Schedule 13d
| Filed by: | GENCOR INDUSTRIES INC |
| Subject Company: | GENCOR INDUSTRIES INC. |
| Filed as of Date: | 02/08/2008 |
| View Original Filing on Edgar's | |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 2)
Gencor Industries, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
368678108
(CUSIP Number)
Lloyd I. Miller, III, 4550 Gordon Drive, Naples, Florida, 34102 (Tel.) (239) 262-8577
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 4, 2008
If the filing person has previously filed a statement on Schedule 13G to report the acquisition
that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e),
13d-1(f) or 13d-1(g), check the following box þ.
Note. Schedules filed in paper format shall include a signed original and five copies of the
schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
(Continued on following pages)
| 1 The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). |
CUSIP No. |
368678108 |
13D | Page | 2 |
of | 5 |
| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Lloyd I. Miller, III ###-##-#### |
||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
||||||||||
| (a) o | |||||||||||
| (b) o | |||||||||||
| 3 | SEC USE ONLY | ||||||||||
| 4 | SOURCE OF FUNDS* | ||||||||||
| PF-AF-OO | |||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
| o | |||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
| United States | |||||||||||
| 7 | SOLE VOTING POWER | ||||||||||
| NUMBER OF | 156,045 | ||||||||||
| SHARES | 8 | SHARED VOTING POWER | |||||||||
| BENEFICIALLY | |||||||||||
| OWNED BY | 762,121 | ||||||||||
| EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
| REPORTING | |||||||||||
| PERSON | 156,045 | ||||||||||
| WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
| 762,121 | |||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
| 918,166 | |||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ||||||||||
| o | |||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
| 11.5% | |||||||||||
| 14 | TYPE OF REPORTING PERSON* | ||||||||||
| IA-IN-OO | |||||||||||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D/A
| Item 1. | Security and Issuer |
This constitutes Amendment No. 2 (the Second Amendment) to the statement on Schedule 13D, filed
on behalf of Lloyd I. Miller, III (the Reporting Person), dated June 19, 2007, as amended (the
Statement), relating to the Common Stock, par value $0.10 per share (the Shares) of Gencor
Industries, Inc. (the Company). The Company has its principal executive offices at 5201 North
Orange Blossom Trail, Orlando, Florida 32810. Unless specifically amended or modified hereby, the
disclosure set forth in the Statement shall remain unchanged.
| Item 4. | Purpose of the Transaction |
Item 4 of the Statement is hereby amended and restated to read in its entirety as follows:
The Shares covered by this Second Amendment were acquired by the Reporting Person for
investment purposes in the ordinary course of his business as an investor. The Reporting Person
filing this report now believes that it would be in his best interest, and those of other
stockholders, to attempt to influence the governance of the Company. Specifically, the Reporting
Person has previously disclosed the following:
| | The Reporting Person is examining all of his options that he believes will enhance stockholder value, including encouraging, participating in or leading efforts to include individuals on the Companys Board of Directors who would be independent of management and would represent the Company and the holders of the Common Stock. | ||
| | The Reporting Person urges the Companys Board of Directors to investigate strategic alternatives to maximize shareholder value, and to enhance disclosures to the Companys public stockholders regarding each of the Companys lines of business and prospects. | ||
| | On November 20, 2007, the Reporting Person sent a letter to the Company informing the Companys Board of Directors of his intention to nominate Lloyd I. Miller, III for election by the holders of the Common Stock to serve on the Board of Directors of the Company. |
On February 4, 2008, the Reporting Person filed, with the Securities Exchange Commission, a
preliminary proxy statement (the Proxy Statement) nominating himself, Lloyd I. Miller, III, to be
elected by the common stockholders to the Board of Directors of the Company. Mr. Miller intends to
solicit proxies from the holders of shares of the Companys common stock, in favor of his election,
to be used at the 2008 Annual Meeting of Stockholders of the Company. The Reporting Person
proposes the election of himself, Lloyd I. Miller, III, for the purpose of diversifying the current
Board of Directors with a new, independent, shareholder-nominated director who will seek to
maximize shareholder value and further the goals of all public stockholders of the Company. For
additional information regarding Lloyd I. Miller, III and his proxy solicitation, see the Proxy
Statement.
Except as described above in this Item 4 and herein, the Reporting Person does not have any
specific plans or proposals that relate to or would result in any of the actions or events
specified in clauses (a) through (j) of Item 4 of Schedule 13D. The Reporting Person reserves the
right to change plans and take any and all actions that the Reporting Person may deem appropriate
to maximize the value of his investments, including, among other things, purchasing or otherwise
acquiring additional securities of the Company, selling or otherwise disposing of any securities of
the Company beneficially owned by him, in each case in the open market or in privately negotiated
transactions or formulating other plans or
proposals regarding the Company or its securities to the
extent deemed advisable by the Reporting Person
in light of his general investment policies, market conditions, subsequent developments affecting
the Company and the general business and future prospects of the Company. The Reporting Person may
take any other action with respect to the Company or any of the Companys debt or equity securities
in any manner permitted by applicable law.
| Item 7. | Materials To Be Filed As Exhibits: |
| 99.1 | Letter, dated November 20, 2007, by the Reporting Person to the Company (Filed as Exhibit 99.1 to Schedule 13D by the Reporting Person with the Securities and Exchange Commission on November 21, 2007 and incorporated herein by reference). | ||
| 99.2 | Schedule 14A, dated February 4, 2008, filed by the Reporting Person with the Securities and Exchange Commission (Previously filed on February 4, 2008 and incorporated herein by reference). |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
| Dated: February 8, 2008 | By: | /s/ Lloyd I. Miller III | ||
| Lloyd I. Miller III | ||||


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