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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 | 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 |
ITT Corporation | ITT Inc. | Utah | state | 2011 | $33,656,000 | | tax credit/rebate |
PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2007 | undisclosed | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2007 | undisclosed | | tax credit/rebate |
HYDRO AIRE INC | Crane Co. | Washington | state | 2008 | undisclosed | | tax credit/rebate |
PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2008 | undisclosed | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2008 | undisclosed | | tax credit/rebate |
PARKER HANNIFIN CORP | Parker-Hannifin | Washington | state | 2009 | undisclosed | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2009 | undisclosed | | tax credit/rebate |
HYDRO AIRE INC | Crane Co. | Washington | state | 2009 | undisclosed | | tax credit/rebate |
MICROPUMP INC | IDEX Corp. | Washington | state | 2004 | undisclosed | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2004 | $157,032 | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2004 | $145,941 | | tax credit/rebate |
UPCHURCH SCIENTIFIC INC | IDEX Corp. | Washington | state | 2004 | $16,673 | | tax credit/rebate |
HYDRO AIRE INC | Crane Co. | Washington | state | 2004 | $2,080 | | tax credit/rebate |
UPCHURCH SCIENTIFIC INC | IDEX Corp. | Washington | state | 2005 | undisclosed | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2005 | $199,087 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2005 | $88,787 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2005 | $6,021 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2006 | $154,607 | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2006 | $91,106 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2006 | $61,397 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2007 | $194,406 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2007 | $66,495 | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2007 | $57,915 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2008 | $258,042 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2008 | $67,960 | | tax credit/rebate |
RUDOLPH TECHNOLOGIES INC | Onto Innovation Inc. | Washington | state | 2008 | $36,720 | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2008 | $12,103 | | tax credit/rebate |
UPCHURCH SCIENTIFIC INC | IDEX Corp. | Washington | state | 2008 | $6,539 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2009 | $242,704 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2009 | $67,601 | | tax credit/rebate |
ISOTHERMAL SYSTEMS RESEARCH INC | Parker-Hannifin | Washington | state | 2009 | $26,216 | | tax credit/rebate |
Walter USA, LLC | Sandvik | Wisconsin | state | 2010 | $300,000 | | tax credit/rebate |
Neenah Paper, Inc. | Mativ Holdings | Wisconsin | state | 2007 | $445,000 | | tax credit/rebate |
Waukesha Electric Systems | SPX Corp. | Wisconsin | state | 2010 | $4,000,000 | | tax credit/rebate |
Neenah Paper Company | Mativ Holdings | Wisconsin | state | 2011 | $41,080 | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | Wisconsin | state | 2011 | $590,000 | | tax credit/rebate |
EATON AEROQUIP | Eaton | Arkansas | state | 2010 | $812,584 | | tax credit/rebate |
EATON AEROQUIP, LLC | Eaton | Arkansas | state | 2010 | $438,309 | | tax credit/rebate |
PASLODE | Illinois Tool Works | Arkansas | state | 2010 | $6,527 | | tax credit/rebate |
EATON HYDRAULICS LLC | Eaton | Arkansas | state | 2010 | $135,383 | | tax credit/rebate |
EATON HYDRAULICS LLC | Eaton | Arkansas | state | 2010 | $160,005 | | tax credit/rebate |
EATON AEROQUIP LLC | Eaton | Arkansas | state | 2010 | $170,891 | | tax credit/rebate |
EATON AEROQUIP LLC | Eaton | Arkansas | state | 2010 | $220,159 | | tax credit/rebate |
EATON HYDRAULICS INC | Eaton | Arkansas | state | 2010 | $244,011 | | tax credit/rebate |
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 |
General Electric Transportation | Westinghouse Air Brake Technologies (Wabtec) | Nevada | state | 2008 | $179,515 | | tax credit/rebate |
Cooper Power System | Eaton | Texas | local | 2000 | undisclosed | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | Texas | local | 2000 | undisclosed | | tax credit/rebate |
Atlas Copco Drilling Solutions LLC | Atlas Copco | Texas | local | 2008 | undisclosed | | tax credit/rebate |
Kop-Flex, Inc. | Emerson Electric | Kentucky | state | 2012 | $1,000,000 | | tax credit/rebate |
Atlas Copco USA Holdings, Inc. | Atlas Copco | Kentucky | state | 2012 | $650,000 | | tax credit/rebate |
Kimball Furniture Group Inc. d/b/a National Office Furniture - Fordsville | Kimball Electronics | Kentucky | state | 2012 | $615,000 | | tax credit/rebate |
Markem-Imaje Corporation | Dover Corp. | New Hampshire | state | 2012 | undisclosed | | tax credit/rebate |
Automatic Switch Company | Emerson Electric | North Carolina | state | 2011 | $280,000 | | tax credit/rebate |
Consolidated Metco, Inc. | Amsted Industries | North Carolina | state | 2011 | $185,000 | | tax credit/rebate |
OPW Fueling Containment Systems, Inc. | Dover Corp. | North Carolina | state | 2011 | $24,000 | | tax credit/rebate |
Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2011 | $73,511 | | tax credit/rebate |
Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2011 | $81,810 | | tax credit/rebate |
Automatic Switch Company | Emerson Electric | North Carolina | state | 2011 | $546,217 | | tax credit/rebate |
Consolidated Metco, Inc. | Amsted Industries | North Carolina | state | 2011 | $16,997 | | tax credit/rebate |
The Timken Company | Timken | Ohio | state | 2011 | $19,463,250 | | 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 |
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 |
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 |
HELAC CORP | Parker-Hannifin | Washington | state | 2010 | $2,875 | | tax credit/rebate |
ELDEC CORP | Crane Co. | Washington | state | 2010 | $183,352 | | tax credit/rebate |
INTERPOINT CORP | Crane Co. | Washington | state | 2010 | $75,519 | | tax credit/rebate |
RUDOLPH TECHNOLOGIES INC | Onto Innovation Inc. | Washington | state | 2010 | $9,363 | | tax credit/rebate |
Sandvik, Inc. | Sandvik | North Carolina | state | 2011 | $5,788 | | tax credit/rebate |
Sioux Tools, Inc. | Snap-on | North Carolina | state | 2011 | $7,364 | | tax credit/rebate |
Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2011 | $9,060 | | tax credit/rebate |
Cooper US, Inc. | Eaton | North Carolina | state | 2011 | $9,428 | | tax credit/rebate |
IMO Industries, Inc. | ESAB Corporation | North Carolina | state | 2011 | $11,317 | | tax credit/rebate |
Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2011 | $13,976 | | tax credit/rebate |
Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2011 | $28,634 | | tax credit/rebate |
Waukesha Electric Systems, Inc. | SPX Corp. | North Carolina | state | 2011 | $31,479 | | tax credit/rebate |