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:
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| Company | Parent | Location | Subsidy Source |
Year |
Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $124,986 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,978 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,978 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,599 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,599 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,282 | federal grant | |
| LUNA INNOVATIONS INCORPORATED | Luna Innovations | United States | federal | 2008 | $99,282 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $249,966 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $249,949 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $249,949 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $124,983 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $115,453 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $99,981 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $400,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $100,695 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $100,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $100,000 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $212,418 | federal grant | |
| EATON CORPORATION | Eaton | United States | federal | 2008 | $122,582 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2008 | $650,000 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2008 | $100,000 | federal grant | |
| GINER ELECTROCHEMICAL SYSTEMS, LLC | Giner | United States | federal | 2008 | $50,000 | federal grant | |
| PARKER-HANNIFIN CORPORATION | Parker-Hannifin | United States | federal | 2008 | $1,401,631 | federal grant | |
| BABCOCK & WILCOX COMPANY, THE (INC) | Babcock & Wilcox | United States | federal | 2008 | $140,958 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $200,000 | federal grant | |
| PRECISION COMBUSTION, INC | Precision Combustion Inc. | United States | federal | 2008 | $100,000 | federal grant | |
| SPX COOLING TECHNOLOGIES INC | SPX Corp. | United States | federal | 2008 | $415,825 | federal grant | |
| ITT CORPORATION (8950) | ITT Inc. | United States | federal | 2008 | $449,919 | federal grant | |
| Advanced Protection Technologies, Inc. | Emerson Electric | United States | federal | 2008 | $225,000 | federal loan or loan guarantee | |
| Air Gage Company | SPX Corp. | United States | federal | 2008 | $1,000,000 | federal loan or loan guarantee | |
| Cooper Power Systems, Llc | Eaton | United States | federal | 2008 | $1,350,000 | federal loan or loan guarantee | |
| Crane Composites, Inc. | Crane Co. | United States | federal | 2008 | $1,000,000 | federal loan or loan guarantee | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2008 | $675,000 | federal loan or loan guarantee | |
| Fitzpatrick Company, The | IDEX | United States | federal | 2008 | $675,000 | federal loan or loan guarantee | |
| Fluid Management, Inc. (Del) | IDEX | United States | federal | 2008 | $2,000,000 | federal loan or loan guarantee | |
| Gilbarco Inc. | Fortive | United States | federal | 2008 | $347,953 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $1,849,157 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $3,706,257 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $18,068,380 | federal loan or loan guarantee | |
| Harsco Corporation | Harsco | United States | federal | 2008 | $102,387,486 | federal loan or loan guarantee | |
| Innovative Control Systems Inc | Emerson Electric | United States | federal | 2008 | $450,000 | federal loan or loan guarantee | |
| Kimball Electronics Incorporated | Kimball Electronics | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | Illinois Tool Works | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| O'Neil Product Development, Inc. | Dover Corp. | United States | federal | 2008 | $1,500,000 | federal loan or loan guarantee | |
| Pacific Polymers Inc | Illinois Tool Works | United States | federal | 2008 | $1,300,000 | federal loan or loan guarantee | |
| Rotary Lift | Dover Corp. | United States | federal | 2008 | $450,000 | federal loan or loan guarantee | |
| Saturn Fasteners Inc | Fontana Gruppo | United States | federal | 2008 | $350,000 | federal loan or loan guarantee | |
| Tyco Valves And Controls Lp | Pentair | United States | federal | 2008 | $532,816 | federal loan or loan guarantee | |
| Vmonitor Inc | Rockwell Automation | United States | federal | 2008 | $3,000,000 | federal loan or loan guarantee | |
| Wayne Trail Technologies, Inc. | Lincoln Electric Holdings | United States | federal | 2008 | $2,000,000 | federal loan or loan guarantee | |
| S & N PUMP COMPANY | SPX Corp. | United States | federal | 2008 | $1,762,000 | federal loan or loan guarantee | |
| The Timken Company | Timken | North Carolina | state | 2008 | $100,000 | grant | |
| PARKER HANNIFIN CORP | Parker-Hannifin | Ohio | state | 2008 | $800,000 | loan or bond financing | |
| Atlas Copco Drilling Solutions LLC | Atlas Copco | Texas | local | 2008 | undisclosed | property tax abatement | |
| Eaton Corporation | Eaton | New York | state | 2008 | $309,484 | enterprise zone | |
| Graham Corporation | Graham Corp. | New York | state | 2008 | $168,835 | enterprise zone | |
| Graham Corporation | Graham Corp. | New York | state | 2008 | $168,835 | enterprise zone | |
| Lydall Thermal/Acoustical, Inc. | Lydall | New York | state | 2008 | $45,732 | enterprise zone | |
| SKF Aeroengine North America | SKF | New York | state | 2008 | $249,588 | enterprise zone | |
| SKF Aeroengine North America | SKF | New York | state | 2008 | $249,588 | enterprise zone | |
| ITT Industries Inc | ITT Inc. | West Virginia | state | 2008 | undisclosed | tax credit/rebate | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $24,900 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $51,300 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2009 | $7,220 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $7,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $7,000 | cost reimbursement | |
| FANUC AMERICA CORP. | Fanuc | Alabama | state | 2009 | $17,330 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $14,000 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $2,000 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2009 | $14,122 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $7,000 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2009 | $18,578 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $9,350 | cost reimbursement | |
| FANUC ROBOTICS AMERICA, INC. | Fanuc | Alabama | state | 2009 | $4,047 | cost reimbursement | |
| Rockwell Automation Nashville Office | Rockwell Automation | Alabama | state | 2009 | $2,000 | cost reimbursement | |
| ACCESSORIES MARKETING INC. | Illinois Tool Works | California | state | 2009 | $24,500 | training reimbursement | |
| BARKSDALE, INC. | Crane Co. | California | state | 2009 | $34,271 | training reimbursement | |
| TYCO THERMAL CONTROLS LLC | Pentair | California | state | 2009 | $99,000 | training reimbursement | |
| Acument Global Technologies (Camcar, LLC) | Fontana Gruppo | Iowa | state | 2009 | $45,000 | grant/loan hybrid program | |
| Acument Global Technologies | Fontana Gruppo | Iowa | state | 2009 | $107,550 | tax credit/rebate | |
| Acument Global Technologies (Camcar, LLC) | Fontana Gruppo | Iowa | state | 2009 | $107,550 | tax credit/rebate | |
| BOMAG Americas, Inc. | SPX Corp. | Illinois | state | 2009 | undisclosed | tax credit/rebate | |
| Danfoss Drives | Danfoss | Illinois | state | 2009 | undisclosed | tax credit/rebate | |
| SPX Corporation | SPX Corp. | Illinois | state | 2009 | undisclosed | tax credit/rebate | |
| Solus Industrial Innovations, LLC | Emerson Electric | Kentucky | state | 2009 | $73,000 | training reimbursement | |
| The Trane Company | Ingersoll-Rand | Kentucky | state | 2009 | $50,000 | training reimbursement | |
| Emerson Power Transmission | Emerson Electric | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| ITW Ramset | Illinois Tool Works | Kentucky | state | 2009 | $6,025 | training reimbursement | |
| Lord Corporation | Lord Corporation | Kentucky | state | 2009 | $2,520 | training reimbursement | |
| Emerson Power | Emerson Electric | Kentucky | state | 2009 | $2,300,000 | tax credit/rebate | |
| Emerson Power Transmission, L.P. | Emerson Electric | Kentucky | state | 2009 | $1,500,000 | tax credit/rebate | |
| IMO Industries, Inc. | Colfax | Kentucky | state | 2009 | $600,000 | tax credit/rebate | |
| Hoffman Enclosures, Inc. | Pentair | Kentucky | state | 2009 | $332,500 | tax credit/rebate | |
| Emerson Power Transmission | Emerson Electric | Kentucky | state | 2009 | $99,000 | training reimbursement | |
| Voith Paper Rolls South, Inc. | Voith | Louisiana | state | 2009 | $35,444 | Enterprise zone | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2009 | $639,585 | property tax abatement | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2009 | $420,435 | property tax abatement | |
| Stowe Woodward | Andritz | Louisiana | state | 2009 | $385,737 | property tax abatement | |
| Alliance Compressors | Emerson Electric | Louisiana | state | 2009 | $221,936 | property tax abatement | |
| Voith Paper Rolls South, Inc. | Voith | Louisiana | state | 2009 | $104,083 | property tax abatement | |
| Voith Paper Fabrics Shreveport, Inc. | Voith | Louisiana | state | 2009 | $89,262 | property tax abatement |
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