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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15[D] OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT AUGUST 3, 1995
GENCOR INDUSTRIES, INC.
INCORPORATED IN COMMISSION IRS EMPLOYER
THE STATE OF FILE NO. IDENTIFICATION
DELAWARE 0-3821 NO. 59-033147
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5201 N. ORANGE BLOSSOM TRAIL, ORLANDO, FLORIDA 32810
[407] 290-6000
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ITEM 5. OTHER EVENTS
On August 3, 1995, Gencor Industries, Inc. ["Gencor"], issued a press release
announcing the successful settlement of an outstanding disputed second mortgage
note relative to one of its properties. Further, Gencor has reached an agreement
with SouthTrust Bank of Alabama for a new extended line of credit facility. A
copy of the release is appended to this Form 8-K as Exhibit 20.1.
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
[a] Financial Statements of business acquired.
Not applicable.
[b] Proforma financial information.
Not applicable.
[c] Exhibits:
20.1, August 3, 1995 Press Release, RE: Gencor Industries, Inc.
Obtains new financing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report on 8-K to be signed on its behalf by the
undersigned hereunto duly authorized.
GENCOR INDUSTRIES, INC.
[Registrant]
Date: August 3, 1995 By: /s/ John E. Elliott
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John E. Elliott
Executive Vice President
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GENCOR INDUSTRIES, INC. CONTACT: John E. Elliott
5201 N. ORANGE BLOSSOM TRAIL Executive Vice President
ORLANDO, FLORIDA 32810 (407) 290-6000 Ext. 306
GENCOR INDUSTRIES, INC. OBTAINS NEW FINANCING
August 3, 1995. Orlando, Florida. Gencor Industries, Inc. (NASDAQ:GCOR), today
announced an agreement with SouthTrust Bank of Alabama for a new line of credit
facility providing a $16 million revolving line of credit and a $3.7 million
term note.
Also, Gencor announced that it has reached a successful settlement with the
holder of a disputed second mortgage note on one of Gencor's properties. The
settlement had the effect of yielding a taxable gain of approximately $810,000,
to Gencor.
Gencor is a leading Orlando, Florida, based manufacturer of highway construction
machinery, equipment for remediation of contaminated soils, combustion equipment
and thermal fluid heaters.
