AmeraMex International Inc. Substantially Expands Operations in Baja Mexico.Business Editors LAS VEGAS--(BUSINESS WIRE)--Aug. 5, 2003 AmeraMex International Inc. (Pink Sheets:AMMX): Howard Behling, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. announced today that AmeraMex will start logging operations in the Sierra San Pedro Martir area, approximately 100 miles south of its current operations. This area is rich in high grade timber and will expand the Company's ability to fulfill much larger export orders. AmeraMex has worked in areas where Louisiana Pacific Corp. (NYSE NYSE See: New York Stock Exchange :LPX LPX Louisiana Pacific (stock symbol) LPX Leipzig Power Exchange LPX Low Profile Extended LPX Long-Pulse Experiment LPX Low Profile Extension ) and Boise Cascade Boise Cascade Holdings, LLC, which uses the trade name Boise, is an American pulp and paper company, ranked as the thirteenth largest forest products company in the world. Corp. (NYSE:BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. ) once had operations. It has taken the Company over three years to obtain permits and agreements for the Martir area. This week, equipment will be relocated and logging will begin immediately. The Company can remove up to 3.3 million board feet from this area by year end under existing permits, with an additional 20,000,000 board feet over the next year. The Company is concentrated on removing the dead and dying trees. AmeraMex has been the first company to export timber by rail from Baja California Baja California, state, Mexico Baja California (Span.: bä`hä kälēfōr`nyä), state (1990 pop. 1,660,855), 27,628 sq mi (71,576 sq km), NW Mexico, on the Baja California peninsula. Mexicali is the capital. to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and is considered to be the largest in operation in the Baja California, Norte Mexico area. AmeraMex's area of concentration begins near Ensenada, Mexico and stretches to over 100 miles to the South. The Company has received a high demand for its products in both the local and export markets. AmeraMex continues to develop other markets; i.e. the manufacturing of pallets and dimensional lumber. AmeraMex International Inc. has recently moved from a "development stage company" to a production company. The Company is currently negotiating with several groups to fund additional equipment necessary to expand its operations. AmeraMex is very excited with these new contracts, the additional timber, and the ability to operate in two areas at once. The Management of AmeraMex International expects a gross profit from this area of approximately $400,000.00 before year end. The Management believes that this is only the beginning as plans to log from this area can last for the next twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. . AmeraMex is active in providing jobs for the local communities and works closely with the Mexican government agencies to help preserve and protect their forests for generations to come. More information can be found on AmeraMex's Web site: http://www.ammx.net Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Notice: The statements in this press release, relating to matters that are not historical are forward-looking statements which involve risks and uncertainties including, without limitation, economic and competitive conditions in the market served by the Company affecting the demand for the Company's products, product pricing, market acceptance, access to distribution channels, availability of new financing, and other risks detailed from time-to-time in the Company's press releases. These risks could cause actual results to differ materially from those anticipated and described herein. |
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