ORLANDO, Fla., June 9, 2008 (PRIME NEWSWIRE) -- Gencor Industries, Inc. (Nasdaq:GENC) has been named one of Business Week's, The Top 50 Hot Growth Companies in the June 9, 2008 issue. The list recognizes companies with sales of $50 million to $1.5 billion that "...are trend-spotters and innovators,..." and who, as Business Week states, "They're smart. They're nimble. They made it to the top of this year's tough, new rankings by showing resilience in the face of a worsening economy." Criteria for the Business Week listing included sales and earnings growth and return on invested capital.
"We are honored that Business Week has recognized Gencor among the 50 Hot Growth Companies in the United States," said Gencor Chairman E.J. Elliott. "It is truly a testament to our dedicated employees and loyal customers to be recognized in this prestigious listing. Our strategic vision and strong financial position lay a solid foundation for future growth."
Gencor Industries is a diversified heavy machinery manufacturer for the production of highway construction materials, synthetic fuels and environmental control machinery and equipment used in a variety of applications. Additional information about Gencor can be found at www.gencor.com.