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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 |
SPX Corporation | SPX Corp. | Pennsylvania | state | 2011 | $14,711 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2011 | $11,996 | | tax credit/rebate |
Wabtec Corporation | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | 2011 | $4,663 | | tax credit/rebate |
ITT Corporation | ITT Inc. | Pennsylvania | state | 2011 | $3,589 | | 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 |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2012 | $131,241 | | tax credit/rebate |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2012 | $107,810 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2012 | $55,462 | | tax credit/rebate |
SPX Corporation | SPX Corp. | Pennsylvania | state | 2012 | $49,786 | | tax credit/rebate |
Eaton Corporation | Eaton | Pennsylvania | state | 2012 | $26,078 | | tax credit/rebate |
Elliott Company | Ebara | Pennsylvania | state | 2012 | $22,159 | | tax credit/rebate |
Signal Technologies, Inc. | Crane Co. | Pennsylvania | state | 2012 | $20,309 | | tax credit/rebate |
Harsco Corporation | Harsco | Pennsylvania | state | 2012 | $6,114 | | tax credit/rebate |
Harsco Corporation Dba Harsco Metals | Harsco | Pennsylvania | state | | $62,025 | | training reimbursement |
LORD Corporation | Parker-Hannifin | Pennsylvania | state | | $1,750,000 | | grant |
Flowserve US Inc. | Flowserve | Pennsylvania | state | | $310,000 | | grant |
Brooks Instrument, LLC | Illinois Tool Works | Pennsylvania | state | | $152,220 | | grant |
Harsco Corporation | Harsco | Pennsylvania | state | | $62,025 | | training reimbursement |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2013 | $223,855 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2013 | $198,134 | | tax credit/rebate |
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 |
Harsco Corporation | Harsco | Pennsylvania | state | 2013 | $30,187 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2013 | $25,744 | | tax credit/rebate |
SKF USA, Inc. | SKF | Pennsylvania | state | 2013 | $15,476 | | tax credit/rebate |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | 2013 | $9,462 | | tax credit/rebate |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2014 | $285,077 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2014 | $248,050 | | tax credit/rebate |
GrafTech International, Ltd. | GrafTech International | Pennsylvania | state | 2014 | $111,779 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2014 | $92,117 | | tax credit/rebate |
SKF USA, Inc. | SKF | Pennsylvania | state | 2014 | $75,248 | | tax credit/rebate |
Eaton Corporation | Eaton | Pennsylvania | state | 2014 | $47,157 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2014 | $13,193 | | tax credit/rebate |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | 2014 | $1,138 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2015 | $498,784 | | tax credit/rebate |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2015 | $317,503 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2015 | $86,050 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2015 | $82,486 | | tax credit/rebate |
SKF USA, Inc. | SKF | Pennsylvania | state | 2015 | $68,217 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2015 | $16,303 | | tax credit/rebate |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | 2015 | $15,190 | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | Pennsylvania | state | 2015 | $15,129 | | tax credit/rebate |
Voith Hydro Inc | Voith | Pennsylvania | state | 2016 | $100,000 | | grant |
Andritz, Inc. | Andritz | Pennsylvania | state | 2016 | $26,557 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2016 | $91,146 | | tax credit/rebate |
Flowserve US, Inc. | Flowserve | Pennsylvania | state | 2016 | $9,836 | | tax credit/rebate |
G&B Specialties, Inc. | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | 2016 | $3,283 | | tax credit/rebate |
II-VI Incorporated | Coherent Corp. | Pennsylvania | state | 2016 | $154,183 | | tax credit/rebate |
Innovative Control Systems, Inc. | Emerson Electric | Pennsylvania | state | 2016 | $9,474 | | tax credit/rebate |
Kennametal, Inc. | Kennametal | Pennsylvania | state | 2016 | $212,539 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2016 | $257,690 | | tax credit/rebate |
Max Levy Autograph, Inc. | Coherent Corp. | Pennsylvania | state | 2016 | $18,606 | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | Pennsylvania | state | 2016 | $17,586 | | tax credit/rebate |
Wabtec Corporation | Westinghouse Air Brake Technologies (Wabtec) | Pennsylvania | state | 2016 | $70,049 | | tax credit/rebate |
AIP/BI Holdings, Inc. | Illinois Tool Works | Pennsylvania | state | 2017 | $65,644 | | tax credit/rebate |
Andritz, Inc. | Andritz | Pennsylvania | state | 2017 | $36,134 | | tax credit/rebate |
II VI Incorporated | Coherent Corp. | Pennsylvania | state | 2017 | $32,665 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2017 | $25,438 | | tax credit/rebate |
Clean Earth, Inc. | Harsco | Pennsylvania | state | 2017 | $10,932 | | tax credit/rebate |
Belden, Inc. | Belden | Pennsylvania | state | 2017 | $3,550 | | tax credit/rebate |
II VI Optical Systems, Inc. | Coherent Corp. | Pennsylvania | state | 2017 | $2,455 | | tax credit/rebate |
Flowserve US, Inc. | Flowserve | Pennsylvania | state | 2017 | $2,064 | | tax credit/rebate |
Lord Corporation | Parker-Hannifin | Pennsylvania | state | 2017 | $1,107 | | tax credit/rebate |
ANDRITZ INC | Andritz | Pennsylvania | state | 2020 | $13,200 | | tax credit/rebate |
II VI INCORPORATED | Coherent Corp. | Pennsylvania | state | 2020 | $17,400 | | tax credit/rebate |
METSO MINERALS INDUSTRIES INC | Metso Outotec | Pennsylvania | state | 2020 | $71,400 | | tax credit/rebate |
SKF USA INC | SKF | Pennsylvania | state | 2020 | $5,600 | | tax credit/rebate |
Kennametal Inc | Kennametal | Pennsylvania | state | 2021 | $41,900 | | tax credit/rebate |
Ii-Vi Aerospace & Defense, Inc. | Coherent Corp. | Pennsylvania | state | 2021 | $12,100 | | tax credit/rebate |
Skf USA Inc | SKF | Pennsylvania | state | 2021 | $10,200 | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | Pennsylvania | state | 2021 | $8,700 | | tax credit/rebate |
Finisar Corporation | Coherent Corp. | Pennsylvania | state | 2021 | $4,900 | | tax credit/rebate |
Pioneer Pump, Inc | Franklin Electric | Oregon | state | 2007 | $3,476 | | tax credit/rebate |
OECO,LLC | Parker-Hannifin | Oregon | state | 2007 | $48,217 | | tax credit/rebate |
SWAGELOK | Swagelok | Oregon | state | 2007 | $1,565 | | tax credit/rebate |
Warn Industries | Dover Corp. | Oregon | state | 2010 | $37,110 | | tax credit/rebate |
Voith Paper Fabrics & Roll System Inc | Voith | Oregon | state | 2010 | $1,720 | | tax credit/rebate |
Tektronix Inc | Fortive | Oregon | state | 2010 | $12,859 | | tax credit/rebate |
OECO | Parker-Hannifin | Oregon | state | 2006 | $13,389 | | training reimbursement |
Synetics Solutions, Inc. | Brooks Automation | Oregon | state | 2004 | $71,666 | | training reimbursement |
Synetics Solutions | Brooks Automation | Oregon | state | 2006 | $68,000 | | training reimbursement |
Synetics Solutions, | Brooks Automation | Oregon | state | 2005 | undisclosed | | training reimbursement |
Meggitt Silicon Products | Parker-Hannifin | Oregon | state | 2013 | $15,087 | | tax credit/rebate |
Meggitt Polymers & Composites | Parker-Hannifin | Oregon | state | 2013 | $14,058 | | tax credit/rebate |
OECO | Parker-Hannifin | Oregon | state | 2013 | $14,188 | | tax credit/rebate |
Lightsmyth Technologies, Inc | Coherent Corp. | Oregon | state | 2013 | $3,150 | | property tax abatement |
Lightsmyth Technologies Inc. | Coherent Corp. | Oregon | state | 2016 | $2,580 | | property tax abatement |
Ebara Technologies Inc. | Ebara | Oregon | local | 2020 | $90,961 | | property tax abatement |
Consolidated Metco, Inc. | Amsted Industries | Oregon | local | 2020 | $29,818 | | property tax abatement |
Consolidated Metco, Inc. | Amsted Industries | Oregon | local | 2021 | $124,321 | | property tax abatement |
Ebara Technologies Inc. | Ebara | Oregon | local | 2021 | $122,650 | | property tax abatement |
Ebara Technologies Inc. | Ebara | Oregon | local | 2022 | $109,193 | | property tax abatement |
Consolidated Metco, Inc. | Amsted Industries | Oregon | local | 2022 | $131,830 | | property tax abatement |
Consolidated Metco, Inc. | Amsted Industries | Oregon | local | 2023 | $114,476 | | property tax abatement |
Ebara Technologies Inc. | Ebara | Oregon | local | 2023 | $99,050 | | property tax abatement |
YUBA HEAT TRANSFER | SPX Corp. | Oklahoma | state | 2009 | $19,852 | | training reimbursement |
FRANKLIN ELECTRIC CO INC | Franklin Electric | Oklahoma | state | 2011 | $7,224 | | training reimbursement |
GARDNER DENVER | Ingersoll Rand | Oklahoma | state | 2011 | $22,839 | | training reimbursement |
CORKEN,INC | IDEX Corp. | Oklahoma | state | 2007 | $28,306 | | tax credit/rebate |
DP MANUFACTURING,INC | Dover Corp. | Oklahoma | state | 2007 | $22,141 | | tax credit/rebate |