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Genie decided to secure a partner who held the same values because of the economic slump in the beginning of the 2000s, when they partnered with Terex. This company has a history acquiring machine manufacturers across the globe who proved to be a good business match. Genie Industries was sold during the year 2002 and became a part of Terex Corporation.
In the first years after the sale, it was decided to maintain the Genie brand 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.
Genie takes pride in listening to their customers. The company is dedicated to continually improving efficiency and quality and is also committed to lessening waste. 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 name over the past decades and continue to keep their reputation for quality and top-of-the-line machines.
Genie's DC and Bi-Energy machinery are emission-free, quiet machines capable of working in delicate work settings. Where the machinery must be driven significant distances, like for example in industrial situations, the Genie bi-energy system combines the advantages of a 48V DC machinery along with the power of a diesel-powered generator.
P.A. Fisker, the founder of Nilfisk-Advance, was an electrical engineer who loved working with electrical motors. Starting the business in the year 1906, he started to produce motors to be able to drive machine tools, coffee grinders, drills and fans. Mr. Fisker's dream from the start was to have an international business marketing goods worldwide.