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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 |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Nsk Steering Systems America, Inc. | NSK | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Parker-Hannifin Corporation | Parker-Hannifin | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Parker-Hannifin Corporation | Parker-Hannifin | Tennessee | state | 2022 | undisclosed | | property tax abatement |
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 |
Columbus McKinnon Corp. | Columbus McKinnon | New York | local | 2022 | $70,606 | | tax credit/rebate |
Goulds Pumps Incorporated 2012/2013 Project | ITT Inc. | New York | local | 2022 | $24,751 | | tax credit/rebate |
Graham Corporation | Graham Corp. | New York | local | 2022 | $19,317 | | tax credit/rebate |
Graham Corporation | Graham Corp. | New York | local | 2022 | $11,308 | | tax credit/rebate |
Qualitrol Company LLC | Fortive | New York | local | 2022 | $3,189 | | tax credit/rebate |
Enidine Incorporated | ITT Inc. | New York | local | 2022 | $2,303 | | tax credit/rebate |
Graham Corporation (20 Florence Avenue) | Graham Corp. | New York | local | 2022 | $1,919 | | tax credit/rebate |
Donaldson Company Inc | Donaldson Co. | Indiana | state | 2023 | $750,000 | | tax credit/rebate |
NSK Precision America, Inc. | NSK | Indiana | state | 2023 | $575,000 | | tax credit/rebate |
Donaldson Company Inc | Donaldson Co. | Indiana | state | 2023 | $500,000 | | tax credit/rebate |
Graco Minnesota Inc | Graco | Minnesota | state | 2023 | $737,000 | | grant |
Alliance Compressors LLC | Emerson Electric | Louisiana | state | 2023 | $134,857 | | property tax abatement |
Alliance Compressors LLC | Emerson Electric | Louisiana | state | 2023 | $2,300,244 | | property tax abatement |
Flowserve Corporation | Flowserve | Texas | local | 2023 | undisclosed | | grant |
Eaton Corporation | Eaton | United States | federal | 2023 | $884,100 | | federal grant |
Giner Inc | Giner | United States | federal | 2023 | $206,500 | | federal grant |
Giner Inc | Giner | United States | federal | 2023 | $199,924 | | federal grant |
Giner Inc | Giner | United States | federal | 2023 | $206,500 | | federal grant |
Luna Innovations Incorporated | Luna Innovations | United States | federal | 2023 | $199,999 | | federal grant |
Luna Innovations Incorporated | Luna Innovations | United States | federal | 2023 | $199,935 | | federal grant |
Precision Combustion, Inc. | Precision Combustion Inc. | United States | federal | 2023 | $5,853,559 | | federal grant |
Crane Composites, Inc. | Crane Co. | United States | federal | 2023 | | $3,000,000 | federal loan or loan guarantee |
Belvac Production Machinery, Inc. | Dover Corp. | United States | federal | 2023 | | $16,843,578 | federal loan or loan guarantee |
Emerson Electric Co. | Emerson Electric | Kentucky | state | 2023 | $75,000 | | training reimbursement |
Eaton Corporation Proving Ground | Eaton | Michigan | state | 2023 | $600,000 | | tax credit/rebate |
Fanuc Robotics America Corporation | Fanuc | Michigan | state | 2023 | $1,938,847 | | tax credit/rebate |
Belvac Production Machinery, Inc. | Dover Corp. | United States | federal | 2023 | | $16,843,578 | federal loan or loan guarantee |
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 |