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Genie decided to obtain a partner who held the same values because of the economic recession during the start of the 2000s, when they partnered together with Terex. This company has a history acquiring equipment manufacturers all over the globe who proved to be a good business match. Genie Industries was sold during 2002 and became a part of Terex Corporation.
Because of 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 first few years following the sale. Thus, all Genie machinery continue to be sold under the Genie brand.
The company takes great pride in taking advice from and listening to their clients. Genie has always been continually devoted to improving the quality and efficiency in addition to minimizing wastes. Even long after the sale has been closed, the company focuses on offering outstanding support. These are the very work practices that have made Genie a trusted brand over the last decades and continue to keep their reputation for top-of-the-line and quality machines.
The DC and Bi-Energy equipment provided by Genie provide quiet operation, emission-free even in the most delicate work environments. Where the equipment needs to be driven significant distances, such as in industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator with the advantages of a 48V DC machinery.
The founder of Nilfisk-Advance, P.A. Fisker, started out as an electrical engineer who liked to work on electrical motors. After establishing his business in 1906, he started to produce motors to drive drills, coffee grinders, fans and machine tools. Mr. Fisker's dream from the start was to have a worldwide company selling merchandise worldwide.