Gencor Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt plants, hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components, as well as counter flow drum mix technology and batch plants. It also provides combustion systems for rotary dryers, kilns, fume and liquid incinerators, and fuel heaters; Hy-Way Heat and beverley lines of thermal fluid heat transfer systems, and specialty storage tanks; and asphalt pavers under the Blaw-Knox brand. In addition, the company services and sells spare parts for its equipment. It sells its products primarily to the highway construction industry through its sales representatives, and independent dealers and agents worldwide. The company was formerly known as Mechtron International Corporation and changed its name to Gencor Industries, Inc. in 1987. Gencor Industries, Inc. is based in Orlando, Florida.
Gencor Releases Third Quarter Fiscal 2026 Results
Gencor reported Q3 net revenue of $33.8 million, up from $27.0 million a year ago, with gross margins expanding 140 basis points to 27.9%.
Net income grew 48.5% to $5.7 million, or $0.39 per share, driven by higher gross profits and lower SG&A expenses, while operating income surged 85%.
The company achieved a record backlog of $79.2 million, triple the prior year, and holds $164.2 million in cash and marketable securities with no debt outstanding.