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Genie decided to acquire a partner who held the same values as a result of the economic recession during the start of the 2000s, when they partnered along with Terex. This company has a history acquiring equipment manufacturers all over 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, due to the name's solid reputation in the marketplace. Hence, all Genie equipment continue to be sold under the Genie brand name.
Genie takes pride in listening to their clients. The company is dedicated to continually improving quality and efficiency and is also dedicated to lessening waste. Even long after the sale has been closed, the company focuses on providing outstanding support. These are the very work disciplines which have made Genie a trusted brand name 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 machinery must be driven significant distances, like for example within industrial situations, the Genie bi-energy system combines the benefits of a 48V DC equipment with the power of a diesel-powered generator.
The man who established Nilfisk-Advance, P.A. Fisker, began as an electrical engineer who really liked to work on electrical motors. After establishing his company in 1906, he started to produce motors to drive coffee grinders, fans, machine tools and drills. Mr. Fisker's dream from the beginning was to have an international company marketing goods worldwide.