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Due to the economic downturn during the start of the 2000s, Genie decided to secure a partner who held the same values. They partnered up with Terex Corporation. This company has a history acquiring machine manufacturers throughout the globe 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 decided to maintain the Genie brand name as part of the Terex Aerial Work Platforms. This was just decided after the first few years following the sale. Hence, all Genie equipment continue to be sold under the Genie brand name.
The company takes great pride in taking advice from and listening to their customers. Genie has always been continually devoted to improving the efficiency and quality in addition to minimizing wastes. Even long after the sale has been closed, the company concentrates 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 quality and top-of-the-line machinery.
The DC and Bi-Energy machines offered by Genie offers emission-free, quiet operation even in the most delicate work environments. Where the machine must be driven significant distances, such as in industrial situations, the Genie bi-energy system combines the advantages of a 48V DC machine with the power of a diesel-powered generator.
P.A. Fisker, the man who founded Nilfisk-Advance, was actually an electrical engineer who really loved working with electrical motors. Establishing the business in the year 1906, he started to produce motors to be able to drive coffee grinders, drills, fans and machine tools. Mr. Fisker's vision from the beginning was to have a global business marketing products globally.