AmeraMex International (OTCQB: AMMX) sells, rents, and leases heavy equipment to a wide variety of industries, including construction, mining, infrastructure, logging, logistics, transportation, forestry conservation and commercial farming.

AmeraMex International Inc. has three business units, Hamre Equipment Company (which includes Hamre Equipment Acquisition), Hamre Heavy Haul Industry, and Hamre Parts and Service. Over the past 30 years, AmeraMex International Inc. has grown from a used forklift dealer in Northern California to a publicly traded company offering a wide variety of heavy equipment for sale, lease or rent to companies in the United States, as well as companies located in Africa, Canada, Central America and Mexico.

AmeraMex International Inc. business units are authorized dealers for quality manufacturers, such as Taylor Machine Works, Terex Heavy Equipment, ASV Holdings, Barko, Magni Telescopic Handlers and Kovaco Electric Steer Skid Handlers. The company carries a large inventory of front end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, trucks and trailers. AmeraMex International Inc. maintains a complete maintenance organization, which includes a large parts inventory and service department, complete with steam cleaning services, sand blasting and paint shop.

Expansion of new equipment lines
Penetrate existing customer base by adding new equipment lines that complement current equipment lines, e.g., cranes for ports which complement container handlers. Expand into new, high-growth markets by adding new lines of equipment. This was recently done by adding forestry conservation equipment. This strategy boosts organic growth.

Sales and marketing
Additional management and sales personnel, particularly in Central America, to expand the Company’s international and territorial reach.

Merger/acquisition
AmeraMex has identified a handful of potential merger/acquisition candidates but has not entered into a definitive agreement with a merger candidate and may never enter into an agreement to acquire another company. A good merger or acquisition would expand territorial reach for sales and service as well as product lines. This can also be accomplished by acquiring small rental/sales equipment companies.

The Company has a large equipment refurbishing facility in Northern California and they refurbish millions of dollars worth of used equipment annually to resell. Purchasing used equipment and reselling it makes up approximately 80% of the Company’s sales. The Company carries a complete inventory of container handling equipment for logistics companies and heavy equipment for logging, surface mining, construction, transportation, forestry conservation, and infrastructure projects.

Hamre Equipment is an authorized dealer for Taylor Machine Works, Barko Hydraulics, ASV Holdings, Kovaco Electric Steer Skid Handlers, Genie and Terex. As such, they rent, lease or sell a wide range of equipment, including front-end loaders, scrapers, excavators, backhoes, rock trucks, container handlers, log loaders, forklifts, trucks and trailers, as well as a full inventory of spare parts for each line of equipment.

AmeraMex also recently signed sales agreements with Magni, an Italian lift manufacturer, and JCB, an American manufacturer of heavy equipment, thus adding them into their portfolio of available products to help build up America and beyond.

As we emerge from Covid and the world economy focuses on growth again, AmeraMex is well positioned to help make that happen, and provide shareholder value as a result.

Industrial Markets

The logistics industry provides an expanding market for AmeraMex. Ports, wet and dry, along with distribution centers are hubs for import and export of goods, a $5.5+ trillion industry just within the US, the world’s second largest importer after the EU. Sales of container handlers, loaded and unloaded, generate approximately 50 percent of the Company’s revenue. Continued expansion of dry ports and distribution centers across the US has created a demand for container handlers and heavy-duty forklifts. These distribution centers and dry ports require the ability to store, track and maneuver shipping containers. By incorporating containerization into downstream transportation and upstream supply chain workflows, companies can improve asset utilization, use fewer trucks, drive fewer miles, reduce fuel costs, and enhance distribution center operations.

In addition to the logistics industry, AmeraMex’s product lines target forestry conservation, construction, mining, the lumber industry and commercial agriculture. The Company is successful in these high-growth markets.

Global Markets

Africa is on the move and according to McKinsey Seven Company’s report, ‘Lions on the Move: The Progress and Potential of African Economies,’ Africa’s combined Gross Domestic Product will be $2.6 trillion by 2020. The report further states,

In 2019, Sub-Saharan Africa’s GDP grew at approximately 4.5%, making it the fastest-growing economic zone in the world, outpacing Asia’s regional average of 4.3% annual growth. Growth in exporting/importing, infrastructure projects, mining, oil production and farming has created a critical demand for both new and refurbished equipment.   This presents a considerable opportunity for AmeraMex, where gaining a small percentage of the overall business would equate to millions of dollars of annual revenue. AmeraMex believes opportunities in African provide excellent growth potential.