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Because of the economic slump in the start of the 2000s, Genie decided to acquire a partner who had the same values. They partnered up along with Terex Corporation. This company has a history obtaining machine manufacturers all over the globe who proved to be a good business match. Genie Industries was sold in the year 2002 and became a part of Terex Corporation.
During the initial years after the sale, it was decided to maintain the Genie brand within the Terex Aerial Work Platforms or AWP segment of Terex, because of the name's solid reputation within the marketplace. Hence, all Genie machines continue to be marketed under the Genie brand.
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 focuses on offering 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 top-of-the-line and quality machines.
The Bi-Energy and DC machines provided by Genie offers emission-free, quiet operation even in the most delicate work environments. Where the machine must be driven significant distances, like in industrial situations, the Genie bi-energy system combines the benefits of a 48V DC machinery together with the power of a diesel-powered generator.
P.A. Fisker, the founder of Nilfisk-Advance, was actually an electrical engineer who loved working with electrical motors. Founding the business in 1906, he started to produce motors in order to drive machine tools, coffee grinders, drills and fans. Mr. Fisker's dream from the start was to own a worldwide company advertising goods internationally.
