Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,457,482,725
Number of Awards:
3,185
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 2012.
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 Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Babcock & Wilcox | $390,795,220 | 54 |
| Eaton | $231,352,014 | 260 |
| Emerson Electric | $87,349,737 | 114 |
| ITT Inc. | $82,384,360 | 101 |
| Giner | $73,521,204 | 151 |
| SPX Corp. | $64,925,068 | 120 |
| Danfoss | $57,359,282 | 30 |
| Parker-Hannifin | $50,766,641 | 191 |
| Luna Innovations | $48,967,153 | 146 |
| Precision Combustion Inc. | $44,691,424 | 109 |
Individual Subsidy Records:
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| Company | Parent | Location | Subsidy Source | Year | Subsidy Value |
Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|---|
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2008 | $800,000 | loan or bond financing | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2011 | $750,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2012 | $750,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2013 | $750,000 | federal loan or loan guarantee | |
| S&N International LLC | SPX Corp. | United States | federal | 2002 | $750,000 | federal insurance | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2008 | $675,000 | federal loan or loan guarantee | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2010 | $675,000 | federal loan or loan guarantee | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2008 | $675,000 | federal loan or loan guarantee | |
| Innovative Control Systems Inc | Emerson Electric | United States | federal | 2009 | $675,000 | federal loan or loan guarantee | |
| Tyco Valves And Controls Lp | Pentair | United States | federal | 2008 | $532,816 | federal loan or loan guarantee | |
| EATON AUTOMOTIVE GROUP, INC. | Eaton | United States | federal | 2009 | $518,400 | federal loan or loan guarantee | |
| CARDINAL FASTENER | Wurth Group | Ohio | state | 2009 | $500,000 | loan or bond financing | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2012 | $500,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2013 | $500,000 | federal loan or loan guarantee | |
| Crane Environmental Inc | Crane Co. | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Crane Environmental Inc | Crane Co. | United States | federal | 2012 | $500,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2010 | $500,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2009 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2007 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2013 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2012 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2010 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2009 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2014 | $500,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2016 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2015 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2017 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2019 | $500,000 | federal loan or loan guarantee | |
| S&N Pump Company | SPX Corp. | United States | federal | 2002 | $495,000 | federal loan or loan guarantee | |
| Innovative Control Systems Inc | Emerson Electric | United States | federal | 2007 | $450,000 | federal loan or loan guarantee | |
| Innovative Control Systems Inc | Emerson Electric | United States | federal | 2008 | $450,000 | federal loan or loan guarantee | |
| Rotary Lift | Dover Corp. | United States | federal | 2008 | $450,000 | federal loan or loan guarantee | |
| Transweb Llc | Parker-Hannifin | United States | federal | 2010 | $450,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2012 | $400,000 | federal loan or loan guarantee | |
| Saturn Fasteners Inc | Fontana Gruppo | United States | federal | 2007 | $350,000 | federal loan or loan guarantee | |
| Saturn Fasteners Inc | Fontana Gruppo | United States | federal | 2008 | $350,000 | federal loan or loan guarantee | |
| Gilbarco Inc. | Fortive | United States | federal | 2008 | $347,953 | federal loan or loan guarantee | |
| Heil Trailer International | Dover Corp. | United States | federal | 2012 | $316,457 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2012 | $275,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2010 | $225,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2010 | $225,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2011 | $225,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2007 | $225,000 | federal loan or loan guarantee | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2008 | $225,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2010 | $225,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2012 | $225,000 | federal loan or loan guarantee | |
| Paksense, Inc. | Emerson Electric | United States | federal | 2012 | $225,000 | federal loan or loan guarantee | |
| Graham Corporation | Graham Corp. | United States | federal | 2019 | $225,000 | federal loan or loan guarantee | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2007 | $219,109 | federal loan or loan guarantee | |
| Nordson Corporation | Nordson | United States | federal | 2007 | $158,768 | federal loan or loan guarantee | |
| Donaldson Company Inc | Donaldson | Iowa | state | 2004 | $132,000 | loan or bond financing | |
| Spx Cooling Technologies, Inc. | SPX Corp. | United States | federal | 2014 | $72,913 | federal loan or loan guarantee | |
| Emerson Electric Co. | Emerson Electric | United States | federal | 2013 | $45,000 | federal loan or loan guarantee | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2017 | $112,822,420 | federal grant | |
| BABCOCK & WILCOX MPOWER, INC. | Babcock & Wilcox | United States | federal | 2018 | $111,341,838 | 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 | |
| UQM TECHNOLOGIES, INC. | Danfoss | United States | federal | 2010 | $45,145,534 | 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 | |
| WAUKESHA ELECTRIC SYSTEMS, INC | SPX Corp. | United States | federal | 2018 | $7,272,278 | 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 | |
| Emerson Power Transmission, Mfg., L.P. | Emerson Electric | Kentucky | state | 2001 | $5,462,280 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2020 | $5,444,224 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2016 | $5,345,924 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2018 | $5,345,924 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2018 | $5,345,924 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2019 | $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 | |
| GE Transportation | Westinghouse Air Brake Technologies (Wabtec) | Texas | state | 2011 | $4,200,000 | 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 | |
| EATON CORPORATION | Eaton | United States | federal | 2020 | $4,000,000 | federal grant | |
| Dover Corporation | Dover Corp. | Illinois | state | 2013 | $3,859,336 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2019 | $3,606,218 | federal grant |
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