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Due to the economic slump in the beginning of the 2000s, Genie decided to secure a partner who had the same values. They partnered up with Terex Corporation. This company has a history acquiring equipment manufacturers throughout the globe who proved to be a good business match. Genie Industries was sold during 2002 and became a part of Terex Corporation.
Because of the Genie name and its solid reputation within the workplace, it was decided to maintain the Genie brand as part of the Terex Aerial Work Platforms. This was only decided after the initial few years following the sale. Hence, all Genie machines continue to be marketed under the Genie brand.
The company takes great pride in listening and taking advise from their clients. Genie has always been continually devoted to improving the efficiency and quality in addition to lessening 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 machines.
Genie's Bi-Energy and DC equipment are emission-free, quiet equipment capable of working in delicate work settings. Where the machine needs to be driven significant distances, like for instance in industrial situations, the Genie bi-energy system combines the advantages of a 48V DC equipment along with the power of a diesel-powered generator.
P.A. Fisker, the founder of Nilfisk-Advance, was an electrical engineer who really loved working with electrical motors. Founding the business in the year 1906, he started to make motors to be able to drive fans, machine tools, coffee grinders and drills. Mr. Fisker's vision from the beginning was to have an international company advertising goods worldwide.