ORLANDO, Fla., July 24, 2008 (PRIME NEWSWIRE) -- Gencor Industries, Inc. (Nasdaq:GENC) today announced it has been included in Fortune Small Business ("FSB") magazine eighth annual list of the 100 fastest-growing, publicly-held small companies in the U.S.
Every year, the editors of FSB analyze public companies with annual revenues of less than $200 million and a stock price greater than $1. FSB rank companies based on growth in earnings per share, revenues, and stock performance over the past three years.
Mr. E.J. Elliott, Chairman and CEO of Gencor, said, "We are proud to receive the certificate commemorating our achievement along with being included in the feature list of the 100 fastest-growing publicly-held small companies in FSB's July/August issue. This is another example of the investment community recognizing our strong financial performance."
Gencor Industries, Inc. 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. This press release and our other communications and statements may contain "forward-looking statements," including statements about our beliefs, plans, objectives, goals, expectations, estimates, projections and intentions. These statements are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. For information concerning these factors and related matters, see our Annual Report on Form 10-K for the year ended September 30, 2007: (a) "Risk Factors" in Part 1, Item 1A and (b) "Management's Discussion and Analysis of Financial Position and Results of Operations" in Part II, Item 7. However, other factors besides those referenced could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. Any forward-looking statement made by us herein speaks as of the date of the press release. We do not undertake to update any forward-looking statement, except as required by law.