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Genie decided to acquire a partner who had the same values because of the economic recession in the beginning of the 2000s, when they partnered along with Terex. This company has a history acquiring equipment manufacturers across the globe who proved to be a good business match. Genie Industries was sold during the year 2002 and became a part of Terex Corporation.
During the early years after the sale, it was determined to maintain the Genie brand within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation within the marketplace. Therefore, all Genie machines continue to be sold 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 quality and efficiency in addition to lessening wastes. Even long after the sale has been closed, the company focuses on providing outstanding support. These are the very work practices which have made Genie a trusted brand name over the last decades and continue to keep their reputation for top-of-the-line and quality machinery.
The DC and Bi-Energy machines offered by Genie offers quiet operation, emission-free even in the most delicate work environments. Where the machine needs to be driven significant distances, such as in industrial situations, the Genie bi-energy system combines the benefits of a 48V DC machine along with the power of a diesel-powered generator.
P.A. Fisker, the man who founded Nilfisk-Advance, was actually an electrical engineer who loved working with electrical motors. Establishing the business in 1906, he began to make motors in order to drive fans, machine tools, coffee grinders and drills. Mr. Fisker's dream from the beginning was to own an international business advertising merchandise globally.