News about the receipt of new orders is almost always seen as a major positive by the markets, and as a consequence, it would not be a surprise if the AmeraMex International Inc. (OTC: AMMX) stock comes into focus today. In this feature, we are going to take a much closer look into the latest situation.
The Announcement
The company, which is involved in supplying heavy equipment to diverse sectors, was in the news cycle last Friday after it announced the receipt of equipment orders with the cumulative value north of $1 million. In the news release, the company announced that orders received by the company consisted of a pair of Taylor Equipment Reach Stackers for customers based out of Idaho in short-term rentals. Another unit of the same equipment was shipped to a customer based out of Mexico.
Further Details
The company went on to note that the modern and versatile machines were crucial to the world of modern-day logistics. They make sure that a range of goods are transported precisely and efficiently across the different stages of the supply chain. In light of the order, it would be interesting to see if the AmeraMex International stock gets any traction this week or not.
