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ameramex international (AMMX) Details

AmeraMex International, Inc. provides heavy equipment to high growth industries, such as heavy construction, surface mining, infrastructure, logging, shipping and transportation. It offers a range of equipment, including front end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, wheel loaders, trucks, and trailers. The company also maintains a line of equipment for the loading and off-loading of shipping containers from ships coming in and going out of ports up and down the West Coast of the United States; and equipment inventory for infrastructure development, including road construction and land development projects. It has operations in the United States, Africa, Canada, Indonesia, Germany, Singapore, Vietnam, China, Russia, Central America, and Mexico. AmeraMex International, Inc. was incorporated in 1990 and is based in Chico, California.

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ameramex international (AMMX) Key Developments

AmeraMex International, Inc. Replaces Memorandum of Agreement with Contract for Signature by Niger's Ministry of Transportation

AmeraMex International, Inc. is providing an update to the Memorandum of Agreement between Niger's Ministry of Transportation and the company. Management spent five days in China with three representatives from Niger's Ministry of Transportation and management of a Chinese vehicle manufacturer reviewing truck models and specifications as outlined in the company's proposal to Niger for approximately 3,000 trucks. The order is valued at approximately $300 million over a thirty-six month period.

AmeraMex International, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

AmeraMex International, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, sales were $2,836,114 against $830,473 a year ago. Net income from operations was $206,998 against net loss from operations of $114,310 a year ago. Net income was $204,572 against loss of $121,574 a year ago.

AmeraMex International Enters Into Memorandum of Agreement with the Niger Republic's Ministry of Transportation

AmeraMex International, Inc. announced that it has entered into a Memorandum of Agreement (MOA) with Niger's Ministry of Transportation to provide trucks for the Vehicle Renewal of Public Transport Project. AmeraMex was selected as it has significant experience in the heavy equipment industry along with the technical and financial capacity to discharge the project in accordance with the specifications, terms and references defined by the Ministry of Transportation. Under the terms of the MOA, three representatives from Niger's Ministry of Transportation and two representatives from AmeraMex international will meet in China to review the truck models and specifications as outlined in AmeraMex's proposal to provide 'tropicalized' vehicles for both Nigerien carriers and trucks for the Public Transport program. It is estimated that approximately 3,000 trucks will be shipped from a Chinese manufacturer over a three-year period. With a successful due diligence, the next logical step will be a written agreement between Niger's Ministry of Transportation and AmeraMex International.


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