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Gencor Industries
Gencor Industries, led by CEO Marc Elliott, is the publicly traded Orlando manufacturer of asphalt plants controlled by the Elliott family since 1968.
Gencor Industries
Gencor Industries was founded in 1968 and operates from a manufacturing campus in Orlando, Florida. Chairman E.J. Elliott and CEO Marc Elliott represent the founding family, which holds a super-voting share class that consolidates operational control. The company reports as a manufacturer of heavy machinery for the production of asphalt, specifically counter-flow drum mix plants, combustion chambers, and thermal fluid heaters used in highway paving and road maintenance. The product portfolio covers three main categories: asphalt plants, combustion systems, and soil remediation equipment. Gencor sells directly to asphalt producers and highway contractors, with its equipment deployed across the United States and in select international markets. The company has disclosed patented technologies including the Ultraplant counter-flow drum mixer and the Equinox system for warm-mix asphalt production. Unlike diversified industrials, Gencor remains a pure-play equipment maker serving the transportation infrastructure supply chain. Gencor reports as a public company with a lean corporate structure, operating from a single headquarters location. The firm's SEC filings, most recently its 2024 proxy statement, confirm the Elliott family's voting control through its Class B common stock. In March 2025, the company reported fiscal first-quarter results showing increased backlog driven by highway reauthorization spending (per SEC filing, March 2025). The business does not operate adjacent investment vehicles or a family office entity beyond the listed operating company. Gencor's structural distinction lies in its governance: a multi-generational industrial business that has resisted both private equity recapitalization and conglomerate integration for over five decades. The dual-class equity structure insulates management from activist pressure and preserves the founding family's ability to run the company as a focused, single-product-line manufacturer without dilution from unrelated diversification mandates.
General information
Firm type
other
Year founded
1968
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Orlando
Corporate office
Orlando, FL, United States
Principals
E.J. Elliott
Chairman of the Board
Marc G. Elliott
President & CEO
Sector focus
Frequently asked questions
Who controls Gencor Industries?
The Elliott family retains voting control of Gencor Industries through holdings of Class B common stock, which carries super-voting rights. E.J. Elliott serves as Chairman and Marc Elliott serves as President and CEO, per the company's SEC filings. This dual-class structure has been in place for decades.
What does Gencor Industries manufacture?
Gencor produces heavy machinery for hot-mix asphalt production, including counter-flow drum mix plants, combustion chambers, thermal fluid heaters, and soil remediation equipment. Its flagship product line is the Ultraplant asphalt plant, marketed to highway contractors and paving companies.
Does Gencor operate as a family office?
No. Gencor is an operating company, not an investment vehicle. It is a publicly traded manufacturer of industrial equipment rather than a family office that allocates capital across external funds or direct investments.
Where are Gencor's products sold?
Gencor sells primarily to asphalt producers and highway contractors across the United States, with additional sales into international markets. The company's revenue is closely tied to domestic transportation infrastructure spending cycles.
Has Gencor received private equity investment?
Gencor has operated as an independent public company without a private equity recapitalization or going-private transaction. The dual-class share structure and Elliott family voting control have served as structural defenses against unsolicited acquirers and activists.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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