Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,409,554,012
Number of Awards:
3,009
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 Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Babcock & Wilcox | $388,060,181 | 53 |
| Eaton | $209,355,259 | 236 |
| Emerson Electric | $87,079,357 | 111 |
| ITT Inc. | $82,304,683 | 97 |
| Giner | $66,670,312 | 141 |
| SPX Corp. | $64,662,204 | 106 |
| Danfoss | $57,359,282 | 30 |
| Parker-Hannifin | $49,107,228 | 176 |
| Timken | $40,424,345 | 38 |
| Luna Innovations | $37,176,874 | 132 |
Individual Subsidy Records:
| Company | Parent | Location | Subsidy Source | Year | Subsidy Value |
Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|---|
| SMC Corporation of America | SMC Corp. | Indiana | state | 2012 | $600,000 | tax credit/rebate | |
| THE BABCOCK & WILCOX COMPANY | Babcock & Wilcox | United States | federal | 2005 | $600,000 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2016 | $599,991 | federal grant | |
| GINER, INC. | Giner | United States | federal | 2019 | $599,975 | federal grant | |
| Parker Hannifin Corporation | Parker-Hannifin | Wisconsin | state | 2011 | $590,000 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2011 | $588,481 | federal grant | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2009 | $586,658 | tax credit/rebate | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2015 | $577,692 | tax credit/rebate | |
| Rosemount Inc | Emerson Electric | Minnesota | local | 2013 | $570,608 | tax credit/rebate and grant | |
| EATON CORPORATION | Eaton | United States | federal | 2014 | $567,915 | federal grant | |
| ATLAS COPCO SECOROC LLC | Atlas Copco | United States | federal | 2011 | $558,508 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2005 | $556,667 | federal grant | |
| BABCOCK & WILCOX POWER GENERATION GROUP, INC. | Babcock & Wilcox | United States | federal | 2011 | $550,979 | federal grant | |
| SKF Aeroengines | SKF | New York | state | 2008 | $550,000 | grant | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2007 | $550,000 | federal grant | |
| Transform Automotive LLC | Amsted Industries | Michigan | state | 2014 | $550,000 | grant/loan hybrid program | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2010 | $549,950 | federal grant | |
| BABCOCK & WILCOX COMPANY, THE (INC) | Babcock & Wilcox | United States | federal | 2010 | $549,789 | federal grant | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2016 | $548,957 | tax credit/rebate | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2011 | $546,217 | tax credit/rebate | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2012 | $545,000 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2001 | $543,000 | federal grant | |
| PAVILION TECHNOLOGIES INC | Rockwell Automation | United States | federal | 2005 | $541,600 | federal grant | |
| SKF Aeroengine North America | SKF | New York | local | 2011 | $541,000 | tax credit/rebate; property tax abatement | |
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2010 | $537,750 | enterprise zone | |
| EATON CORPORATION | Eaton | United States | federal | 2011 | $533,518 | federal grant | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | Indiana | local | 2011 | $531,270 | property tax abatement | |
| The Timken Company | Timken | North Carolina | state | 2013 | $526,309 | tax credit/rebate | |
| EATON CORPORATION | Eaton | United States | federal | 2011 | $525,000 | federal grant | |
| ITT Corporation 2012/2013 Project (part III) | ITT Inc. | New York | local | 2013 | $523,854 | tax credit/rebate; property tax abatement | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2003 | $518,700 | federal grant | |
| PARKER HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2010 | $518,513 | federal grant | |
| GINER INC | Giner | United States | federal | 2006 | $517,033 | federal grant | |
| Ingersoll Rand Company | Ingersoll-Rand | North Carolina | state | 2009 | $516,065 | tax credit/rebate | |
| Goulds Pumps ITT Industries | ITT Inc. | New York | state | 2009 | $515,406 | enterprise zone | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2007 | $507,000 | federal grant | |
| UQM TECHNOLOGIES, INC. | Danfoss | United States | federal | 2015 | $503,895 | federal grant | |
| TRANE | Ingersoll-Rand | Arkansas | state | 2010 | $501,112 | tax credit/rebate | |
| Timken Company | Timken | Georgia | state | 2007 | $500,000 | grant | |
| Eaton Hydraulics Inc. | Eaton | Iowa | state | 2008 | $500,000 | grant/loan hybrid program | |
| Rosemount, Inc. | Emerson Electric | Minnesota | state | 2011 | $500,000 | grant/loan hybrid program | |
| NSK Precision America, Incorporated | NSK | Indiana | state | 2006 | $500,000 | tax credit/rebate | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2002 | $500,000 | federal grant | |
| INGERSOLL RAND ENERGY SYS CORP | Ingersoll-Rand | United States | federal | 2000 | $500,000 | federal grant | |
| INGERSOLL RAND ENERGY SYS CORP | Ingersoll-Rand | United States | federal | 2003 | $500,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2012 | $500,000 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2005 | $500,000 | federal grant | |
| PARKER-HANNIFIN, CORPORATION | Parker-Hannifin | United States | federal | 2010 | $500,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2005 | $500,000 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2010 | $500,000 | federal grant | |
| Vilter Manufacturing LLC | Emerson Electric | Wisconsin | state | 2013 | $500,000 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2015 | $500,000 | federal grant | |
| Rosemount, Inc. | Emerson Electric | Minnesota | local | 2015 | $500,000 | grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2012 | $499,998 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2011 | $499,995 | federal grant | |
| BABCOCK & WILCOX POWER GENERATION GROUP, INC. | Babcock & Wilcox | United States | federal | 2014 | $499,994 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2004 | $499,958 | federal grant | |
| GINER EC SYSTEMS, LLC | Giner | United States | federal | 2003 | $499,926 | federal grant | |
| GINER EC SYSTEMS, LLC | Giner | United States | federal | 2003 | $499,926 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2002 | $499,913 | federal grant | |
| Luna Innovations, Inc. | Luna Innovations | United States | federal | 2007 | $499,831 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2010 | $499,609 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2011 | $499,444 | federal grant | |
| Lord Corporation | Lord Corporation | Pennsylvania | state | 2015 | $498,784 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2002 | $495,877 | federal grant | |
| Cooper Power Systems, LLC | Eaton | United States | federal | 2010 | $495,510 | federal allocated tax credit | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2011 | $495,204 | tax credit/rebate; property tax abatement | |
| Coherent, Inc. | Coherent Inc. | United States | federal | 2013 | $492,953 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2003 | $490,996 | federal grant | |
| BABCOCK & WILCOX CO | Babcock & Wilcox | United States | federal | 2003 | $489,791 | federal grant | |
| Clyde Union, Inc. | SPX Corp. | Michigan | state | 2010 | $487,000 | property tax abatement | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2011 | $485,774 | federal grant | |
| Heil Trailer International, Inc. | Dover Corp. | Tennessee | state | 2012 | $485,000 | training reimbursement | |
| Parker Hydraulics Systems | Parker-Hannifin | Michigan | state | 2010 | $484,300 | tax credit/rebate | |
| Eaton Hydraulics Inc. | Eaton | Iowa | state | 2008 | $483,025 | tax credit/rebate | |
| The Trane Company | Ingersoll-Rand | Florida | state | 2002 | $480,000 | tax credit/rebate | |
| PARKER-HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2010 | $475,750 | federal grant | |
| PCB Piezotronics of North Carolina | MTS Systems | North Carolina | state | 2012 | $475,000 | tax credit/rebate | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2006 | $475,000 | federal grant | |
| Kennametal, Inc. | Kennametal | Massachusetts | state | 2015 | $465,000 | tax credit/rebate | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2006 | $464,907 | federal grant | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2007 | $461,424 | tax credit/rebate; property tax abatement | |
| NUVONYX, INC | Coherent Inc. | United States | federal | 2003 | $461,122 | federal grant | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2004 | $460,789 | federal grant | |
| Cooper B-Line, Inc. | Eaton | Nevada | state | 2014 | $460,176 | tax credit/rebate | |
| GINER, INC. | Giner | United States | federal | 2011 | $460,000 | federal grant | |
| ITT/Goulds Pumps, Inc. | ITT Inc. | New York | local | 2009 | $459,528 | tax credit/rebate; property tax abatement | |
| Eaton Corporation | Eaton | New York | state | 2012 | $457,887 | enterprise zone | |
| Parker Hannifin ( Aeroquip) 50 | Parker-Hannifin | Indiana | local | 2003 | $457,580 | property tax abatement | |
| Goulds Pumps Administration, Inc. | ITT Inc. | New York | state | 2005 | $455,415 | enterprise zone | |
| LUNA INNOVATIONS, INC. | Luna Innovations | United States | federal | 2002 | $454,808 | federal grant | |
| LUNA INNOVATIONS INC | Luna Innovations | United States | federal | 2001 | $454,553 | federal grant | |
| Sargent Controls & Aerospace | Dover Corp. | Arizona | state | 2011 | $450,500 | training reimbursement | |
| Timken US Corporation | Timken | North Carolina | state | 2008 | $450,000 | tax credit/rebate | |
| WAUKESHA ELECTRIC SYSTEMS, INC. | SPX Corp. | United States | federal | 2006 | $450,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2007 | $450,000 | federal grant | |
| ITT CORPORATION (8950) | ITT Inc. | United States | federal | 2008 | $449,919 | federal grant | |
| SCHAEFFLER GROUP USA, INC. (FAG BEARING) | Schaeffler Technologies | Missouri | state | 2019 | $449,900 | tax credit/rebate | |
| PRECISION COMBUSTION, INC. | Precision Combustion Inc. | United States | federal | 2014 | $449,898 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2010 | $449,741 | federal grant | |
| PRECISION COMBUSTION INC | Precision Combustion Inc. | United States | federal | 2002 | $443,000 | federal grant |
