Subsidy Tracker: Industry Summary Page
Major Industry:
industrial equipment
Subsidy Total:
$1,512,000,025
Number of Awards:
3,205
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 | $380,815,103 | 48 |
| Eaton | $247,856,822 | 265 |
| Emerson Electric | $84,716,653 | 97 |
| Giner | $83,141,064 | 162 |
| ITT Inc. | $82,411,995 | 104 |
| SPX Corp. | $61,143,853 | 102 |
| Luna Innovations | $59,077,156 | 155 |
| Danfoss | $57,373,282 | 31 |
| Parker-Hannifin | $51,064,141 | 193 |
| Precision Combustion Inc. | $47,005,709 | 110 |
Individual Subsidy Records:
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| Company | Parent |
Location |
Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2012 | $38,867 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2012 | $64,089 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll Rand | North Carolina | state | 2012 | $142,876 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2012 | $198,044 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2011 | $1,932 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2012 | $3,977 | tax credit/rebate | |
| Exide Electronics Corp. | Eaton | North Carolina | state | 1989 | $250,000 | grant | |
| Flowserve (Borg Warner) | Flowserve | North Carolina | state | 1998 | $60,000 | grant | |
| Snap-On Tools | Snap-on | North Carolina | state | 2009 | $200,000 | grant | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2013 | $209,765 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $157,216 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll Rand | North Carolina | state | 2013 | $128,796 | tax credit/rebate | |
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2013 | $66,959 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $41,103 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2013 | $39,699 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2013 | $34,721 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $32,819 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $26,000 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2013 | $24,425 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2013 | $14,082 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2013 | $12,356 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2013 | $8,947 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2013 | $7,090 | tax credit/rebate | |
| Hale Products, Inc. | IDEX Corp. | North Carolina | state | 2013 | $5,936 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2013 | $2,624 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $733,500 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll Rand | North Carolina | state | 2013 | $672,598 | tax credit/rebate | |
| The Timken Company | Timken | North Carolina | state | 2013 | $526,309 | tax credit/rebate | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2013 | $280,787 | tax credit/rebate | |
| Yale Industrial Products, Inc. | Columbus McKinnon | North Carolina | state | 2013 | $122,747 | tax credit/rebate | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2013 | $99,200 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2013 | $58,654 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $54,732 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2013 | $26,927 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2013 | $20,860 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $20,134 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2013 | $14,626 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $14,218 | tax credit/rebate | |
| The Babcock & Wilcox Company | Babcock & Wilcox | North Carolina | state | 2013 | $8,625 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2013 | $4,831 | tax credit/rebate | |
| OPW Fueling Containment Systems, Inc. | Dover Corp. | North Carolina | state | 2013 | $3,750 | tax credit/rebate | |
| ITT Automotive | ITT Inc. | North Carolina | state | 1998 | $75,000 | grant | |
| ITT Automotive | ITT Inc. | North Carolina | state | 1999 | $25,000 | grant | |
| NACCO Materials Hndlg. Group | Hyster-Yale Materials Handling | North Carolina | state | 1999 | $60,000 | grant | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2005 | $100,000 | grant | |
| Coeur, Inc. | Illinois Tool Works | North Carolina | state | 2006 | $50,000 | grant | |
| The Timken Company | Timken | North Carolina | state | 2008 | $100,000 | grant | |
| Yale Industrial Products | Columbus McKinnon | North Carolina | state | 2012 | $116,300 | grant | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2012 | $58,000 | grant | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2013 | $97,000 | grant | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $1,040,732 | tax credit/rebate | |
| Pentair Water Pool & Spa, Inc. | Pentair | North Carolina | state | 2013 | $255,288 | tax credit/rebate | |
| The Timken Company | Timken | North Carolina | state | 2013 | $201,647 | tax credit/rebate | |
| Kennametal, Inc. | Kennametal | North Carolina | state | 2013 | $60,124 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $31,919 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $30,193 | tax credit/rebate | |
| Lydall Thermal/Acoustical, Inc. | Lydall | North Carolina | state | 2013 | $24,222 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $17,420 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2013 | $6,045 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2013 | $4,289 | tax credit/rebate | |
| Coeur, Inc. | Illinois Tool Works | North Carolina | state | 2013 | $3,504 | tax credit/rebate | |
| Automatic Switch Company | Emerson Electric | North Carolina | state | 2014 | $310,788 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $188,929 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2014 | $144,967 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2014 | $31,170 | tax credit/rebate | |
| The Babcock & Wilcox Company | Babcock & Wilcox | North Carolina | state | 2014 | $8,625 | tax credit/rebate | |
| Purolator EFP, LLC | Parker-Hannifin | North Carolina | state | 2014 | $5,570 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2014 | $1,491 | tax credit/rebate | |
| Fanuc Robotics America, Inc. | Fanuc | North Carolina | state | 2014 | $5,883 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2014 | $18,472 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2014 | $25,944 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2014 | $27,349 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2014 | $39,250 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2014 | $224,300 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2014 | $310,722 | tax credit/rebate | |
| Cooper US, Inc. | Eaton | North Carolina | state | 2013 | $1,146 | tax credit/rebate | |
| Constellation Pumps Corp. | Colfax | North Carolina | state | 2013 | $1,547 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2013 | $1,857 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2013 | $2,624 | tax credit/rebate | |
| Hale Products, Inc. | IDEX Corp. | North Carolina | state | 2013 | $5,936 | tax credit/rebate | |
| Purolator Facet, Inc. | Parker-Hannifin | North Carolina | state | 2013 | $7,090 | tax credit/rebate | |
| SPX Corporation | SPX Corp. | North Carolina | state | 2013 | $8,947 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | North Carolina | state | 2013 | $12,356 | tax credit/rebate | |
| Tipper Tie, Inc. | Dover Corp. | North Carolina | state | 2013 | $14,082 | tax credit/rebate | |
| Snap-On Power Tools, Inc. | Snap-on | North Carolina | state | 2013 | $24,425 | tax credit/rebate | |
| Railroad Friction Products Corporation | Westinghouse Air Brake Technologies (Wabtec) | North Carolina | state | 2013 | $26,000 | tax credit/rebate | |
| The Marley-Wylain Company | SPX Corp. | North Carolina | state | 2013 | $32,819 | tax credit/rebate | |
| Parker Hannifin Corporation | Parker-Hannifin | North Carolina | state | 2013 | $34,721 | tax credit/rebate | |
| SPX Flow Technology Systems, Inc. | SPX FLOW | North Carolina | state | 2013 | $39,699 | tax credit/rebate | |
| Lord Corporation | Lord Corporation | North Carolina | state | 2013 | $41,103 | tax credit/rebate | |
| NACCO Materials Handling Group, Inc. | Hyster-Yale Materials Handling | North Carolina | state | 2013 | $66,959 | tax credit/rebate | |
| Ingersoll Rand Company | Ingersoll Rand | North Carolina | state | 2013 | $128,796 | tax credit/rebate | |
| Eaton Corporation | Eaton | North Carolina | state | 2013 | $157,216 | tax credit/rebate | |
| Gilbarco, Inc. | Fortive | North Carolina | state | 2013 | $209,765 | tax credit/rebate | |
| Erico International Corporation | Pentair | North Carolina | state | 2012 | $3,766 | tax credit/rebate | |
| Sandvik, Inc. | Sandvik | North Carolina | state | 2012 | $3,884 | tax credit/rebate | |
| Flair Corporation | SPX Corp. | North Carolina | state | 2012 | $3,894 | tax credit/rebate | |
| SPX Cooling Technologies, Inc. | SPX Corp. | North Carolina | state | 2012 | $4,161 | tax credit/rebate |
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