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Due to the economic recession during the beginning of the 2000s, Genie decided to acquire a partner who had the same values. They partnered up together with Terex Corporation. This company has a history obtaining machine manufacturers across the globe who proved to be a good business match. Genie Industries was sold in 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 name as part of the Terex Aerial Work Platforms. This was only decided after the initial few years following the sale. Thus, all Genie machinery continue to be marketed under the Genie brand.
The company takes great pride in listening and taking advise from their customers. Genie has always been continually dedicated 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 practices which have made Genie a trusted brand over the past decades and continue to keep their reputation for quality and top-of-the-line equipment.
The Bi-Energy and DC equipment offered by Genie offers emission-free, quiet operation even in the most delicate work settings. Where the equipment has to be driven significant distances, like for instance within industrial situations, the Genie bi-energy system combines the benefits of a 48V DC machine with the power of a diesel-powered generator.
The founder of Nilfisk-Advance, P.A. Fisker, started out as an electrical engineer who liked to work on electrical motors. After establishing his company during 1906, he started to make motors to drive machine tools, drills, coffee grinders and fans. Mr. Fisker's vision from the start was to have an international business advertising merchandise globally.