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Because of the economic slump in the beginning of the 2000s, Genie decided to secure a partner who had the same values. They partnered up with Terex Corporation. This company has a history obtaining machine manufacturers across 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 decided to maintain the Genie brand name within the Terex Aerial Work Platforms or AWP segment of Terex, because of the name's solid reputation in the marketplace. Thus, all Genie equipment continue to be marketed under the Genie brand name.
Genie takes pride in listening to their clients. The company is devoted to continually improving efficiency and quality and is also committed to minimizing waste. Even long after the sale has been closed, the company focuses on providing exceptional support. These are the very work disciplines that have made Genie a trusted brand over the past decades and continue to keep their reputation for quality and top-of-the-line machines.
The Bi-Energy and DC machinery provided by Genie provide emission-free, quiet operation even in the most delicate work settings. Where the machinery has to be driven significant distances, like for example within industrial situations, the Genie bi-energy system combines the benefits of a 48V DC machinery along with the power of a diesel-powered generator.
P.A. Fisker, the man who founded Nilfisk-Advance, was an electrical engineer who loved working with electrical motors. Founding the company in 1906, he began to produce motors to be able to drive fans, machine tools, coffee grinders and drills. Mr. Fisker's vision from the start was to own an international company selling merchandise worldwide.
