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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 throughout the globe who proved to be a good business match. Genie Industries was sold in the year 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 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 name.
Genie takes pride in listening to their customers. The company is dedicated to continually improving quality and efficiency and is also committed to minimizing waste. Even long after the sale has been closed, the company focuses on providing outstanding 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 machinery.
Genie's Bi-Energy and DC equipment are emission-free, quiet machines capable of working in delicate work environments. Where the equipment must be driven significant distances, such as in industrial situations, the Genie bi-energy system combines the benefits of a 48V DC machinery with the power of a diesel-powered generator.
The founder of Nilfisk-Advance, P.A. Fisker, started out as an electrical engineer who really liked to work on electrical motors. After founding his company in 1906, he began to produce motors to drive machine tools, drills, coffee grinders and fans. Mr. Fisker's vision from the beginning was to have an international business selling merchandise worldwide.