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Because of the economic slump in the start of the 2000s, Genie decided to secure a partner who held the same values. They partnered up with Terex Corporation. This company has a history acquiring machine manufacturers across the globe who proved to be a good business match. Genie Industries was sold during the year 2002 and became a part of Terex Corporation.
During the initial years after the sale, it was determined to maintain the Genie brand within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation within the marketplace. Hence, all Genie machinery continue to be sold under the Genie brand.
The company takes great pride in listening and taking advise from their customers. Genie has always been continually dedicated to improving the efficiency and quality in addition to minimizing wastes. 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 last decades and continue to keep their reputation for top-of-the-line and quality machinery.
The DC and Bi-Energy machinery provided by Genie offers emission-free, quiet operation even in the most delicate work environments. Where the machine should be driven significant distances, such as in industrial situations, the Genie bi-energy system combines the advantages of a 48V DC machinery along with the power of a diesel-powered generator.
The man who founded Nilfisk-Advance, P.A. Fisker, began as an electrical engineer who really liked to work on electrical motors. After starting his company in 1906, he started to produce motors to drive machine tools, drills, coffee grinders and fans. Mr. Fisker's vision from the start was to have a global business selling merchandise globally.