SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                ----------------

                                  SCHEDULE 13G
                                 (RULE 13D-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13D-1(B) (C) AND (D) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13D-2(B)
                               (AMENDMENT NO. 2)*

                             Gencor Industries, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    368678108
             ------------------------------------------------------
                                 (CUSIP Number)

                                 March 22, 2007
             ------------------------------------------------------
                  (Date of Event which Requires Filing of this
                                   Statement)

     Check the appropriate box to designate the rule pursuant to which this
                               Schedule is filed:
                                [ ] Rule 13d-1(b)
                                [X] Rule 13d-1(c)
                                [ ] Rule 13d-1(d)

                                   Page 1 of 5

                    ----------------------------------------


* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

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 ("Act") 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).




                                  SCHEDULE 13G


CUSIP NO. 368678108                                           PAGE 2 OF 5 PAGES



   1     NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Lloyd I. Miller, III                                       279-42-7925

   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*              (A) [ ]

                                                                        (B) [ ]

   3     SEC USE ONLY



   4     CITIZENSHIP OR PLACE OF ORGANIZATION

         United States

                       5    SOLE VOTING POWER
  NUMBER OF                 86,995
   SHARES
BENEFICIALLY           6    SHARED VOTING POWER
  OWNED BY                  755,021
    EACH
  REPORTING            7    SOLE DISPOSITIVE POWER
   PERSON                   86,995
    WITH
                       8    SHARED DISPOSITIVE POWER
                            755,021

   9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         842,016

   10    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES*                                                    [ ]

   11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         10.1%

   12    TYPE OF REPORTING PERSON

         IN-IA-OO**

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

** See Item 4.





                                                                     Page 3 of 5

Item 1(a).    Name of Issuer:                 Gencor Industries, Inc.

Item 1(b).    Address of Issuers's            5201 North Orange Blossom Trail
              Principal Executive Offices:    Orlando, FL 32810

Item 2(a).    Name of Person Filing:          Lloyd I. Miller, III

Item 2(b).    Address of Principal Business   4550 Gordon Drive, Naples, Florida
              Office or, if None, Residence:  34102

Item 2(c).    Citizenship:                    U.S.A.

Item 2(d).    Title of Class of Securities:   Common Stock

Item 2(e).    CUSIP Number:                   368678108

Item 3.       IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b)
              or (c), CHECK WHETHER THE PERSON FILING IS A:

              Not Applicable, this statement is filed pursuant to 13d-1(c)

Item 4.       OWNERSHIP: The reporting person has sole voting and dispositive
              power with respect to 86,995 of the reported securities as (i) a
              manager of a limited liability company that is the general partner
              of a certain limited partnership, (ii) the custodian to an account
              set up under the Florida Uniform Gift to Minors Act and (iii) an
              individual. The reporting person has shared voting and dispositive
              power with respect to 755,021 of the reported securities as an
              investment advisor to the trustee of certain family trusts.

              (a)  842,016

              (b)  10.1%

              (c)   (i) sole voting power:   86,995

                    (ii) shared voting power: 755,021

                    (iii) sole dispositive power: 86,995

                    (iv) shared dispositive power: 755,021

Item 5.       OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

              Not Applicable

Item 6.       OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

              Other than shares held directly by Lloyd I. Miller, III, persons
              other than Lloyd I. Miller, III have the right to receive or the
              power to direct the receipt of dividends from, or the proceeds
              from the sale of, the reported securities.

Item 7.       IDENTIFICATION  AND  CLASSIFICATION  OF THE  SUBSIDIARY  WHICH
              ACQUIRED THE SECURITY  BEING REPORTED ON BY THE PARENT HOLDING
              COMPANY:

              Not Applicable


                                                                     Page 4 of 5

Item 8.       IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

              Not Applicable

Item 9.       NOTICE OF DISSOLUTION OF GROUP:

              Not Applicable

Item 10.      CERTIFICATION:

              By signing below I certify that, to the best of my knowledge and
              belief, the securities referred to above were not acquired and are
              not held for the purpose of or with the effect of changing or
              influencing the control of the issuer of the securities and were
              not acquired and are not held in connection with or as a
              participant in any transaction having that purpose or effect.




                                                                     Page 5 of 5
                                    SIGNATURE


     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: March 27, 2007                          /s/ Lloyd I. Miller, III
                                               ---------------------------------
                                                     Lloyd I. Miller, III