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Because of the economic slump during the beginning of the 2000s, Genie decided to secure a partner who had the same values. They partnered up together with Terex Corporation. This company has a history acquiring machine manufacturers all around the globe who proved to be a good business match. Genie Industries was sold in 2002 and became a part of Terex Corporation.
Due to the Genie name and its solid reputation in 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. Thus, all Genie machinery continue to be marketed under the Genie brand name.
Genie takes pride in listening to their clients. The company is dedicated to continually improving efficiency and quality and is also dedicated to minimizing waste. Even long after the sale has been closed, the company concentrates on providing outstanding support. These are the very work disciplines which have made Genie a trusted brand over the past decades and continue to keep their reputation for quality and top-of-the-line machines.
Genie's Bi-Energy and DC machines are emission-free, quiet machines capable of working in delicate work settings. Where the machinery must be driven significant distances, like within industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator along with the advantages of a 48V DC machine.
P.A. Fisker, the man who established Nilfisk-Advance, was actually an electrical engineer who really loved working with electrical motors. Establishing the business in 1906, he began to produce motors so as to drive coffee grinders, drills, fans and machine tools. Mr. Fisker's dream from the start was to own a global business selling merchandise internationally.