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Due to the economic downturn during the beginning of the 2000s, Genie decided to obtain a partner who had the same values. They partnered up along with Terex Corporation. This company has a history acquiring equipment 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 determined to maintain the Genie brand name as part of the Terex Aerial Work Platforms. This was only decided after the first few years following the sale. Therefore, all Genie machinery continue to be sold under the Genie brand name.
Genie takes pride in listening to their clients. The company is dedicated to continually improving quality and efficiency and is also dedicated to minimizing waste. Even long after the sale has been closed, the company concentrates on providing exceptional support. These are the very work disciplines which have made Genie a trusted brand over the last decades and continue to keep their reputation for quality and top-of-the-line equipment.
The Bi-Energy and DC machines offered by Genie provide emission-free, quiet operation even in the most delicate work settings. Where the machinery must be driven significant distances, like for example in industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator together with the benefits of a 48V DC machinery.
P.A. Fisker, the founder of Nilfisk-Advance, was actually an electrical engineer who loved working with electrical motors. Founding the business in 1906, he started to make motors to drive machine tools, coffee grinders, drills and fans. Mr. Fisker's vision from the beginning was to own a global business advertising goods internationally.