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Subsidy Tracker Parent Company Summary
Parent Company Name: SPX Corp.
Ownership Structure: publicly traded (ticker symbol NYSE: SPXC)
Headquartered in: North Carolina
Major Industry: industrial equipment
Specific Industry: industrial equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $20,283,104 | 77 |
| Federal (grants and allocated tax credits) | $40,970,125 | 28 |
| TOTAL | $61,253,229 | 105 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $10,301,450 | 7 |
| TOTAL | $10,301,450 | 7 |
Time Period for State and Local Awards: Earliest year of data: 1990. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| North Carolina | $13,974,813 | 53 |
| Wisconsin | $4,000,000 | 1 |
| South Carolina | $1,500,000 | 1 |
| Michigan | $447,672 | 4 |
| Oklahoma | $161,256 | 7 |
| All other | $199,363 | 11 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| Flair Corporation | North Carolina | state | 2013 | $1,857 | | tax credit/rebate |
| Flair Corporation | North Carolina | state | 2015 | $1,573 | | tax credit/rebate |
| Flair Corporation | North Carolina | state | 2014 | $1,491 | | tax credit/rebate |
| Flair Corporation | North Carolina | state | 2014 | $1,491 | | tax credit/rebate |
| The Marley-Wylain Company | North Carolina | state | 2016 | $1,063 | | tax credit/rebate |
| Spx Corporation | United States | federal | 2011 | | $4,601,050 | federal loan or loan guarantee |
| Spx Cooling Technologies, Inc. | United States | federal | 2014 | | $2,382,487 | federal loan or loan guarantee |
| Air Gage Company | United States | federal | 2008 | | $1,000,000 | federal loan or loan guarantee |
| Air Gage Company | United States | federal | 2009 | | $1,000,000 | federal loan or loan guarantee |
| S&N International LLC | United States | federal | 2002 | | $750,000 | federal insurance |
| S&N Pump Company | United States | federal | 2002 | | $495,000 | federal loan or loan guarantee |
| Spx Cooling Technologies, Inc. | United States | federal | 2014 | | $72,913 | federal loan or loan guarantee |
| SPX Corporation | Illinois | state | 2008 | undisclosed | | tax credit/rebate |
| BOMAG Americas, Inc. | Illinois | state | 2009 | undisclosed | | tax credit/rebate |
| SPX Corporation | Illinois | state | 2009 | undisclosed | | tax credit/rebate |
| BOMAG Americas, Inc. | Illinois | state | 2010 | undisclosed | | tax credit/rebate |
| SPX Corporation | Illinois | state | 2010 | undisclosed | | tax credit/rebate |
| AUTOMOTIVE DIAGNOSTICS DIV. OF SPX CORP. | Michigan | local | 1993 | undisclosed | | property tax abatement |
| AIR GAGE COMPANY | Michigan | local | 1995 | undisclosed | | property tax abatement |
| SPX CORPORATION | Michigan | local | 1998 | undisclosed | | property tax abatement |
| APV NA INC | Michigan | local | 2003 | undisclosed | | property tax abatement |
| SPX CORPORATION | Michigan | local | 2010 | undisclosed | | property tax abatement |
| Toledo Trans-Kit | Ohio | local | 1990 | undisclosed | | enterprise zone |
| Toledo Trans-Kit (amendment) | Ohio | local | 1995 | undisclosed | | enterprise zone |
| BOMAG Americas, Inc. | South Carolina | state | 2015 | undisclosed | | tax credit/rebate |
