-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IvrzD8eDyV0qYSGxD0UwXXzM+SzrnMGeSQikBIGqVzStNqbbOpkzy5jGq5NCOfUt 4yHBmfUeynOjpEI1kGBgTw== 0001021408-01-503454.txt : 20010717 0001021408-01-503454.hdr.sgml : 20010717 ACCESSION NUMBER: 0001021408-01-503454 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010711 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010716 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENCOR INDUSTRIES INC CENTRAL INDEX KEY: 0000064472 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] IRS NUMBER: 590933147 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11703 FILM NUMBER: 1682525 BUSINESS ADDRESS: STREET 1: 5201 N ORANGE BLOSSOM TRAIL CITY: ORLANDO STATE: FL ZIP: 32810 BUSINESS PHONE: 4072906000 MAIL ADDRESS: STREET 1: 5201 N ORANGE BLOSSOM CITY: ORANLANDO STATE: FL ZIP: 32810 FORMER COMPANY: FORMER CONFORMED NAME: MECHTRON INTERNATIONAL CORP DATE OF NAME CHANGE: 19880128 FORMER COMPANY: FORMER CONFORMED NAME: MECHTRON GENCO CORP DATE OF NAME CHANGE: 19720411 FORMER COMPANY: FORMER CONFORMED NAME: MECHTRON CORP DATE OF NAME CHANGE: 19690909 8-K 1 d8k.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K -------------------- CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 11, 2001 -------------------- GENCOR INDUSTRIES, INC. -------------------- Incorporated Commission IRS Employer In the State of File Number ID Number Delaware 0-3821 59-0933147 5201 NORTH ORANGE BLOSSOM TRAIL, ORLANDO, FLORIDA 32810 (407) 290-6000 ITEM 5. OTHER EVENTS July 11, 2001- Gencor Industries, Inc., Orlando-based manufacturer of industrial machinery equipment ("Gencor" or the "Company"), announced today the confirmation of its Chapter 11 plan for reorganization by the Honorable Karen S. Jennemann in the United States Bankruptcy Court for the Middle District of Florida. The plan provides for 100% repayment to all creditors and vendors without dilution to equity. Gencor's Chairman, E.J. Elliott stated, "We are extremely pleased to have confirmed our Chapter 11 plan of reorganization, particularly in light of the many challenges which confronted the Company during the case. Looking ahead, we are encouraged by the Company's prospects. The Company is well-positioned in its core markets and possesses the key resources necessary to be the unquestioned leader in each of its products and markets." Mr. Elliott continued, "The Company has been enjoying positive and profitable results both domestically and abroad and the positive operating trend and financial strength gives the Company good reason to be optimistic about the future." The Company's operations and cash flow, along with the proceeds from the divestiture of the CPM business unit has allowed the reduction of more than $72 million of bank indebtedness in the last 9 months. The Company wishes to thank all those who played a significant part in the successful outcome for the Company and all concerned. Gencor wishes to acknowledge and thank its customers, employees, vendors and associates worldwide for their loyalty and support during this difficult period. Gencor is looking forward with great anticipation to a very bright and profitable long-term future filled with continued growth and prosperity. 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. This press release may contain forward looking statements, including but not limited to, statements regarding the consummation of the Company's plan of reorganization, the future prospects of the Company, and the continuation of current positive operating trends. Such statements are subject to numerous risks and uncertainties, including, but not limited to, the effectiveness of the Company's plan of reorganization, which is subject to the satisfaction of various conditions, the Company's ability to fully implement the terms of the plan of reorganization, the continuing strength of the Company's financial condition, the Company's ability to continue to generate positive operating results, economic factors, government regulation, political uncertainty, currency fluctuation, interest rates, and other factors beyond the Company's control. SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this to be on its behalf by the undersigned hereunto duly authorized. GENCOR INDUSTRIES, INC. (Registrant ) Date: July 11, 2001 By: ____________________ John E. Elliott Executive Vice President -----END PRIVACY-ENHANCED MESSAGE-----