Subsidy Tracker Parent Company Summary
Parent Company Name:
ITT Inc.
Ownership Structure:
publicly traded (ticker symbol ITT)
Headquartered in:
New York
Major Industry:
industrial equipment
Specific Industry:
industrial equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $80,692,731 | 82 |
| Federal (grants and allocated tax credits) | $1,494,526 | 10 |
| TOTAL | $82,187,257 | 92 |
| 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) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1993. 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 2010.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
ENIDINE; GOULDS PUMPS; GOULDS PUMPS 2012 / 2013 PROJECT; GOULDS PUMPS AND ITT IND; GOULDS PUMPS ITT IND; ITT INC; ITT Industries; WOLVERINE ADVANCED MATERIALS
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| New York | $44,142,719 | 63 |
| Utah | $33,744,000 | 2 |
| Indiana | $1,380,000 | 2 |
| California | $433,377 | 3 |
| Maryland | $350,000 | 2 |
| All other | $642,635 | 10 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| ITT Corporation | Utah | state | 2011 | $33,656,000 | tax credit/rebate | |
| Goulds Pumps ITT Industries | New York | state | 2014 | $25,073,327 | enterprise zone | |
| Goulds Pumps and ITT Industries Co. | New York | state | 2003 | $1,905,100 | enterprise zone | |
| Goulds Pumps, Inc. | New York | state | 2015 | $1,500,000 | tax credit/rebate | |
| ITT Corporation | Indiana | state | 2011 | $1,330,000 | tax credit/rebate | |
| Goulds Pumps Incorporated 2012/2013 Project | New York | local | 2013 | $1,001,348 | tax credit/rebate; property tax abatement | |
| ITT Corporation | New York | local | 2011 | $953,321 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | New York | state | 2015 | $832,302 | enterprise zone | |
| Goulds Pumps ITT Industries | New York | state | 2013 | $816,071 | enterprise zone | |
| Goulds Pumps Incorporated 2012/2013 Project | New York | local | 2014 | $797,798 | tax credit/rebate | |
| ITT Corporation | New York | local | 2008 | $677,169 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps Inc. (2) | New York | local | 2012 | $673,709 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | New York | local | 2008 | $649,878 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | New York | local | 2010 | $618,803 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | New York | state | 2010 | $537,750 | enterprise zone | |
| ITT Corporation 2012/2013 Project (part III) | New York | local | 2013 | $523,854 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | New York | state | 2009 | $515,406 | enterprise zone | |
| ITT/Goulds Pumps, Inc. | New York | local | 2011 | $495,204 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | New York | local | 2007 | $461,424 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | New York | local | 2009 | $459,528 | tax credit/rebate; property tax abatement | |
| Goulds Pumps Administration, Inc. | New York | state | 2005 | $455,415 | enterprise zone | |
| ITT CORPORATION (8950) | United States | federal | 2008 | $449,919 | federal grant | |
| Goulds Pumps Administration, Inc. | New York | state | 2004 | $435,433 | enterprise zone | |
| Goulds Pumps Administration Inc. | New York | state | 2006 | $430,000 | enterprise zone | |
| Goulds Pumps Administration, Inc. | New York | state | 2003 | $419,114 | enterprise zone | |
| Goulds Pumps Administration, Inc. | New York | state | 2002 | $414,373 | enterprise zone | |
| Goulds Pumps and ITT Industries Co. | New York | state | 2002 | $393,700 | enterprise zone | |
| Goulds Pumps and ITT Industries Co. | New York | state | 2001 | $340,000 | enterprise zone | |
| ITT AVIONICS | United States | federal | 2000 | $288,674 | federal grant | |
| Goulds Pump, Inc., | New York | local | 2005 | $279,708 | tax credit/rebate; property tax abatement | |
| Goulds Pump, Inc., | New York | local | 2004 | $269,976 | tax credit/rebate; property tax abatement | |
| ITT GILFILLAN, A DIVISION OF ITT INDUSTRIES, INC. | California | state | 2003 | $254,118 | training reimbursement | |
| ITT Corporation/EVI Technology | Maryland | state | 2010 | $250,000 | grant/loan hybrid program | |
| Wolverine Advanced Materials | Virginia | state | 2015 | $250,000 | grant | |
| Goulds Pump, Inc., | New York | local | 2006 | $236,702 | tax credit/rebate; property tax abatement | |
| Goulds Pumps Inc. | New York | local | 2007 | $234,912 | tax credit/rebate; property tax abatement | |
| ITT/Goulds Pumps, Inc. | New York | local | 2008 | $216,626 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | New York | local | 2008 | $195,040 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | New York | state | 2003 | $161,028 | enterprise zone | |
| Goulds Pumps ITT Industries | New York | state | 2012 | $153,504 | enterprise zone | |
| ITT/Goulds Pumps, Inc. | New York | local | 2009 | $153,176 | tax credit/rebate; property tax abatement | |
| ITT CORPORATION | United States | federal | 2010 | $150,000 | federal grant | |
| ITT CORPORATION | United States | federal | 2010 | $150,000 | federal grant | |
| ITT Corporation | New York | local | 2012 | $135,744 | tax credit/rebate; property tax abatement | |
| ITT AVIONICS | United States | federal | 2001 | $132,729 | federal grant | |
| ITT Corporation | New York | local | 2013 | $130,989 | tax credit/rebate; property tax abatement | |
| ITT CORPORATION | United States | federal | 2009 | $127,444 | federal grant | |
| ITT INDUSTRIES GOULDS PUMPS INC., VERTICAL PRODUCTS | California | state | 2004 | $122,501 | training reimbursement | |
| Goulds Pumps ITT Industries | New York | state | 2002 | $121,000 | enterprise zone | |
| ITT Corporation | Florida | state | 2011 | $120,000 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2007 | $107,250 | tax credit/rebate; property tax abatement | |
| ITT Corporation | Maryland | state | 2010 | $100,000 | grant/loan hybrid program | |
| ITT Corporation | Utah | state | 2011 | $88,000 | grant | |
| Wolverine Advanced Materials | Virginia | state | 2016 | $80,197 | training reimbursement | |
| ITT CORPORATION | United States | federal | 2011 | $75,867 | federal grant | |
| ITT Automotive | North Carolina | state | 1998 | $75,000 | grant | |
| ITT Industries | Florida | state | 2005 | $72,000 | tax credit/rebate | |
| ITT CORPORATION | United States | federal | 2009 | $60,056 | federal grant | |
| ITT INDUSTRIES, INC., DBA BIW CONNECTOR SYSTEMS | California | state | 2004 | $56,758 | training reimbursement | |
| Goulds Pumps Inc. | New York | local | 2010 | $55,202 | tax credit/rebate; property tax abatement | |
| ITT Corporation | Indiana | state | 2011 | $50,000 | training reimbursement | |
| ITT Industries | New York | local | 2005 | $48,104 | tax credit/rebate; property tax abatement | |
| ITT CORPORATION | United States | federal | 2010 | $36,000 | federal grant | |
| ITT Industries | New York | local | 2004 | $34,739 | tax credit/rebate; property tax abatement | |
| ITT Industries | New York | local | 2003 | $27,305 | tax credit/rebate; property tax abatement | |
| ITT Corporation | New York | local | 2010 | $26,555 | tax credit/rebate; property tax abatement | |
| Goulds Pump, Inc., | New York | local | 2003 | $25,201 | tax credit/rebate; property tax abatement | |
| ITT Automotive | North Carolina | state | 1999 | $25,000 | grant | |
| ITT INDUSTRIES, INC | United States | federal | 2001 | $23,837 | federal grant | |
| Goulds Pumps Incorporated 2012/2013 Project | New York | local | 2016 | $23,793 | tax credit/rebate | |
| ITT Corporation | New York | local | 2009 | $22,218 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | New York | state | 2011 | $21,323 | enterprise zone | |
| Goulds Pumps Inc. | New York | local | 2011 | $12,563 | tax credit/rebate; property tax abatement | |
| Wolverine Advanced Materials | Michigan | state | 2013 | $12,000 | grant | |
| Goulds Pumps Inc. | New York | local | 2008 | $11,413 | tax credit/rebate; property tax abatement | |
| Goulds Pumps Incorporated 2012/2013 Project | New York | local | 2015 | $11,393 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2009 | $9,808 | tax credit/rebate; property tax abatement | |
| ITT Corporation | New York | local | 2015 | $4,761 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2010 | $4,673 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | New York | local | 2011 | $4,625 | tax credit/rebate; property tax abatement | |
| ITT Corporation | New York | local | 2016 | $3,936 | tax credit/rebate | |
| ITT Corporation | Pennsylvania | state | 2011 | $3,589 | tax credit/rebate | |
| ITT Corporation | Pennsylvania | state | 2010 | $3,444 | tax credit/rebate | |
| Goulds Pumps Inc. | New York | local | 2013 | $3,369 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | New York | local | 2012 | $3,062 | tax credit/rebate; property tax abatement | |
| Enidine Incorporated | New York | local | 2016 | $2,469 | tax credit/rebate | |
| ITT Corporation | New York | local | 2014 | $2,460 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2015 | $2,426 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2014 | $2,383 | tax credit/rebate | |
| Enidine Incorporated | New York | local | 2013 | $2,172 | tax credit/rebate; property tax abatement | |
| Goulds Pumps PA Inc. | Pennsylvania | state | 2008 | $1,405 | tax credit/rebate | |
| Goulds Pumps Inc. | New York | local | 2012 | $1,084 | tax credit/rebate; property tax abatement | |
| ITT INDUSTRIES | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ITT Industries, Inc., and Affiliated Companies | West Virginia | state | 2007 | undisclosed | tax credit/rebate | |
| ITT Automotive | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| ITT Industries | Ohio | state | 1995 | undisclosed | tax credit/rebate |
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