Amerex Group Intends to Sell Pryor, OK Property
13 Agosto 2007 - 2:50PM
PR Newswire (US)
NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Amerex Group, Inc.
(OTC:AEXG) (BULLETIN BOARD: AEXG) , the New York based hazardous
waste transportation and logistics firm is announcing they are
putting their Pryor, Oklahoma property up for sale for $3,000,000.
Since the purchase of the property in 2006, 1,000 tons of stainless
steel, 41 tons of copper and 4,000 tons of carbon steel will have
been removed. This process is expected to be completed by September
6, 2007. Proceeds from the salvage of these materials have exceeded
the purchase price of the property and asbestos removal costs, as
planned. The Company is also on schedule to complete the abatement
of asbestos which is a prerequisite to negotiate a favorable price
in selling the property. Nicholas Malino, CEO of Amerex Group
states, "We were fortunate that two great neighbors, in the form of
Google and Pepsico are moving into the industrial park near the
Pryor facility, and have caused significant increases in value to
the nearby properties." About Amerex Group Amerex Group, Inc. is a
hazardous waste transportation and logistics firm with capabilities
to provide emergency response to environmental emergencies. The
Company has multiple facilities including a hazardous waste
treatment, storage and disposal facility licensed under the
Resource Conservation and Recovery Act Part B and a trucking fleet
to transport hazardous waste throughout the USA. Amerex is
headquartered in New York City with its administrative headquarters
in Tulsa, OK. DATASOURCE: Amerex Group, Inc. CONTACT: Nicholas
Malino of Amerex Group, Inc., +1-212-508-4754; or Investors, Connie
Schadewitz of Catalyst Financial Resources, LLC, +1-360-828-8601,
for Amerex Group, Inc. Web site: http://www.amerexcos.com/
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