 ORLANDO, Fla., Aug. 11, 2021 GLOBE NEWSWIRE -- Gencor Industries, Inc. Nasdaq: GENC announced today net revenues of 24.9 million for the quarter ended June 30, 2021 compared to 22.9 million for the quarter ended June 30, 2020. Gross margins for the quarter ended June 30, 2021 were 22.5 compared with 23.5 for the quarter ended June 30, 2020. During the quarter ended June 30, 2021, the Company continued to experience higher manufacturing costs associated with steel and OEM parts pricing, as well as unabsorbed manufacturing labor and overhead expenses related to the paver line. The negative effect of these higher manufacturing costs on the quarter ended June 30, 2021, was partially offset by improved margins on certain equipment sales recognized over time and increased parts sales, in dollars and as a percentage of total net revenues, at higher margins. 