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Genie decided to secure a partner who held the same values because of the economic slump during the beginning of the 2000s, when they partnered with Terex. This company has a history acquiring equipment manufacturers throughout the world who proved to be a good business match. Genie Industries was sold in the year 2002 and became a part of Terex Corporation.
Because of the Genie name and its solid reputation within the workplace, it was decided to maintain the Genie brand name as part of the Terex Aerial Work Platforms. This was only decided after the first few years following the sale. 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 customers. Genie has always been continually dedicated to improving the quality and efficiency in addition to lessening wastes. Even long after the sale has been closed, the company concentrates on providing outstanding support. These are the very work practices which have made Genie a trusted brand over the past decades and continue to keep their reputation for quality and top-of-the-line equipment.
The DC and Bi-Energy equipment offered by Genie offers quiet operation, emission-free even in the most delicate work settings. Where the equipment should be driven significant distances, like in industrial situations, the Genie bi-energy system combines the power of a diesel-powered generator along with the benefits of a 48V DC equipment.
P.A. Fisker, the man who founded Nilfisk-Advance, was an electrical engineer who loved working with electrical motors. Founding the company in the year 1906, he started to make motors in order to drive fans, machine tools, coffee grinders and drills. Mr. Fisker's vision from the start was to own an international company advertising products worldwide.