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Genie decided to secure a partner who held the same values as a result of the economic slump during the start of the 2000s, when they partnered together with Terex. This company has a history obtaining equipment manufacturers across the globe who proved to be a good business match. Genie Industries was sold during 2002 and became a part of Terex Corporation.
In the early years after the sale, it was decided to maintain the Genie brand name within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation in the marketplace. Thus, all Genie equipment continue to be sold under the Genie brand.
The company takes great pride in listening and taking advise from 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 concentrates on offering 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 top-of-the-line and quality machinery.
Genie's Bi-Energy and DC equipment are emission-free, quiet equipment capable of working in delicate work environments. Where the machine must be driven significant distances, like for example within industrial situations, the Genie bi-energy system combines the advantages 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 liked to work on electrical motors. After starting his business in 1906, he started to produce motors to drive coffee grinders, fans, machine tools and drills. Mr. Fisker's dream from the start was to own a worldwide company advertising goods internationally.