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MegadealsSubsidy Tracker: Industry Summary Page
Major Industry: industrial equipment
Subsidy Total: $971,663,579
Number of Awards: 3,042
Time Period: Earliest year of data: 1968. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2012.
Notes: The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
Eaton | $239,562,894 | 212 |
ITT Inc. | $82,989,299 | 102 |
Emerson Electric | $81,742,910 | 101 |
Parker-Hannifin | $59,133,644 | 240 |
Giner | $38,550,883 | 47 |
Danfoss | $37,837,271 | 14 |
Precision Combustion Inc. | $35,808,517 | 33 |
SPX Corp. | $33,252,936 | 72 |
Timken | $30,059,653 | 37 |
Luna Innovations | $28,432,143 | 53 |
Individual Subsidy Records:
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Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
HYDRO-AIRE, INC. | Crane Co. | Washington | state | 2019 | $97,815 | | tax credit/rebate |
HYDRO-AIRE, INC. | Crane Co. | Washington | state | 2018 | $91,456 | | tax credit/rebate |
ELDEC CORPORATION | Crane Co. | Washington | state | 2019 | $145,631 | | tax credit/rebate |
ELDEC CORPORATION | Crane Co. | Washington | state | 2018 | $135,159 | | tax credit/rebate |
ELDEC CORPORATION | Crane Co. | Washington | state | 2019 | $5,636 | | tax credit/rebate |
CRANE ELECTRONICS, INC. | Crane Co. | Washington | state | 2018 | $7,146 | | tax credit/rebate |
CRANE ELECTRONICS, INC. | Crane Co. | Washington | state | 2019 | $1,881 | | tax credit/rebate |
ELDEC CORPORATION | Crane Co. | Washington | state | 2018 | $1,756,634 | | tax credit/rebate |
ELDEC CORPORATION | Crane Co. | Washington | state | 2019 | $1,508,317 | | tax credit/rebate |
Crane Composites, Inc. | Crane Co. | United States | federal | 2021 | | $3,000,000 | federal loan or loan guarantee |
Hydro-Aire Inc. | Crane Co. | Ohio | state | 2020 | undisclosed | | enterprise zone |
HYDRO-AIRE, INC. | Crane Co. | Ohio | state | 2019 | $150,000 | | tax credit/rebate |
Crane Composites, Inc. | Crane Co. | United States | federal | 2022 | | $3,000,000 | federal loan or loan guarantee |
Eldec, LLC | Crane Co. | Washington | state | 2020 | $1,508,317 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2021 | $1,508,316 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2021 | $92,566 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2020 | $85,482 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2020 | $79,713 | | tax credit/rebate |
Hydro-Aire, Inc. | Crane Co. | Washington | state | 2020 | $9,885 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2021 | $7,075 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2020 | $1,723 | | tax credit/rebate |
Hydro-Aire Inc. | Crane Co. | Ohio | state | 2021 | undisclosed | | enterprise zone |
Crane Composites, Inc. | Crane Co. | United States | federal | 2023 | | $3,000,000 | federal loan or loan guarantee |
Eldec Aerospace Corp. | Crane Co. | Washington | state | 2022 | $110,475 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2022 | $16,665 | | tax credit/rebate |
Eldec Aerospace Corp. | Crane Co. | Washington | state | 2022 | $5,653 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2022 | $1,315 | | tax credit/rebate |
Eldec, LLC | Crane Co. | Washington | state | 2022 | $1,508,316 | | tax credit/rebate |
UNIFIED INDUSTRIES INC. | Columbus McKinnon | Michigan | local | 1999 | undisclosed | | property tax abatement |
COLUMBUS MCKINNON CORP. & SUB. | Columbus McKinnon | Missouri | state | 2001 | $143,715 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2011 | $81,810 | | tax credit/rebate |
Columbus McKinnon Corporation | Columbus McKinnon | Ohio | state | 2010 | $342,277 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2012 | $86,056 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2012 | $812,500 | | tax credit/rebate |
Magnetek, Inc | Columbus McKinnon | Alabama | state | 2013 | $7,040 | | cost reimbursement |
Magnetek, Inc | Columbus McKinnon | Alabama | state | 2013 | $7,040 | | cost reimbursement |
Magnetek, Inc | Columbus McKinnon | Alabama | state | 2013 | $7,040 | | cost reimbursement |
Magnetek, Inc | Columbus McKinnon | Alabama | state | 2013 | $7,040 | | cost reimbursement |
Columbus McKinnon/Dixie Ind. | Columbus McKinnon | Tennessee | local | 2013 | undisclosed | | property tax abatement |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2013 | $122,747 | | tax credit/rebate |
Yale Industrial Products | Columbus McKinnon | North Carolina | state | 2012 | $116,300 | | grant |
Magnetek, Inc. | Columbus McKinnon | Wisconsin | state | 2015 | $24,878 | | grant |
Unified Industries, Inc. | Columbus McKinnon | Michigan | state | 2013 | $1,530 | | grant |
Unified Industries, Inc. | Columbus McKinnon | Michigan | state | 2013 | $3,738 | | grant |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2016 | $126,829 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2015 | $314,574 | | tax credit/rebate |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2015 | $180,916 | | tax credit/rebate |
Columbus McKinnon Corporation | Columbus McKinnon | Tennessee | local | 2016 | undisclosed | | property tax abatement |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2016 | $16,193 | | tax credit/rebate |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2017 | $61,118 | | tax credit/rebate |
COLUMBUS MCKINNON D/B/A DIXIE INDUSTRIES | Columbus McKinnon | Tennessee | local | 2017 | undisclosed | | property tax abatement |
Columbus McKinnon Corp | Columbus McKinnon | New York | Local | 2018 | $79,914 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2017 | $67,493 | | tax credit/rebate |
Columbus McKinnon Corporation | Columbus McKinnon | New York | state | 2017 | $540,000 | | tax credit/rebate |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2019 | $76,031 | | tax credit/rebate |
COLUMBUS MCKINNON CORP / DIXIE INDUSTRIES | Columbus McKinnon | Tennessee | local | 2010 | $79,969 | | property tax abatement |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2020 | $74,537 | | tax credit/rebate |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2021 | $76,559 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2017 | $17,764 | | tax credit/rebate |
Columbus Mckinnon Corp / Dixie Industries | Columbus McKinnon | Tennessee | local | 2018 | $81,808 | | property tax abatement |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2022 | $70,606 | | tax credit/rebate |
Rofin-Sinar, Inc. | Coherent Corp. | Alabama | state | 2010 | $11,403 | | cost reimbursement |
Rofin-Sinar, Inc. | Coherent Corp. | Alabama | state | 2011 | $11,202 | | cost reimbursement |
COHERENT, INC. | Coherent Corp. | California | state | 2003 | $45,760 | | training reimbursement |
COHERENT, INC. | Coherent Corp. | California | state | 2007 | $8,112 | | training reimbursement |
ROFIN-SINAR, INC. | Coherent Corp. | Michigan | local | 1993 | undisclosed | | property tax abatement |
ROFIN-SINAR, INC. | Coherent Corp. | Michigan | local | 1993 | undisclosed | | property tax abatement |
ROFIN-SINAR, INC. | Coherent Corp. | Michigan | local | 2001 | undisclosed | | property tax abatement |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $350,000 | | training reimbursement |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $402,000 | | tax credit/rebate |
Optium Corporation | Coherent Corp. | Pennsylvania | state | | $98,000 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $250,000 | | grant |
Optium Corporation | Coherent Corp. | Pennsylvania | state | | $75,000 | | grant |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | | | $1,023,500 | loan or bond financing |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2008 | $118,139 | | tax credit/rebate |
Optium Corporation | Coherent Corp. | Pennsylvania | state | 2008 | $73,652 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2009 | $63,849 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2010 | $69,647 | | tax credit/rebate |
M Cubed Technologies | Coherent Corp. | Delaware | state | 2011 | $1,382 | | training reimbursement |
Marlow Industries | Coherent Corp. | Texas | state | 2009 | undisclosed | | training reimbursement |
Marlow Industries | Coherent Corp. | Texas | state | 2011 | undisclosed | | training reimbursement |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2011 | $54,714 | | tax credit/rebate |
II-VI | Coherent Corp. | Mississippi | state | 2012 | $200,000 | | grant |
II-VI | Coherent Corp. | Mississippi | state | 2012 | $200,000 | | grant/loan hybrid program |
VLOC, Inc. | Coherent Corp. | Florida | state | 2000 | $360,000 | | tax credit/rebate |
Optium Corporation | Coherent Corp. | Florida | state | 2002 | undisclosed | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2012 | $135,943 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2012 | $135,842 | | tax credit/rebate |
Rofin-Baasel, Inc. | Coherent Corp. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Coherent Corp. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Coherent Corp. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Coherent Corp. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Nufern, Inc. | Coherent Corp. | Connecticut | state | 2013 | $4,000,000 | | grant/loan hybrid program |
Lightsmyth Technologies, Inc | Coherent Corp. | Oregon | state | 2013 | $3,150 | | property tax abatement |
Coherent, Inc. | Coherent Corp. | United States | federal | 2013 | $492,953 | | federal grant |
M Cubed Technologies Inc | Coherent Corp. | United States | federal | 2011 | | $4,500,000 | federal loan or loan guarantee |
M Cubed Technologies Inc | Coherent Corp. | United States | federal | 2012 | | $4,500,000 | federal loan or loan guarantee |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2013 | $125,832 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2013 | $66,625 | | tax credit/rebate |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | 2013 | $9,462 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2014 | $92,117 | | tax credit/rebate |