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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 |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2009 | $237,157 | | federal grant |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2009 | $184,000 | | federal grant |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2010 | $100,954 | | federal grant |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2009 | $40,345 | | federal grant |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2009 | $28,329 | | federal grant |
| SPX COOLING TECHNOLOGIES INC | United States | federal | 2009 | $23,912 | | federal grant |
| SPX COOLING TECHNOLOGIES, INC | United States | federal | 2007 | $208,000 | | federal grant |
| SPX COOLING TECHNOLOGIES, INC | United States | federal | 2007 | $128,020 | | federal grant |
| SPX COOLING TECHNOLOGIES, INC | United States | federal | 2007 | $104,082 | | federal grant |
| SPX COOLING TECHNOLOGIES, INC | United States | federal | 2006 | $100,000 | | federal grant |
| SPX COOLING TECHNOLOGIES, INC | United States | federal | 2006 | $100,000 | | federal grant |
| WAUKESHA ELECTRIC SYSTEMS, INC. | United States | federal | 2010 | $10,774,411 | | federal grant |
| WAUKESHA ELECTRIC SYSTEMS, INC. | United States | federal | 2014 | $824,100 | | federal grant |
| WAUKESHA ELECTRIC SYSTEMS, INC. | United States | federal | 2012 | $400,000 | | federal grant |
| 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 |
| Spx Cooling Technologies, Inc. | United States | federal | 2014 | | $72,913 | federal loan or loan guarantee |
| Spx Cooling Technologies, Inc. | United States | federal | 2014 | | $2,382,487 | federal loan or loan guarantee |
| Spx Corporation | United States | federal | 2011 | | $4,601,050 | federal loan or loan guarantee |
| S&N Pump Company | United States | federal | 2002 | | $495,000 | federal loan or loan guarantee |
| S&N International LLC | United States | federal | 2002 | | $750,000 | federal insurance |
| Waukesha Electric Systems, Inc. | United States | federal | 2010 | $12,450,000 | | federal allocated tax credit |
| WAUKESHA ELECTRIC SYSTEMS, INC. | United States | federal | 2017 | $894,100 | | federal grant |
| WAUKESHA ELECTRIC SYSTEMS, INC. | United States | federal | 2019 | $889,536 | | federal grant |
| WAUKESHA ELECTRIC SYSTEMS, INC | United States | federal | 2018 | $7,272,278 | | federal grant |
