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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.

Founded in 1990

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ameramex international (AMMX) Key Developments

AmeraMex International, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2014

AmeraMex International, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended Sep. 30, 2014. For the quarter, the company reported sales of $2,245,371, net income from operations of $330,228, net income of $317,006 compared to sales of $1,367,355, net income from operations of $116,548, net income of $112,629 a year ago. For the nine months, the company reported sales of $6,123,527, net income from operations of $623,180, net income of $598,013 compared to sales of $3,112,122, net income from operations of $252,597, net income of $430,825 a year ago.

AmeraMex International, Inc. - Shareholder/Analyst Call

To provide an update for shareholders and members of the financial community

AmeraMex International, Inc. Provides Update on $200 Million Agreement with the Niger Government

AmeraMex International, Inc. provided an update pertaining to a $200 million agreement with the Niger government. Under the terms of the agreement the company will supply trucks and trailers for construction contractors involved with government contracts. Over half of the trucks and trailers had received the required signed contract and agreement for the down payment. Based on conversations with the Niger government, the remaining trucks and trailers are projected to have signed contracts and agreements before the end of the year. The receipt of these documents by the funding organization should result in the funding of the Niger Agreement. Once the agreement has been signed, company will receive an initial payment and an ongoing revenue flow when each shipment of trucks arrives in Niger. The trucks and trailers will begin shipping from the Chinese manufacturer within approximately four to five weeks after the manufacturer receives the initial deposit from the funding source. This agreement provides for the trucks to ship over a three year period. There is expected to be six shipments of approximately 300 trucks for estimated total of 1,800 trucks.


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