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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 |
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 |
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 |
CLEAN EARTH OF CARTERET, LLC | Harsco | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
CLEAN EARTH OF NORTH JERSEY, INC. | Harsco | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
ILLINOIS TOOL WORKS INC. | Illinois Tool Works | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
PARKER HANNIFIN CORPORATION | Parker-Hannifin | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
TRANSWEB, LLC | Parker-Hannifin | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Harsco Corporation Dba Harsco Metals | Harsco | Pennsylvania | state | | $62,025 | | training reimbursement |
Metso USA, Inc & Subsidiaries, Inc. | Neles | Colorado | state | | $1,837 | | tax credit/rebate |
BAND-IT IDEX, Inc | IDEX Corp. | Colorado | state | | $57,356 | | tax credit/rebate |
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 |
Kaydon | SKF | South Carolina | state | | $72,802 | | training reimbursement |
Harsco Corporation | Harsco | Pennsylvania | state | | $62,025 | | training reimbursement |
Snap On Tools | Snap-on | North Carolina | local | | $11,044 | | infrastructure assistance |
EATON CORPORATION | Eaton | Arkansas | state | | $219,737 | | tax credit/rebate |
KENNAMETAL INC. | Kennametal | Arkansas | state | | $1,218,614 | | tax credit/rebate |
EATON HYDRAULICS LLC | Eaton | Arkansas | state | | $1,023,550 | | tax credit/rebate |
EATON AEROQUIP LLC | Eaton | Arkansas | state | | $789,982 | | tax credit/rebate |
SOUTHWEST STEEL PROCESSING LLC | Park-Ohio Holdings | Arkansas | state | | $639,455 | | tax credit/rebate |