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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 |
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 |
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 |