CHICO, Calif. - AmeraMex International, Inc. (OTC:AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, entered into a Rent-to-Purchase Agreement netting over $288,000 during the life of the Agreement.
Under the terms of the Agreement, the Company’s customer will pay AmeraMex $12,000 per month for a loaded container handler. At the end of the Agreement, the customer has the option to purchase the equipment.
AmeraMex CEO Lee Hamre commented, “This is the second loaded container purchased by the customer and based on our conservation, the customer is considering the replacement of seven old container handlers with seven newly refurbished ones. We are providing a bid for the equipment.”