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…

FOR IMMEDIATE RELEASE: January 31, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $18.0 million for the quarter ended December 31, 2019 compared to $21.3 million for the quarter ended December 31, 2018.  Gross margins were 24.0% for the quarter ended December 31, 2019 compared to 23.1% for the quarter ended December 31, 2018. The improved gross margins resulted…

FOR IMMEDIATE RELEASE: December 11, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2019 decreased 29.5% to $14.5 million compared to $20.5 million for the quarter ended September 30, 2018.  Gross profit as a percentage of net revenue decreased to 19.6% for the quarter ended September 30, 2019 from 31.8% for the quarter ended…

FOR IMMEDIATE RELEASE: August 2, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $18.8 million for the quarter ended June 30, 2019 compared to $24.1 million for the quarter ended June 30, 2018.  Gross margins were 25.2% for the quarter ended June 30, 2019 compared to 26.6% for the quarter ended June 30, 2018, as the benefit from the…

FOR IMMEDIATE RELEASE: May 3, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $26.7 million for the quarter ended March 31, 2019 compared to $30.8 million for the quarter ended March 31, 2018. Gross margins increased 880 basis points to 37.2% for the quarter ended March 31, 2019 from 28.4% for the quarter ended March 31, 2018, as a…

FOR IMMEDIATE RELEASE: February 1, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $21.3 million for the quarter ended December 31, 2018 compared to $23.1 million for the quarter ended December 31, 2017.  Gross margins were 23.1% for the quarter ended December 31, 2018 compared to 22.0% for the quarter ended December 31, despite higher raw material costs, as…

FOR IMMEDIATE RELEASE: December 13, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2018 increased 10.7% to $20.5 million compared to $18.6 million for the quarter ended September 30, 2017.  Gross profit as a percentage of net revenue increased to 30.9% for the quarter ended September 30, 2018 from 19.7% for the quarter ended…