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Genie decided to obtain a partner who had the same values because of the economic slump in the start of the 2000s, when they partnered along with Terex. This company has a history acquiring machine manufacturers across the globe who proved to be a good business match. Genie Industries was sold during 2002 and became a part of Terex Corporation.
During the early years after the sale, it was decided to maintain the Genie brand name within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation within the marketplace. Thus, all Genie machines continue to be sold under the Genie brand name.
Genie takes pride in listening to their customers. The company is devoted to continually improving quality and efficiency and is also dedicated to lessening waste. Even long after the sale has been closed, the company focuses on offering outstanding support. These are the very work disciplines which have made Genie a trusted brand name over the last decades and continue to keep their reputation for quality and top-of-the-line machines.
The Bi-Energy and DC equipment offered by Genie provide quiet operation, emission-free even in the most delicate work settings. Where the machine has to be driven significant distances, like within industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator with the benefits of a 48V DC machinery.
P.A. Fisker, the man who established Nilfisk-Advance, was actually an electrical engineer who really loved working with electrical motors. Founding the company in the year 1906, he began to produce motors so as to drive machine tools, coffee grinders, drills and fans. Mr. Fisker's dream from the beginning was to own a global business advertising products globally.