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Genie decided to obtain a partner who had the same values as a result of the economic downturn in the beginning of the 2000s, when they partnered with Terex. This company has a history acquiring equipment manufacturers all around the globe who proved to be a good business match. Genie Industries was sold during 2002 and became a part of Terex Corporation.
In the first years after the sale, it was decided to maintain the Genie brand within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation in the marketplace. Therefore, all Genie machines continue to be sold under the Genie brand.
The company takes great pride in taking advice from and listening to their clients. Genie has always been continually devoted to improving the quality and efficiency in addition to lessening wastes. Even long after the sale has been closed, the company concentrates on offering outstanding support. These are the very work practices that have made Genie a trusted brand name over the past decades and continue to keep their reputation for top-of-the-line and quality machinery.
The DC and Bi-Energy machines provided by Genie provide quiet operation, emission-free even in the most delicate work environments. Where the equipment should be driven significant distances, like for example in industrial situations, the Genie bi-energy system combines the advantages of a 48V DC equipment with the power of a diesel-powered generator.
P.A. Fisker, the founder of Nilfisk-Advance, was actually an electrical engineer who really loved working with electrical motors. Starting the company in 1906, he started to produce motors in order to drive drills, fans, machine tools and coffee grinders. Mr. Fisker's dream from the beginning was to own a worldwide business advertising products globally.