 million dollar line if credit
AmeraMex International Receives Orders Totaling $515,000
CHICO, CA April 27, 2022 – AmeraMex International, Inc. (OTCQB: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $515,000 which brings year-to-date sales up to $8.5 million.
The order consisted of three Taylor THDC 955 Container Handlers shipping to a port on the West Coast.
THDC 955
AmeraMex CEO Lee Hamre commented, “While demand for logistics/port-side equipment continues to expand, the Company is beginning to see an increased demand for heavy construction equipment as building projects are funded and finishing the approval cycle making them ‘shovel-ready’.
“We have secured floorplan financing totaling $4 million from Magni and Northpoint. Additionally, we expect to acquire a $10 million line-of-credit to help finance the expansion of our heavy equipment inventory before the end of April.”
For more information and pricing of equipment for the logistics, construction, and forestry industries, or to book a demonstration of the Kovaco Electric’s 100 percent electric skid steer loaders, ASV Posti-Tract and Skid Steer Loaders, Menzi Muck Excavators or a Magni Telescopic Handler, contact the AmeraMex/Hamre Equipment sales team at 530.895.8955.
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