| Business Summary | | Gencor
Industries,
Inc.,
is
a
manufacturer
of
asphalt
plants,
remediation
and
combustion
equipment
and
process
machinery
and
equipment
for
grain
pelleting,
oil
seed
production,
sugar
production,
and
minerals
extraction.
These
products
are
manufactured
under
product
names
Bituma,
Genco,
HyWay,
H&B,
California
Pellet
Mill,
Roskamp-Champion,
and
Silver-Weibull.
The
Company
also
provides
a
wide
portfolio
of
pre-owned
equipment.
Gencor
also
produces
pelleting
machinery
for
the
processing
of
grains
to
scientifically
compound
animal
feeds
for
the
production
of
meat,
along
with
machinery
for
the
production
of
food
starches
and
mining
of
precious
metals.
In
addition,
Gencor
manufactures
machinery
for
the
production
of
frozen
orange
and
apple
concentrates,
as
well
as
machinery
for
remediation
of
contaminated
soils,
industrial
combustion
systems,
and
electronic
process
controls.
In
July
2001,
the
Company
announced
the
confirmation
of
its
Chapter
11
plan
for
reorganization. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gencor
Industries
Inc.
designs
and
manufactures
material
handling
equipment
primarily
utilized
in
the
asphalt,
agricultural
and
food
industries.
For
the
fiscal
year
ended
9/30/98,
revenues
increased
28%
to
$249.2
million.
Net
income
totalled
$15.1
million,
up
from
$6.9
million.
Revenues
benefitted
from
the
inclusion
of
sales
from
the
recent
acquisition.
Earnings
also
benefitted
from
a
decrease
in
R&D
expenses
as
a
percentage
of
sales,
and
increased
gross
profit. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998
Compensation | | Pay | Exer | |
| E Elliott, 69 Chairman
and Pres | $304K | $1.4M | John Elliott, 38 Exec.
VP, Director | 126K | 712K | David Brashears, 52 Sr.
VP of Technology | 113K | -- | D Garrett, 49 VP
of Sales | 144K | -- | Marc Elliott, 33 VP
of Marketing | -- | -- | Dollar
amounts are as of 30-Sep-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|