Aug. 1 at 7:38 AM
$GENC $XLI $TNA $RUT $IWM Key Facts about dirt-cheap Gencor Industries (GENC) and its business that will keep thriving in the foreseeable future:
GENC's revenue are dependent on the infrastructure spending in the U.S. and Canada.
When it comes to the U.S., the IIJ Act provides
$110 billion for the nation’s highways, bridges and roads, as quoted below:
"On November 15, 2021, President Biden signed into law a five-year,
$1.2 trillion infrastructure bill, the Infrastructure Investment and Jobs Act (the “IIJ Act”), including
$550 billion in new spending and reauthorization of
$650 billion in previously allocated funds. The IIJ Act provides
$110 billion for the nation’s highways, bridges and roads."
When it comes to Canada, infrastructure spending in ONTARIO ALONE will be C
$30 billion for the construction of new and expanded highways, including Highway 413 and the Bradford Bypass, as shown here: https://www.dentons.com/en/insights/articles/2025/may/21/ontarios-budget-2025-infrastructure-at-the-forefront
And Canada has 10 Provinces......
