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Due to the economic slump in the start of the 2000s, Genie decided to acquire a partner who had the same values. They partnered up along with Terex Corporation. This company has a history obtaining equipment manufacturers all over the world who proved to be a good business match. Genie Industries was sold in the year 2002 and became a part of Terex Corporation.
Because of the Genie name and its solid reputation in the workplace, it was determined to maintain the Genie brand name as part of the Terex Aerial Work Platforms. This was only decided after the first few years following the sale. Hence, all Genie equipment continue to be marketed under the Genie brand.
Genie takes pride in listening to their clients. The company is devoted to continually improving efficiency and quality and is also committed to minimizing waste. Even long after the sale has been closed, the company focuses on providing exceptional support. These are the very work disciplines that have made Genie a trusted brand over the last decades and continue to keep their reputation for top-of-the-line and quality equipment.
Genie's DC and Bi-Energy machinery are emission-free, quiet machines capable of working in delicate work settings. Where the equipment must be driven significant distances, such as within industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator with the advantages of a 48V DC machine.
P.A. Fisker, the man who established Nilfisk-Advance, was actually an electrical engineer who really loved working with electrical motors. Starting the business in 1906, he started to produce motors to drive coffee grinders, drills, fans and machine tools. Mr. Fisker's dream from the start was to have a worldwide business advertising goods globally.