FOR IMMEDIATE RELEASE: December 17, 2021 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the fourth quarter of 2021 increased 91.7% to $20.0 million compared to $10.5 million for the quarter ended September 30, 2020. The increase in net revenues reflected improved orders from prior year in anticipation of a new, broad infrastructure bill to replace the FAST Act, which…

FOR IMMEDIATE RELEASE: August 11, 2021 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $24.9 million for the quarter ended June 30, 2021 compared to $22.9 million for the quarter ended June 30, 2020.  Gross margins for the quarter ended June 30, 2021 were 22.5% compared with 23.5% for the quarter ended June 30, 2020.  During the quarter ended June…

FOR IMMEDIATE RELEASE: May 14, 2021 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $21.4 million for the quarter ended March 31, 2021 compared to $26.0 million for the quarter ended March 31, 2020. Gross margins for the quarter ended March 31, 2021 were 28.8% compared with 28.2% for the quarter ended March 31, 2020. During the quarter ended March…

FOR IMMEDIATE RELEASE: February 12, 2021 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $19.0 million for the quarter ended December 31, 2020 compared to $18.0 million for the quarter ended December 31, 2019.  There were no revenues generated by the Blaw-Knox paver product line during the quarter ended December 31, 2020, as the facility was being readied to begin…

FOR IMMEDIATE RELEASE: December 18, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2020 decreased 27.8% to $10.5 million compared to $14.5 million for the quarter ended September 30, 2019. The decrease in revenues reflects a decline in orders from prior year as the impact of the Fixing America’s Surface Transportation Act (the “FAST…

FOR IMMEDIATE RELEASE: August 6, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $22.9 million for the quarter ended June 30, 2020 compared to $18.8 million for the quarter ended June 30, 2019.  Gross margins were 23.5% for the quarter ended June 30, 2020 compared to 25.2% for the quarter ended June 30, 2019, as the gross profit margins…

FOR IMMEDIATE RELEASE: July 31, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) has announced that it has signed an agreement to acquire the Blaw-Knox paver business and associated assets from Volvo CE.  The Blaw-Knox business, name, and associated assets will transfer to Gencor, including the manufacturing production line currently located at Shippensburg Pennsylvania. The deal, which is expected to be finalized in Gencor’s…

FOR IMMEDIATE RELEASE: May 4, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $26.0 million for the quarter ended March 31, 2020 compared to $26.7 million for the quarter ended March 31, 2019.  Gross margins for the quarter ended March 31, 2020 were 28.2% compared with 37.2% for the quarter ended March 31, 2019.  The gross margins achieved in…