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Genie decided to acquire a partner who held the same values because of the economic slump in the start of the 2000s, when they partnered together with Terex. This company has a history acquiring machine manufacturers all around the world 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 first years after the sale, it was determined to maintain the Genie brand name within the Terex Aerial Work Platforms or AWP segment of Terex, due to the name's solid reputation within the marketplace. Therefore, all Genie equipment continue to be marketed under the Genie brand name.
The company takes great pride in taking advice from and listening to their clients. 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 focuses on providing exceptional support. These are the very work disciplines which have made Genie a trusted brand name 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 machinery capable of working in delicate work settings. 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 together with the benefits of a 48V DC machinery.
P.A. Fisker, the man who established Nilfisk-Advance, was an electrical engineer who loved working with electrical motors. Starting the company in 1906, he began to produce motors in order to drive fans, machine tools, coffee grinders and drills. Mr. Fisker's vision from the beginning was to own a global company marketing merchandise globally.
