AmeraMex International Ships $65,000 Order to Saudi Arabia
AmeraMex Expands Into Middle East and Africa
CHICO, CA--(Marketwire - February 22, 2008) - AmeraMex International, Inc. (PINKSHEETS: AMMX),
a provider of heavy equipment to shipping, construction, logging and mining
companies, today announced that it is beginning to ship refurbished
equipment to heavy equipment distributors located in Saudi Arabia. The
initial shipment is for approximately $65,000. Saudi Arabia is a free
trade zone (FTZ), which allows the equipment to enter the country tariff
free. Equipment distributors located in FTZs have a considerable price
advantage when marketing equipment to developing countries.
"Our work with international heavy equipment distributors provides AmeraMex
with distribution channels for resale of pre-owned equipment into markets
with far less competition," said Lee Hamre, AmeraMex CEO and president.
"In addition to Saudi Arabia, we are working with companies in Dubai,
Nigeria and Egypt to form centralized locations within the countries for
distribution into developing nations. This allows us to acquire pre-owned
equipment from our customers to make way for new equipment that meets EPA
emission control regulations.
"Over the next few months we will be contacting heavy equipment
distributors in several countries, including Vietnam and Singapore, in an
attempt to further expand our presence in Indonesia," added Hamre.
About AmeraMex International
AmeraMex International sells, leases, and rents heavy equipment to
companies within four industries: construction (light and infrastructure),
shipping, mining, and logging. AmeraMex's largest product line is
specialized container handling equipment that enables stevedoring companies
to quickly and efficiently load and offload container and general freight
ships dockside. AmeraMex, with customers in North America, South America,
Asia, and Eastern Europe, has over 30 years of experience in heavy
equipment sales and service and inventories top-of-the-line equipment from
manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment.
For more information, visit the AmeraMex website, www.AMMX.net.
Contact Information: Media and Investor Contact:
Marty Tullio
McCloud Communications LLC
949.553.9748