Subsidy Tracker: Industry Summary Page

Major Industry: 
industrial equipment
Subsidy Total: 
$1,096,855,752
Number of Awards: 
2,606
Time Period: 

Earliest year of data: 1989. 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 2011.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. 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 CompaniesTotal Subsidy $Number of Awards
Babcock & Wilcox$262,461,02745
Eaton$182,766,136217
Emerson Electric$85,191,003108
ITT Inc.$80,376,71889
SPX Corp.$56,766,072115
Parker-Hannifin$48,702,121173
Giner$47,380,400121
Timken$40,424,34538
Pentair$35,191,95936
Precision Combustion Inc.$27,732,40993


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2017 $112,822,420 federal grant
Eaton Eaton Ohio multiple 2009 $85,000,000 MEGADEAL
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2013 $78,797,665 federal grant
ITT Corporation ITT Inc. Utah state 2011 $33,656,000 tax credit/rebate
Eaton Corporation Eaton Ohio state 2008 $30,417,493 tax credit/rebate
Hoffman Enclosures Inc. Pentair Kentucky state 1997 $29,500,000 tax credit/rebate
Goulds Pumps ITT Industries ITT Inc. New York state 2014 $25,073,327 enterprise zone
Automatic Switch Company Emerson Electric New Jersey state 2012 $24,500,000 tax credit/rebate
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2013 $20,491,493 federal grant
The Timken Company Timken Ohio state 2011 $19,463,250 tax credit/rebate
Eaton Corporation Eaton Ohio state 2008 $17,670,632 tax credit/rebate
Waukesha Electric Systems, Inc. SPX Corp. United States federal 2010 $12,450,000 federal allocated tax credit
WAUKESHA ELECTRIC SYSTEMS, INC. SPX Corp. United States federal 2010 $10,774,411 federal grant
Lincoln Electric Company Lincoln Electric Holdings Ohio state 2012 $9,000,000 tax credit/rebate
Clarcor Air Filtration Products, Inc. Parker-Hannifin Kentucky state 2001 $8,701,079 tax credit/rebate
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2014 $7,529,602 federal grant
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2014 $6,176,119 federal grant
Barden Corporation Schaeffler Technologies Connecticut state 2011 $6,000,000 grant/loan hybrid program
SPX SPX Corp. North Carolina local 2011 $5,827,691 grant
Fluid Routing Solutions, Inc. Park-Ohio Holdings Kentucky state 2010 $5,600,000 tax credit/rebate
SPX Corporation SPX Corp. North Carolina state 2010 $5,539,000 grant
Trane US Inc, A Division American Standard, Inc. Ingersoll-Rand Wisconsin state 2014 $5,500,000 tax credit/rebate
Trane US Inc. Ingersoll-Rand Wisconsin state 2015 $5,500,000 tax credit/rebate
Emerson Power Transmission, Mfg., L.P. Emerson Electric Kentucky state 2001 $5,462,280 tax credit/rebate
EATON CORPORATION Eaton United States federal 2016 $5,345,924 federal grant
EATON CORPORATION Eaton United States federal 2018 $5,345,924 federal grant
EXTRUDE HONE CORPORATION Kennametal United States federal 2004 $4,938,300 federal grant
Emerson Electric Co. Emerson Electric Kentucky state 2005 $4,759,381 tax credit/rebate
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2017 $4,744,605 federal grant
EMERSON CLIMATE TECHNOLOGIES INC Emerson Electric Ohio state 2016 $4,500,000 grant/loan hybrid program
EMERSON CLIMATE TECHNOLOGIES INC Emerson Electric Ohio state 2016 $4,500,000 grant
Parker Hydraulics Systems Parker-Hannifin Michigan state 2010 $4,384,000 tax credit/rebate
BABCOCK & WILCOX TECHNICAL SERVICES GROUP, IN Babcock & Wilcox United States federal 2010 $4,300,000 federal grant
Waukesha Electric Systems SPX Corp. Wisconsin state 2010 $4,000,000 tax credit/rebate
Nufern, Inc. Coherent Inc. Connecticut state 2013 $4,000,000 grant/loan hybrid program
Dover Corporation Dover Corp. Illinois state 2013 $3,859,336 tax credit/rebate
EXTRUDE HONE CORPORATION Kennametal United States federal 2002 $3,591,000 federal grant
Halox Technologies, Inc. n/k/a IDEX Health & Science IDEX Connecticut state 1998 $3,500,000 grant
Clarcor Air Filtration Products, Inc. Parker-Hannifin Indiana state 2010 $3,500,000 tax credit/rebate
EATON CORPORATION Eaton United States federal 2012 $3,400,000 federal grant
BABCOCK & WILCOX TECHNICAL SERVICES GROUP, IN Babcock & Wilcox United States federal 2009 $3,362,922 federal grant
Instrument and Valve Services Inc. Emerson Electric Louisiana state 2013 $3,357,930 tax credit/rebate
EATON CORPORATION Eaton United States federal 2018 $3,350,928 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2016 $3,289,925 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2018 $3,289,925 federal grant
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2007 $3,185,400 tax credit/rebate
Voith Hydro Voith United States federal 2010 $3,083,263 federal allocated tax credit
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2003 $3,000,000 tax credit/rebate
SMC Corporation of America SMC Corp. Indiana state 2009 $3,000,000 tax credit/rebate
ASCO Power Technologies, L.P. Emerson Electric North Carolina state 2009 $2,990,000 grant
THE TIMKEN COMPANY Timken United States federal 2008 $2,790,880 federal grant
Dover Corporation Dover Corp. Illinois state 2014 $2,739,483 tax credit/rebate
Franklin Electric Co., Inc. Franklin Electric Indiana state 2011 $2,700,000 tax credit/rebate
THE BABCOCK & WILCOX COMPANY Babcock & Wilcox United States federal 2006 $2,486,000 federal grant
BABCOCK & WILCOX POWER GENERATION GROUP, INC. Babcock & Wilcox United States federal 2013 $2,483,005 federal grant
EATON CORPORATION Eaton United States federal 2014 $2,428,655 federal grant
EATON CORPORATION Eaton United States federal 2017 $2,428,655 federal grant
EATON CORPORATION Eaton United States federal 2013 $2,418,242 federal grant
GINER, INC. Giner United States federal 2016 $2,367,218 federal grant
GINER, INC. Giner United States federal 2018 $2,367,218 federal grant
EATON CORPORATION Eaton United States federal 2018 $2,351,278 federal grant
GINER ELECTROCHEMICAL SYSTEMS, LLC Giner United States federal 2017 $2,347,479 federal grant
PARKER HANNIFIN CORP Parker-Hannifin Ohio state 2012 $2,329,087 grant/loan hybrid program
Emerson Power Emerson Electric Kentucky state 2009 $2,300,000 tax credit/rebate
Instrument and Valve Services Inc. Emerson Electric Louisiana state 2015 $2,236,396 property tax abatement
PARKER HANNIFIN CORP Parker-Hannifin Indiana local 2007 $2,221,900 property tax abatement
Solus Industrial Innovations, LLC Emerson Electric Kentucky state 2011 $2,208,000 tax credit/rebate
Fisher Controls International LLC 07-EZ-026 Emerson Electric Iowa state 2006 $2,187,250 enterprise zone
PARKER HANNIFIN CORPORATION Parker-Hannifin Indiana local 2008 $2,185,732 property tax abatement
BioStorage Technologies, Inc. Brooks Automation Indiana state 2005 $2,174,151 tax credit/rebate
GINER, INC. Giner United States federal 2018 $2,149,886 federal grant
PRECISION COMBUSTION, INC. Precision Combustion Inc. United States federal 2018 $2,148,951 federal grant
Parker-Hannifin Corporation Parker-Hannifin Ohio state 2011 $2,148,540 tax credit/rebate
Dover Corporation Dover Corp. Illinois state 2015 $2,064,271 tax credit/rebate
WAUKESHA ELECTRIC SYSTEM SPX Corp. United States federal 2000 $2,038,363 federal grant
EATON CORPORATION Eaton United States federal 2012 $2,001,630 federal grant
AvBorne Heavy Maintenance, Inc. Dover Corp. Florida state 1997 $2,000,000 tax credit/rebate
NACCO Materials Handling Group, Inc. Hyster-Yale Materials Handling Kentucky state 2013 $2,000,000 tax credit/rebate
Eaton Eaton North Carolina local 2011 $2,000,000 grant
EATON CORPORATION Eaton United States federal 2015 $1,999,439 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,999,439 federal grant
GINER, INC. Giner United States federal 2018 $1,998,934 federal grant
THE TIMKEN COMPANY Timken United States federal 2007 $1,980,000 federal grant
TIMKEN CO Timken United States federal 2004 $1,975,000 federal grant
THE TIMKEN COMPANY Timken United States federal 2005 $1,972,215 federal grant
EATON CORPORATION Eaton United States federal 2017 $1,957,048 federal grant
KENNAMETAL INC Kennametal United States federal 2006 $1,949,996 federal grant
Dielectric Laboratories Inc. Dover Corp. New York state 2015 $1,922,460 tax credit/rebate
The Lincoln Electric Company Lincoln Electric Holdings United States federal 2011 $1,906,036 federal grant
Goulds Pumps and ITT Industries Co. ITT Inc. New York state 2003 $1,905,100 enterprise zone
EATON CORPORATION Eaton United States federal 2010 $1,861,364 federal grant
THE TIMKEN COMPANY Timken United States federal 2007 $1,861,208 federal grant
EATON CORPORATION Eaton United States federal 2016 $1,813,571 federal grant
EATON CORPORATION Eaton United States federal 2017 $1,813,571 federal grant
Pentair Water Pool & Spa, Inc. Pentair North Carolina state 2008 $1,789,213 tax credit/rebate
Kaydon SKF United States federal 2010 $1,774,800 federal allocated tax credit
LORD Corporation Lord Corporation Pennsylvania state $1,750,000 grant
EATON CORPORATION Eaton United States federal 2014 $1,749,820 federal grant
EATON CORPORATION Eaton United States federal 2018 $1,749,820 federal grant
Alliance Compressors Emerson Electric Louisiana state 2015 $1,727,909 property tax abatement
GINER, INC. Giner United States federal 2018 $1,724,936 federal grant
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