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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 |
Graco Minnesota, Inc. | Graco | South Dakota | state | 2018 | $337,500 | | grant |
Graco Minnesota, Inc. | Graco | South Dakota | state | 2021 | $861,480 | | grant |
Graco | Graco | South Dakota | state | 2022 | $4,000 | | grant |
Harsco Corporation | Harsco | South Carolina | state | 2010 | undisclosed | | tax credit/rebate |
Kennametal, Inc. | Kennametal | South Carolina | state | 2009 | undisclosed | | tax credit/rebate |
Sandvik, Inc. | Sandvik | South Carolina | state | 2009 | undisclosed | | tax credit/rebate |
Belden CDT Networking, Inc. | Belden | South Carolina | state | 2005 | undisclosed | | tax credit/rebate |
ESAB Welding & Cutting Products | ESAB Corporation | South Carolina | state | 2007 | undisclosed | | tax credit/rebate |
Harsco Corporation | Harsco | South Carolina | state | 2011 | undisclosed | | tax credit/rebate |
Schaeffler Group USA | Schaeffler Technologies | South Carolina | state | 2011 | undisclosed | | tax credit/rebate |
The Timken Company | Timken | South Carolina | state | 2011 | undisclosed | | tax credit/rebate |
Schaeffler Group USA Inc. | Schaeffler Technologies | South Carolina | state | 2012 | undisclosed | | tax credit/rebate |
ESAB Welding & Cutting Products | ESAB Corporation | South Carolina | state | 2012 | $767,050 | | training reimbursement |
Schaeffler Group USA, Inc - Fort Mill | Schaeffler Technologies | South Carolina | state | 2012 | $81,463 | | training reimbursement |
Schaeffler Group USA, Inc - Spartanburg | Schaeffler Technologies | South Carolina | state | 2012 | $44,947 | | training reimbursement |
Schaeffler Group USA, Inc | Schaeffler Technologies | South Carolina | state | 2011 | $37,808 | | training reimbursement |
TIMKEN | Timken | South Carolina | state | 2010 | $126,256 | | training reimbursement |
Kaydon | SKF | South Carolina | state | 2010 | $278,328 | | training reimbursement |
Crane Company - Exp | Crane Co. | South Carolina | state | 2010 | $64,799 | | training reimbursement |
Timken - Honea Path | Timken | South Carolina | state | 2010 | $91,484 | | training reimbursement |
CRANE CO. | Crane Co. | South Carolina | state | 2009 | $9,912 | | training reimbursement |
SCHWEITZER MAUDUIT INTERNATIONAL | Mativ Holdings | South Carolina | state | 2008 | $178,166 | | training reimbursement |
Kaydon | SKF | South Carolina | state | | $72,802 | | training reimbursement |
The ESAB Group, Inc. | ESAB Corporation | South Carolina | state | 2011 | $875,000 | | grant |
BOMAG Americas, Inc. | SPX Corp. | South Carolina | state | 2014 | $1,500,000 | | grant |
Eaton Aerospace | Eaton | South Carolina | local | 1998 | undisclosed | | property tax abatement |
Eaton Aerospace | Eaton | South Carolina | local | 2013 | undisclosed | | property tax abatement |
SKF | SKF | South Carolina | local | 2005 | undisclosed | | property tax abatement |
SKF | SKF | South Carolina | local | 2013 | undisclosed | | property tax abatement |
Schaeffler Group USA, Inc. | Schaeffler Technologies | South Carolina | state | 2014 | undisclosed | | tax credit/rebate |
BOMAG Americas, Inc. | SPX Corp. | South Carolina | state | 2015 | undisclosed | | tax credit/rebate |
Schaeffler Group USA, Inc. | Schaeffler Technologies | South Carolina | state | 2016 | undisclosed | | tax credit/rebate |
Schaeffler Group USA, Inc. | Schaeffler Technologies | South Carolina | state | 2016 | undisclosed | | tax credit/rebate |
Schaeffler Group USA Inc. | Schaeffler Technologies | South Carolina | state | 2015 | $200,000 | | grant |
Harsco Rail | Harsco | South Carolina | state | 2019 | undisclosed | | tax credit/rebate |
Automatic Switch Company | Emerson Electric | South Carolina | state | 2017 | $150,000 | | grant |
Pentair Electronic Packaging | Pentair | Rhode Island | state | 2009 | undisclosed | | grant |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $350,000 | | training reimbursement |
Harsco Corporation | Harsco | Pennsylvania | state | | $280,000 | | training reimbursement |
Voith Siemens Hydro Power Generation, Inc. | Voith | Pennsylvania | state | | $279,428 | | training reimbursement |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | | $216,000 | | training reimbursement |
SKF USA, Inc. | SKF | Pennsylvania | state | | $200,000 | | training reimbursement |
EBARA Solar, Inc. | Ebara | Pennsylvania | state | | $100,000 | | training reimbursement |
Voith Hydro, Inc. | Voith | Pennsylvania | state | | $100,000 | | training reimbursement |
Eaton Electrical, Inc. | Eaton | Pennsylvania | state | | $200,000 | | grant |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $402,000 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | | $330,000 | | tax credit/rebate |
CLARCOR Air Filtration Products Inc | Parker-Hannifin | Pennsylvania | state | | $300,000 | | tax credit/rebate |
Voith Hydro, Inc. | Voith | Pennsylvania | state | | $282,000 | | tax credit/rebate |
Gardner Denver, Inc. | Ingersoll Rand | Pennsylvania | state | | $159,000 | | tax credit/rebate |
Optium Corporation | Coherent Corp. | Pennsylvania | state | | $98,000 | | tax credit/rebate |
Harsco Corporation | Harsco | Pennsylvania | state | | $88,000 | | tax credit/rebate |
Hydromotion, Inc. | Dover Corp. | Pennsylvania | state | | $86,000 | | tax credit/rebate |
Elliott Company | Ebara | Pennsylvania | state | | $80,000 | | tax credit/rebate |
General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | | $800,000 | | grant |
Eaton Electrical, Inc. | Eaton | Pennsylvania | state | | $600,000 | | grant |
Voith Hydro, Inc. | Voith | Pennsylvania | state | | $425,000 | | grant |
Gardner Denver, Inc. | Ingersoll Rand | Pennsylvania | state | | $265,000 | | grant |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | | $250,000 | | grant |
General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | | $250,000 | | grant |
General Electric Transportation Systems | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | | $250,000 | | grant |
Hydromotion, Inc. | Dover Corp. | Pennsylvania | state | | $220,000 | | grant |
CLARCOR Air Filtration Products Inc | Parker-Hannifin | Pennsylvania | state | | $200,000 | | grant |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | | $100,000 | | grant |
Elliott Company | Ebara | Pennsylvania | state | | $100,000 | | grant |
Harsco Corporation | Harsco | Pennsylvania | state | | $100,000 | | grant |
EBARA Solar, Inc. | Ebara | Pennsylvania | state | | $100,000 | | 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 |
Eaton Electrical Inc. | Eaton | Pennsylvania | state | 2008 | $292,429 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2008 | $118,139 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2008 | $108,981 | | tax credit/rebate |
Optium Corporation | Coherent Corp. | Pennsylvania | state | 2008 | $73,652 | | tax credit/rebate |
Kennametal Inc. | Kennametal | Pennsylvania | state | 2008 | $53,215 | | tax credit/rebate |
Illinois Tool Works Inc. | Illinois Tool Works | Pennsylvania | state | 2008 | $36,287 | | tax credit/rebate |
SPX Corporation | SPX Corp. | Pennsylvania | state | 2008 | $23,302 | | tax credit/rebate |
Signal Technologies, Inc. | Crane Co. | Pennsylvania | state | 2008 | $12,146 | | tax credit/rebate |
Flair Corporation | SPX Corp. | Pennsylvania | state | 2008 | $6,843 | | tax credit/rebate |
Goulds Pumps PA Inc. | ITT Inc. | Pennsylvania | state | 2008 | $1,405 | | tax credit/rebate |
Eaton Electrical, Inc. | Eaton | Pennsylvania | state | 2009 | $98,147 | | tax credit/rebate |
Kennametal Inc. | Kennametal | Pennsylvania | state | 2009 | $65,254 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2009 | $63,849 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2009 | $56,901 | | tax credit/rebate |
SPX Corporation | SPX Corp. | Pennsylvania | state | 2009 | $15,244 | | tax credit/rebate |
Flair Corporation | SPX Corp. | Pennsylvania | state | 2009 | $3,978 | | tax credit/rebate |
Eaton Corporation | Eaton | Pennsylvania | state | 2010 | $88,692 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2010 | $69,647 | | tax credit/rebate |
Kennametal Inc. | Kennametal | Pennsylvania | state | 2010 | $65,095 | | tax credit/rebate |
Emerson Process Management Power & Water Solutions, Inc. | Emerson Electric | Pennsylvania | state | 2010 | $14,273 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2010 | $4,870 | | tax credit/rebate |
ITT Corporation | ITT Inc. | Pennsylvania | state | 2010 | $3,444 | | tax credit/rebate |
Clarcor Air Filtration Products, Inc. | Parker-Hannifin | Pennsylvania | state | | $25,000 | | tax credit/rebate |
Clark Filter, Inc. | Parker-Hannifin | Pennsylvania | state | | $25,000 | | tax credit/rebate |
LORD Corporation | Parker-Hannifin | Pennsylvania | state | | $222,000 | | tax credit/rebate |
Elliott Company | Ebara | Pennsylvania | state | | | $2,000,000 | loan or bond financing |
Eaton Corporation | Eaton | Pennsylvania | state | 2011 | $93,251 | | tax credit/rebate |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2011 | $65,897 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2011 | $61,527 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2011 | $54,714 | | tax credit/rebate |
Elliott Company | Ebara | Pennsylvania | state | 2011 | $40,587 | | tax credit/rebate |
SPX Corporation | SPX Corp. | Pennsylvania | state | 2011 | $14,711 | | tax credit/rebate |